Sunny Slope 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 Sunny Slope is about $902 per month. This puts it in the 14th percentile compared to the city average cost of rent, which is $1,264. Households in Sunny Slope have a median income of $3,031 per month so the average renter in Sunny Slope is spending roughly 30% of their earnings on housing.
Nationally, and in Sunny Slope, home values are the data point most closely correlated with the cost of rent. The median price of a home in Sunny Slope is $87,235 right now, which is lower than nearby neighborhoods, meaning that rents in Sunny Slope also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northwestern parts of Sunny Slope while lower rent rates are often available in northern areas.
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