Santa Cruz Southwest 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 Santa Cruz Southwest is about $984 per month. This puts it in the 20th percentile compared to the city average cost of rent, which is $1,162. Households in Santa Cruz Southwest have a median income of $3,495 per month so the average renter in Santa Cruz Southwest is spending roughly 28% of their earnings on housing.
Nationally, and in Santa Cruz Southwest, home values are the data point most closely correlated with the cost of rent. The median price of a home in Santa Cruz Southwest is $72,150 right now, which is lower than nearby neighborhoods, meaning that rents in Santa Cruz Southwest also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northeastern parts of Santa Cruz Southwest while lower rent rates are often available in southeastern areas.
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