Jefferson Square 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 Jefferson Square is about $1,097 per month. This puts it in the 68th percentile compared to the city average cost of rent, which is $1,113. Households in Jefferson Square have a median income of $3,129 per month so the average renter in Jefferson Square is spending roughly 35% of their earnings on housing.
Nationally, and in Jefferson Square, home values are the data point most closely correlated with the cost of rent. The median price of a home in Jefferson Square is $173,101 right now, which is lower than nearby neighborhoods, meaning that rents in Jefferson Square also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southwestern parts of Jefferson Square while lower rent rates are often available in northwestern areas.
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