Park Shore 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 Park Shore is about $1,423 per month. This puts it in the 58th percentile compared to the city average cost of rent, which is $1,729. Households in Park Shore have a median income of $16,338 per month so the average renter in Park Shore is spending roughly 9% of their earnings on housing.
Nationally, and in Park Shore, home values are the data point most closely correlated with the cost of rent. The median price of a home in Park Shore is $1,442,659 right now, which is higher than nearby neighborhoods, meaning that rents in Park Shore also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the southwestern parts of Park Shore while lower rent rates are often available in southeastern areas.
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