Eldorado Village 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 Eldorado Village is about $1,417 per month. This puts it in the 58th percentile compared to the city average cost of rent, which is $1,292. Households in Eldorado Village have a median income of $5,253 per month so the average renter in Eldorado Village is spending roughly 27% of their earnings on housing.
Nationally, and in Eldorado Village, home values are the data point most closely correlated with the cost of rent. The median price of a home in Eldorado Village is $146,270 right now, which is higher than nearby neighborhoods, meaning that rents in Eldorado Village also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the southwestern parts of Eldorado Village while lower rent rates are often available in central areas.
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