Hudson Avenue Historic District 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 Hudson Avenue Historic District is about $807 per month. This puts it in the 42nd percentile compared to the city average cost of rent, which is $894. Households in Hudson Avenue Historic District have a median income of $4,589 per month so the average renter in Hudson Avenue Historic District is spending roughly 18% of their earnings on housing.
Nationally, and in Hudson Avenue Historic District, home values are the data point most closely correlated with the cost of rent. The median price of a home in Hudson Avenue Historic District is $107,913 right now, which is lower than nearby neighborhoods, meaning that rents in Hudson Avenue Historic District also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the central parts of Hudson Avenue Historic District while lower rent rates are often available in southern areas.
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