Bronzeville 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 Bronzeville is about $1,184 per month. This puts it in the 55th percentile compared to the city average cost of rent, which is $1,422. Households in Bronzeville have a median income of $5,840 per month so the average renter in Bronzeville is spending roughly 20% of their earnings on housing.
Nationally, and in Bronzeville, home values are the data point most closely correlated with the cost of rent. The median price of a home in Bronzeville is $311,640 right now, which is lower than nearby neighborhoods, meaning that rents in Bronzeville also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northwestern parts of Bronzeville while lower rent rates are often available in northeastern areas.
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