Mahncke 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 Mahncke Park is about $1,033 per month. This puts it in the 31st percentile compared to the city average cost of rent, which is $1,264. Households in Mahncke Park have a median income of $7,084 per month so the average renter in Mahncke Park is spending roughly 15% of their earnings on housing.
Nationally, and in Mahncke Park, home values are the data point most closely correlated with the cost of rent. The median price of a home in Mahncke Park is $411,603 right now, which is higher than nearby neighborhoods, meaning that rents in Mahncke Park also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the northeastern parts of Mahncke Park while lower rent rates are often available in central areas.
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