Powderhorn Park 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 Powderhorn Park is about $1,125 per month. This puts it in the 32nd percentile compared to the city average cost of rent, which is $1,366. Households in Powderhorn Park have a median income of $5,308 per month so the average renter in Powderhorn Park is spending roughly 21% of their earnings on housing.
Nationally, and in Powderhorn Park, home values are the data point most closely correlated with the cost of rent. The median price of a home in Powderhorn Park is $252,304 right now, which is higher than nearby neighborhoods, meaning that rents in Powderhorn Park also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the northwestern parts of Powderhorn Park while lower rent rates are often available in southwestern areas.
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