King 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 King is about $1,643 per month. This puts it in the 75th percentile compared to the city average cost of rent, which is $1,538. Households in King have a median income of $8,696 per month so the average renter in King is spending roughly 19% of their earnings on housing.
Nationally, and in King, home values are the data point most closely correlated with the cost of rent. The median price of a home in King is $580,310 right now, which is higher than nearby neighborhoods, meaning that rents in King also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the southeastern parts of King while lower rent rates are often available in southern areas.
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