Mid City South 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 Mid City South is about $1,138 per month. This puts it in the 67th percentile compared to the city average cost of rent, which is $1,061. Households in Mid City South have a median income of $6,040 per month so the average renter in Mid City South is spending roughly 19% of their earnings on housing.
Nationally, and in Mid City South, home values are the data point most closely correlated with the cost of rent. The median price of a home in Mid City South is $350,835 right now, which is higher than nearby neighborhoods, meaning that rents in Mid City South also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the eastern parts of Mid City South while lower rent rates are often available in northern areas.
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