Spencer View Terrace 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 Spencer View Terrace is about $1,092 per month. This puts it in the 38th percentile compared to the city average cost of rent, which is $1,216. Households in Spencer View Terrace have a median income of $4,158 per month so the average renter in Spencer View Terrace is spending roughly 26% of their earnings on housing.
Nationally, and in Spencer View Terrace, home values are the data point most closely correlated with the cost of rent. The median price of a home in Spencer View Terrace is $105,071 right now, which is lower than nearby neighborhoods, meaning that rents in Spencer View Terrace also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the central parts of Spencer View Terrace while lower rent rates are often available in southwestern areas.
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood