South Arroyo 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 South Arroyo is about $2,542 per month. This puts it in the 82nd percentile compared to the city average cost of rent, which is $1,989. Households in South Arroyo have a median income of $12,244 per month so the average renter in South Arroyo is spending roughly 21% of their earnings on housing.
Nationally, and in South Arroyo, home values are the data point most closely correlated with the cost of rent. The median price of a home in South Arroyo is $1,250,266 right now, which is higher than nearby neighborhoods, meaning that rents in South Arroyo also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the southern parts of South Arroyo while lower rent rates are often available in southwestern areas.
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