Del Rey Oaks 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 Del Rey Oaks is about $2,666 per month. This puts it in the 94th percentile compared to the state average cost of rent, which is $1,958. Households in Del Rey Oaks have a median income of $9,043 per month so the average renter in Del Rey Oaks is spending roughly 29% of their earnings on housing.
Nationally, and in Del Rey Oaks, home values are the data point most closely correlated with the cost of rent. The median price of a home in Del Rey Oaks is $678,760 right now, which is lower than nearby cities, meaning that rents in Del Rey Oaks also tend to be lower versus these nearby cities.
Higher rent prices are common in the central parts of Del Rey Oaks while lower rent rates are often available in northwestern areas.
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