38105 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 38105 is about $826 per month. This puts it in the 60th percentile compared to the state average cost of rent, which is $1,035. Households in 38105 have a median income of $2,187 per month so the average renter in 38105 is spending roughly 38% of their earnings on housing.
Nationally, and in 38105, home values are the data point most closely correlated with the cost of rent. The median price of a home in 38105 is $98,481 right now, which is lower than nearby zip codes, meaning that rents in 38105 also tend to be lower versus these nearby zip codes.
Higher rent prices are common in the northeastern parts of 38105 while lower rent rates are often available in central areas.
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