Depot Bench 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 Depot Bench is about $943 per month. This puts it in the 14th percentile compared to the city average cost of rent, which is $1,219. Households in Depot Bench have a median income of $3,972 per month so the average renter in Depot Bench is spending roughly 24% of their earnings on housing.
Nationally, and in Depot Bench, home values are the data point most closely correlated with the cost of rent. The median price of a home in Depot Bench is $319,304 right now, which is lower than nearby neighborhoods, meaning that rents in Depot Bench also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the central parts of Depot Bench while lower rent rates are often available in northern areas.
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