Larkfield-Wikiup 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 Larkfield-Wikiup is about $1,885 per month. This puts it in the 48th percentile compared to the city average cost of rent, which is $2,023. Households in Larkfield-Wikiup have a median income of $9,359 per month so the average renter in Larkfield-Wikiup is spending roughly 20% of their earnings on housing.
Nationally, and in Larkfield-Wikiup, home values are the data point most closely correlated with the cost of rent. The median price of a home in Larkfield-Wikiup is $856,908 right now, which is higher than nearby neighborhoods, meaning that rents in Larkfield-Wikiup also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the northwestern parts of Larkfield-Wikiup while lower rent rates are often available in southern areas.
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