Delhi 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 Delhi is about $1,653 per month. This puts it in the 33rd percentile compared to the city average cost of rent, which is $1,785. Households in Delhi have a median income of $8,067 per month so the average renter in Delhi is spending roughly 20% of their earnings on housing.
Nationally, and in Delhi, home values are the data point most closely correlated with the cost of rent. The median price of a home in Delhi is $530,869 right now, which is higher than nearby neighborhoods, meaning that rents in Delhi also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the northeastern parts of Delhi while lower rent rates are often available in northwestern areas.
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