Stratmoor 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 Stratmoor Hills is about $893 per month. This puts it in the 3rd percentile compared to the city average cost of rent, which is $1,211. Households in Stratmoor Hills have a median income of $4,649 per month so the average renter in Stratmoor Hills is spending roughly 19% of their earnings on housing.
Nationally, and in Stratmoor Hills, home values are the data point most closely correlated with the cost of rent. The median price of a home in Stratmoor Hills is $222,486 right now, which is lower than nearby neighborhoods, meaning that rents in Stratmoor Hills also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southeastern parts of Stratmoor Hills while lower rent rates are often available in central areas.
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