Tobin Hill 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 Tobin Hill is about $1,341 per month. This puts it in the 64th percentile compared to the city average cost of rent, which is $1,264. Households in Tobin Hill have a median income of $5,337 per month so the average renter in Tobin Hill is spending roughly 25% of their earnings on housing.
Nationally, and in Tobin Hill, home values are the data point most closely correlated with the cost of rent. The median price of a home in Tobin Hill is $342,159 right now, which is higher than nearby neighborhoods, meaning that rents in Tobin Hill also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the eastern parts of Tobin Hill while lower rent rates are often available in western areas.
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