36117 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 36117 is about $1,241 per month. This puts it in the 94th percentile compared to the state average cost of rent, which is $964. Households in 36117 have a median income of $6,726 per month so the average renter in 36117 is spending roughly 18% of their earnings on housing.
Nationally, and in 36117, home values are the data point most closely correlated with the cost of rent. The median price of a home in 36117 is $231,101 right now, which is higher than nearby zip codes, meaning that rents in 36117 also tend to be higher versus these nearby zip codes.
Higher rent prices are common in the southeastern parts of 36117 while lower rent rates are often available in western areas.
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