Columbus Park 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 Columbus Park is about $851 per month. This puts it in the 5th percentile compared to the city average cost of rent, which is $1,268. Households in Columbus Park have a median income of $4,060 per month so the average renter in Columbus Park is spending roughly 21% of their earnings on housing.
Nationally, and in Columbus Park, home values are the data point most closely correlated with the cost of rent. The median price of a home in Columbus Park is $246,319 right now, which is lower than nearby neighborhoods, meaning that rents in Columbus Park also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northeastern parts of Columbus Park while lower rent rates are often available in southern areas.
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