College Area 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 College Area is about $1,750 per month. This puts it in the 40th percentile compared to the city average cost of rent, which is $2,110. Households in College Area have a median income of $4,788 per month so the average renter in College Area is spending roughly 37% of their earnings on housing.
Nationally, and in College Area, home values are the data point most closely correlated with the cost of rent. The median price of a home in College Area is $609,459 right now, which is lower than nearby neighborhoods, meaning that rents in College Area also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southwestern parts of College Area while lower rent rates are often available in eastern areas.
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