Hibiscus 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 Hibiscus is about $1,447 per month. This puts it in the 61st percentile compared to the city average cost of rent, which is $1,302. Households in Hibiscus have a median income of $5,332 per month so the average renter in Hibiscus is spending roughly 27% of their earnings on housing.
Nationally, and in Hibiscus, home values are the data point most closely correlated with the cost of rent. The median price of a home in Hibiscus is $167,788 right now, which is higher than nearby neighborhoods, meaning that rents in Hibiscus also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the northwestern parts of Hibiscus while lower rent rates are often available in central areas.
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