South Kensington 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 Kensington is about $2,926 per month. This puts it in the 98th percentile compared to the state average cost of rent, which is $1,646. Households in South Kensington have a median income of $16,348 per month so the average renter in South Kensington is spending roughly 18% of their earnings on housing.
Nationally, and in South Kensington, home values are the data point most closely correlated with the cost of rent. The median price of a home in South Kensington is $802,204 right now, which is lower than nearby cities, meaning that rents in South Kensington also tend to be lower versus these nearby cities.
Higher rent prices are common in the eastern parts of South Kensington while lower rent rates are often available in northern areas.
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