Olde Providence North 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 Olde Providence North is about $1,523 per month. This puts it in the 80th percentile compared to the city average cost of rent, which is $1,271. Households in Olde Providence North have a median income of $10,686 per month so the average renter in Olde Providence North is spending roughly 14% of their earnings on housing.
Nationally, and in Olde Providence North, home values are the data point most closely correlated with the cost of rent. The median price of a home in Olde Providence North is $518,842 right now, which is higher than nearby neighborhoods, meaning that rents in Olde Providence North also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the eastern parts of Olde Providence North while lower rent rates are often available in northern areas.
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