Downtown Geneva 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 Geneva is about $758 per month. This puts it in the 25th percentile compared to the city average cost of rent, which is $800. Households in Downtown Geneva have a median income of $3,722 per month so the average renter in Downtown Geneva is spending roughly 20% of their earnings on housing.
Nationally, and in Downtown Geneva, home values are the data point most closely correlated with the cost of rent. The median price of a home in Downtown Geneva is $101,999 right now, which is higher than nearby neighborhoods, meaning that rents in Downtown Geneva also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the southwestern parts of Downtown Geneva while lower rent rates are often available in southeastern areas.
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