Hamlin Park 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 Hamlin Park is about $892 per month. This puts it in the 16th percentile compared to the city average cost of rent, which is $951. Households in Hamlin Park have a median income of $3,823 per month so the average renter in Hamlin Park is spending roughly 23% of their earnings on housing.
Nationally, and in Hamlin Park, home values are the data point most closely correlated with the cost of rent. The median price of a home in Hamlin Park is $119,532 right now, which is lower than nearby neighborhoods, meaning that rents in Hamlin Park also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the western parts of Hamlin Park while lower rent rates are often available in northeastern areas.
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