South Collinwood 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 Collinwood is about $855 per month. This puts it in the 57th percentile compared to the city average cost of rent, which is $1,047. Households in South Collinwood have a median income of $2,182 per month so the average renter in South Collinwood is spending roughly 39% of their earnings on housing.
Nationally, and in South Collinwood, home values are the data point most closely correlated with the cost of rent. The median price of a home in South Collinwood is $50,582 right now, which is lower than nearby neighborhoods, meaning that rents in South Collinwood also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southwestern parts of South Collinwood while lower rent rates are often available in southern areas.
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