Central Ave 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 Central Ave is about $976 per month. This puts it in the 24th percentile compared to the city average cost of rent, which is $1,187. Households in Central Ave have a median income of $3,333 per month so the average renter in Central Ave is spending roughly 29% of their earnings on housing.
Nationally, and in Central Ave, home values are the data point most closely correlated with the cost of rent. The median price of a home in Central Ave is $151,516 right now, which is higher than nearby neighborhoods, meaning that rents in Central Ave also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the northern parts of Central Ave while lower rent rates are often available in central areas.
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