Golden Gate 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 Golden Gate is about $1,363 per month. This puts it in the 51st percentile compared to the city average cost of rent, which is $1,390. Households in Golden Gate have a median income of $5,173 per month so the average renter in Golden Gate is spending roughly 26% of their earnings on housing.
Nationally, and in Golden Gate, home values are the data point most closely correlated with the cost of rent. The median price of a home in Golden Gate is $247,106 right now, which is higher than nearby neighborhoods, meaning that rents in Golden Gate also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the northwestern parts of Golden Gate while lower rent rates are often available in eastern areas.
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