Northeast Village 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 Northeast Village is about $1,930 per month. This puts it in the 52nd percentile compared to the city average cost of rent, which is $1,517. Households in Northeast Village have a median income of $9,414 per month so the average renter in Northeast Village is spending roughly 21% of their earnings on housing.
Nationally, and in Northeast Village, home values are the data point most closely correlated with the cost of rent. The median price of a home in Northeast Village is $478,492 right now, which is lower than nearby neighborhoods, meaning that rents in Northeast Village also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southeastern parts of Northeast Village while lower rent rates are often available in northwestern areas.
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