Mills Estates 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 Mills Estates is about $2,581 per month. This puts it in the 84th percentile compared to the city average cost of rent, which is $2,508. Households in Mills Estates have a median income of $14,839 per month so the average renter in Mills Estates is spending roughly 17% of their earnings on housing.
Nationally, and in Mills Estates, home values are the data point most closely correlated with the cost of rent. The median price of a home in Mills Estates is $1,869,902 right now, which is higher than nearby neighborhoods, meaning that rents in Mills Estates also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the western parts of Mills Estates while lower rent rates are often available in northeastern areas.
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