Spice Tract 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 Spice Tract is about $1,269 per month. This puts it in the 11th percentile compared to the city average cost of rent, which is $1,252. Households in Spice Tract have a median income of $4,397 per month so the average renter in Spice Tract is spending roughly 29% of their earnings on housing.
Nationally, and in Spice Tract, home values are the data point most closely correlated with the cost of rent. The median price of a home in Spice Tract is $200,833 right now, which is lower than nearby neighborhoods, meaning that rents in Spice Tract also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the central parts of Spice Tract while lower rent rates are often available in southwestern areas.
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