London Historic District 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 London Historic District is about $695 per month. This puts it in the 13th percentile compared to the city average cost of rent, which is $842. Households in London Historic District have a median income of $5,389 per month so the average renter in London Historic District is spending roughly 13% of their earnings on housing.
Nationally, and in London Historic District, home values are the data point most closely correlated with the cost of rent. The median price of a home in London Historic District is $142,397 right now, which is lower than nearby neighborhoods, meaning that rents in London Historic District also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northwestern parts of London Historic District while lower rent rates are often available in northeastern areas.
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