Grandmont-Rosedale 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 Grandmont-Rosedale is about $1,017 per month. This puts it in the 64th percentile compared to the city average cost of rent, which is $1,198. Households in Grandmont-Rosedale have a median income of $2,963 per month so the average renter in Grandmont-Rosedale is spending roughly 34% of their earnings on housing.
Nationally, and in Grandmont-Rosedale, home values are the data point most closely correlated with the cost of rent. The median price of a home in Grandmont-Rosedale is $88,758 right now, which is lower than nearby neighborhoods, meaning that rents in Grandmont-Rosedale also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southern parts of Grandmont-Rosedale while lower rent rates are often available in eastern areas.
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