University North 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 North is about $979 per month. This puts it in the 6th percentile compared to the city average cost of rent, which is $1,512. Households in University North have a median income of $1,951 per month so the average renter in University North is spending roughly 50% of their earnings on housing.
Nationally, and in University North, home values are the data point most closely correlated with the cost of rent. The median price of a home in University North is $40,882 right now, which is lower than nearby neighborhoods, meaning that rents in University North also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northeastern parts of University North while lower rent rates are often available in southern areas.
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