Broadway Junction 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 Broadway Junction is about $1,264 per month. This puts it in the 42nd percentile compared to the city average cost of rent, which is $1,657. Households in Broadway Junction have a median income of $3,261 per month so the average renter in Broadway Junction is spending roughly 39% of their earnings on housing.
Nationally, and in Broadway Junction, home values are the data point most closely correlated with the cost of rent. The median price of a home in Broadway Junction is $572,389 right now, which is lower than nearby neighborhoods, meaning that rents in Broadway Junction also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the eastern parts of Broadway Junction while lower rent rates are often available in southwestern areas.
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