Reseda 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 Reseda is about $1,777 per month. This puts it in the 71st percentile compared to the state average cost of rent, which is $1,958. Households in Reseda have a median income of $5,971 per month so the average renter in Reseda is spending roughly 30% of their earnings on housing.
Nationally, and in Reseda, home values are the data point most closely correlated with the cost of rent. The median price of a home in Reseda is $561,803 right now, which is lower than nearby cities, meaning that rents in Reseda also tend to be lower versus these nearby cities.
Higher rent prices are common in the northeastern parts of Reseda while lower rent rates are often available in eastern areas.
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