Vale and Eastern Avenue 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 Vale and Eastern Avenue is about $1,031 per month. This puts it in the 28th percentile compared to the city average cost of rent, which is $1,161. Households in Vale and Eastern Avenue have a median income of $3,377 per month so the average renter in Vale and Eastern Avenue is spending roughly 31% of their earnings on housing.
Nationally, and in Vale and Eastern Avenue, home values are the data point most closely correlated with the cost of rent. The median price of a home in Vale and Eastern Avenue is $131,566 right now, which is lower than nearby neighborhoods, meaning that rents in Vale and Eastern Avenue also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southeastern parts of Vale and Eastern Avenue while lower rent rates are often available in southwestern areas.
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