Southwestern Hills 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 Southwestern Hills is about $988 per month. This puts it in the 53rd percentile compared to the city average cost of rent, which is $1,036. Households in Southwestern Hills have a median income of $5,725 per month so the average renter in Southwestern Hills is spending roughly 17% of their earnings on housing.
Nationally, and in Southwestern Hills, home values are the data point most closely correlated with the cost of rent. The median price of a home in Southwestern Hills is $210,004 right now, which is higher than nearby neighborhoods, meaning that rents in Southwestern Hills also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the central parts of Southwestern Hills while lower rent rates are often available in southeastern areas.
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