University Of Texas 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 Of Texas is about $1,057 per month. This puts it in the 34th percentile compared to the city average cost of rent, which is $1,561. Households in University Of Texas have a median income of $1,256 per month so the average renter in University Of Texas is spending roughly 84% of their earnings on housing.
Nationally, and in University Of Texas, home values are the data point most closely correlated with the cost of rent. The median price of a home in University Of Texas is $363,841 right now, which is lower than nearby neighborhoods, meaning that rents in University Of Texas also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the eastern parts of University Of Texas while lower rent rates are often available in central areas.
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