University Heights and Rosedale 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 University Heights and Rosedale Hills is about $958 per month. This puts it in the 58th percentile compared to the city average cost of rent, which is $1,116. Households in University Heights and Rosedale Hills have a median income of $4,259 per month so the average renter in University Heights and Rosedale Hills is spending roughly 23% of their earnings on housing.
Nationally, and in University Heights and Rosedale Hills, home values are the data point most closely correlated with the cost of rent. The median price of a home in University Heights and Rosedale Hills is $124,718 right now, which is lower than nearby neighborhoods, meaning that rents in University Heights and Rosedale Hills also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the central parts of University Heights and Rosedale Hills while lower rent rates are often available in southeastern areas.
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