6th Ward 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 6th Ward is about $1,398 per month. This puts it in the 86th percentile compared to the city average cost of rent, which is $1,260. Households in 6th Ward have a median income of $3,690 per month so the average renter in 6th Ward is spending roughly 38% of their earnings on housing.
Nationally, and in 6th Ward, home values are the data point most closely correlated with the cost of rent. The median price of a home in 6th Ward is $74,829 right now, which is lower than nearby neighborhoods, meaning that rents in 6th Ward also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northern parts of 6th Ward while lower rent rates are often available in southeastern areas.
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