North City Farms 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 North City Farms is about $1,274 per month. This puts it in the 11th percentile compared to the city average cost of rent, which is $1,641. Households in North City Farms have a median income of $5,020 per month so the average renter in North City Farms is spending roughly 25% of their earnings on housing.
Nationally, and in North City Farms, home values are the data point most closely correlated with the cost of rent. The median price of a home in North City Farms is $265,078 right now, which is lower than nearby neighborhoods, meaning that rents in North City Farms also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southwestern parts of North City Farms while lower rent rates are often available in northeastern areas.
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