Phillips West 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 Phillips West is about $849 per month. This puts it in the 8th percentile compared to the city average cost of rent, which is $1,366. Households in Phillips West have a median income of $2,433 per month so the average renter in Phillips West is spending roughly 35% of their earnings on housing.
Nationally, and in Phillips West, home values are the data point most closely correlated with the cost of rent. The median price of a home in Phillips West is $226,928 right now, which is lower than nearby neighborhoods, meaning that rents in Phillips West also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southeastern parts of Phillips West while lower rent rates are often available in northeastern areas.
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