Rancho Viejo 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 Rancho Viejo is about $1,112 per month. This puts it in the 80th percentile compared to the state average cost of rent, which is $1,261. Households in Rancho Viejo have a median income of $7,197 per month so the average renter in Rancho Viejo is spending roughly 15% of their earnings on housing.
Nationally, and in Rancho Viejo, home values are the data point most closely correlated with the cost of rent. The median price of a home in Rancho Viejo is $218,259 right now, which is higher than nearby cities, meaning that rents in Rancho Viejo also tend to be higher versus these nearby cities.
Higher rent prices are common in the northern parts of Rancho Viejo while lower rent rates are often available in southeastern areas.
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