The Gate District 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 The Gate District is about $734 per month. This puts it in the 7th percentile compared to the city average cost of rent, which is $1,077. Households in The Gate District have a median income of $5,627 per month so the average renter in The Gate District is spending roughly 13% of their earnings on housing.
Nationally, and in The Gate District, home values are the data point most closely correlated with the cost of rent. The median price of a home in The Gate District is $238,782 right now, which is lower than nearby neighborhoods, meaning that rents in The Gate District also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northern parts of The Gate District while lower rent rates are often available in southeastern areas.
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