University Medical Center 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 Medical Center is about $1,132 per month. This puts it in the 17th percentile compared to the city average cost of rent, which is $1,456. Households in University Medical Center have a median income of $3,521 per month so the average renter in University Medical Center is spending roughly 32% of their earnings on housing.
Nationally, and in University Medical Center, home values are the data point most closely correlated with the cost of rent. The median price of a home in University Medical Center is $242,430 right now, which is higher than nearby neighborhoods, meaning that rents in University Medical Center also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the western parts of University Medical Center while lower rent rates are often available in northern areas.
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