Pendleton Heights 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 Pendleton Heights is about $681 per month. This puts it in the 3rd percentile compared to the city average cost of rent, which is $1,160. Households in Pendleton Heights have a median income of $2,432 per month so the average renter in Pendleton Heights is spending roughly 28% of their earnings on housing.
Nationally, and in Pendleton Heights, home values are the data point most closely correlated with the cost of rent. The median price of a home in Pendleton Heights is $175,609 right now, which is higher than nearby neighborhoods, meaning that rents in Pendleton Heights also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the western parts of Pendleton Heights while lower rent rates are often available in southwestern areas.
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