Londontowne 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 Londontowne is about $2,238 per month. This puts it in the 95th percentile compared to the city average cost of rent, which is $2,023. Households in Londontowne have a median income of $8,909 per month so the average renter in Londontowne is spending roughly 25% of their earnings on housing.
Nationally, and in Londontowne, home values are the data point most closely correlated with the cost of rent. The median price of a home in Londontowne is $375,349 right now, which is lower than nearby neighborhoods, meaning that rents in Londontowne also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northern parts of Londontowne while lower rent rates are often available in northwestern areas.
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