Civic Center Little Tokyo 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 Civic Center Little Tokyo is about $2,407 per month. This puts it in the 78th percentile compared to the city average cost of rent, which is $2,032. Households in Civic Center Little Tokyo have a median income of $5,914 per month so the average renter in Civic Center Little Tokyo is spending roughly 41% of their earnings on housing.
Nationally, and in Civic Center Little Tokyo, home values are the data point most closely correlated with the cost of rent. The median price of a home in Civic Center Little Tokyo is $619,699 right now, which is lower than nearby neighborhoods, meaning that rents in Civic Center Little Tokyo also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the western parts of Civic Center Little Tokyo while lower rent rates are often available in southern areas.
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