Mt Eden 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 Mt Eden is about $2,480 per month. This puts it in the 80th percentile compared to the city average cost of rent, which is $2,244. Households in Mt Eden have a median income of $8,633 per month so the average renter in Mt Eden is spending roughly 29% of their earnings on housing.
Nationally, and in Mt Eden, home values are the data point most closely correlated with the cost of rent. The median price of a home in Mt Eden is $708,765 right now, which is higher than nearby neighborhoods, meaning that rents in Mt Eden also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the southern parts of Mt Eden while lower rent rates are often available in northwestern areas.
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