The Most and Least Expensive Areas to Rent in St. Joseph Historic Neighborhood, Indianapolis, IN

St. Joseph Historic Neighborhood 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.

 

St. Joseph Historic Neighborhood, Indianapolis, IN of rent costs by neighborhood
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On average, the cost of rent in St. Joseph Historic Neighborhood is about $1,255 per month. This puts it in the 91st percentile compared to the city average cost of rent, which is $1,116. Households in St. Joseph Historic Neighborhood have a median income of $6,388 per month so the average renter in St. Joseph Historic Neighborhood is spending roughly 20% of their earnings on housing.

Nationally, and in St. Joseph Historic Neighborhood, home values are the data point most closely correlated with the cost of rent. The median price of a home in St. Joseph Historic Neighborhood is $383,978 right now, which is lower than nearby neighborhoods, meaning that rents in St. Joseph Historic Neighborhood also tend to be lower versus these nearby neighborhoods.

Higher rent prices are common in the central parts of St. Joseph Historic Neighborhood while lower rent rates are often available in eastern areas.

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