Smith Dairy West 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 Smith Dairy West is about $2,035 per month. This puts it in the 92nd percentile compared to the city average cost of rent, which is $1,643. Households in Smith Dairy West have a median income of $6,561 per month so the average renter in Smith Dairy West is spending roughly 31% of their earnings on housing.
Nationally, and in Smith Dairy West, home values are the data point most closely correlated with the cost of rent. The median price of a home in Smith Dairy West is $399,242 right now, which is higher than nearby neighborhoods, meaning that rents in Smith Dairy West also tend to be higher versus these nearby neighborhoods.
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