The Most and Least Expensive Areas to Rent in Indian Hills-Stonewall Estates-Monticello, Lexington, KY

Indian Hills-Stonewall Estates-Monticello 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.

 

Indian Hills-Stonewall Estates-Monticello, Lexington, KY of rent costs by neighborhood
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On average, the cost of rent in Indian Hills-Stonewall Estates-Monticello is about $1,274 per month. This puts it in the 99th percentile compared to the city average cost of rent, which is $1,104. Households in Indian Hills-Stonewall Estates-Monticello have a median income of $7,175 per month so the average renter in Indian Hills-Stonewall Estates-Monticello is spending roughly 18% of their earnings on housing.

Nationally, and in Indian Hills-Stonewall Estates-Monticello, home values are the data point most closely correlated with the cost of rent. The median price of a home in Indian Hills-Stonewall Estates-Monticello is $256,955 right now, which is higher than nearby neighborhoods, meaning that rents in Indian Hills-Stonewall Estates-Monticello also tend to be higher versus these nearby neighborhoods.

Higher rent prices are common in the northern parts of Indian Hills-Stonewall Estates-Monticello while lower rent rates are often available in southern areas.

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