Lakeside-Lester Park 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 Lakeside-Lester Park is about $1,328 per month. This puts it in the 66th percentile compared to the city average cost of rent, which is $1,117. Households in Lakeside-Lester Park have a median income of $7,243 per month so the average renter in Lakeside-Lester Park is spending roughly 18% of their earnings on housing.
Nationally, and in Lakeside-Lester Park, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lakeside-Lester Park is $211,272 right now, which is lower than nearby neighborhoods, meaning that rents in Lakeside-Lester Park also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southwestern parts of Lakeside-Lester Park while lower rent rates are often available in eastern areas.
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