Hill Farms-University Neighborh 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 Hill Farms-University Neighborh is about $1,457 per month. This puts it in the 96th percentile compared to the city average cost of rent, which is $1,163. Households in Hill Farms-University Neighborh have a median income of $8,314 per month so the average renter in Hill Farms-University Neighborh is spending roughly 18% of their earnings on housing.
Nationally, and in Hill Farms-University Neighborh, home values are the data point most closely correlated with the cost of rent. The median price of a home in Hill Farms-University Neighborh is $384,608 right now, which is higher than nearby neighborhoods, meaning that rents in Hill Farms-University Neighborh also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the northeastern parts of Hill Farms-University Neighborh while lower rent rates are often available in northern areas.
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