Downtown Crossing 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 Downtown Crossing is about $2,494 per month. This puts it in the 93rd percentile compared to the city average cost of rent, which is $1,696. Households in Downtown Crossing have a median income of $10,058 per month so the average renter in Downtown Crossing is spending roughly 25% of their earnings on housing.
Nationally, and in Downtown Crossing, home values are the data point most closely correlated with the cost of rent. The median price of a home in Downtown Crossing is $1,303,309 right now, which is higher than nearby neighborhoods, meaning that rents in Downtown Crossing also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the southeastern parts of Downtown Crossing while lower rent rates are often available in southern areas.
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