Upper Bal 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 Upper Bal is about $1,853 per month. This puts it in the 47th percentile compared to the city average cost of rent, which is $1,945. Households in Upper Bal have a median income of $6,585 per month so the average renter in Upper Bal is spending roughly 28% of their earnings on housing.
Nationally, and in Upper Bal, home values are the data point most closely correlated with the cost of rent. The median price of a home in Upper Bal is $576,351 right now, which is lower than nearby neighborhoods, meaning that rents in Upper Bal also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northern parts of Upper Bal while lower rent rates are often available in eastern areas.
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