31315 renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in 31315 is about $1,392 per month. This puts it in the 87th percentile compared to the state average cost of rent, which is $1,233. Households in 31315 have a median income of $3,776 per month so the average renter in 31315 is spending roughly 37% of their earnings on housing.
Nationally, and in 31315, home values are the data point most closely correlated with the cost of rent. The median price of a home in 31315 is $138,400 right now, which is lower than nearby zip codes, meaning that rents in 31315 also tend to be lower versus these nearby zip codes.
Higher rent prices are common in the southwestern parts of 31315 while lower rent rates are often available in southern areas.
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