Lake Barcroft 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 Lake Barcroft is about $2,523 per month. This puts it in the 92nd percentile compared to the city average cost of rent, which is $2,166. Households in Lake Barcroft have a median income of $12,697 per month so the average renter in Lake Barcroft is spending roughly 20% of their earnings on housing.
Nationally, and in Lake Barcroft, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lake Barcroft is $640,461 right now, which is higher than nearby neighborhoods, meaning that rents in Lake Barcroft also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the central parts of Lake Barcroft while lower rent rates are often available in northeastern areas.
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