Hillsmere Shores 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 Hillsmere Shores is about $2,085 per month. This puts it in the 92nd percentile compared to the city average cost of rent, which is $1,834. Households in Hillsmere Shores have a median income of $9,736 per month so the average renter in Hillsmere Shores is spending roughly 21% of their earnings on housing.
Nationally, and in Hillsmere Shores, home values are the data point most closely correlated with the cost of rent. The median price of a home in Hillsmere Shores is $514,867 right now, which is higher than nearby neighborhoods, meaning that rents in Hillsmere Shores also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the southeastern parts of Hillsmere Shores while lower rent rates are often available in eastern areas.
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