Central District 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 District is about $1,742 per month. This puts it in the 53rd percentile compared to the city average cost of rent, which is $1,871. Households in Central District have a median income of $8,883 per month so the average renter in Central District is spending roughly 20% of their earnings on housing.
Nationally, and in Central District, home values are the data point most closely correlated with the cost of rent. The median price of a home in Central District is $768,842 right now, which is lower than nearby neighborhoods, meaning that rents in Central District also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southeastern parts of Central District while lower rent rates are often available in southwestern areas.
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