River Oaks 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 River Oaks is about $1,187 per month. This puts it in the 85th percentile compared to the state average cost of rent, which is $1,261. Households in River Oaks have a median income of $5,296 per month so the average renter in River Oaks is spending roughly 22% of their earnings on housing.
Nationally, and in River Oaks, home values are the data point most closely correlated with the cost of rent. The median price of a home in River Oaks is $161,455 right now, which is lower than nearby cities, meaning that rents in River Oaks also tend to be lower versus these nearby cities.
Higher rent prices are common in the southwestern parts of River Oaks while lower rent rates are often available in northeastern areas.
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