Dering Harbor 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 Dering Harbor is about $1,895 per month. This puts it in the 90th percentile compared to the state average cost of rent, which is $1,514. Households in Dering Harbor have a median income of $6,231 per month so the average renter in Dering Harbor is spending roughly 30% of their earnings on housing.
Nationally, and in Dering Harbor, home values are the data point most closely correlated with the cost of rent. The median price of a home in Dering Harbor is $869,400 right now, which is higher than nearby cities, meaning that rents in Dering Harbor also tend to be higher versus these nearby cities.
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