San Luis Rey 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 San Luis Rey is about $2,008 per month. This puts it in the 58th percentile compared to the city average cost of rent, which is $2,234. Households in San Luis Rey have a median income of $5,652 per month so the average renter in San Luis Rey is spending roughly 36% of their earnings on housing.
Nationally, and in San Luis Rey, home values are the data point most closely correlated with the cost of rent. The median price of a home in San Luis Rey is $431,269 right now, which is lower than nearby neighborhoods, meaning that rents in San Luis Rey also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the eastern parts of San Luis Rey while lower rent rates are often available in western areas.
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