Van Mall 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 Van Mall is about $1,496 per month. This puts it in the 36th percentile compared to the city average cost of rent, which is $1,536. Households in Van Mall have a median income of $4,640 per month so the average renter in Van Mall is spending roughly 32% of their earnings on housing.
Nationally, and in Van Mall, home values are the data point most closely correlated with the cost of rent. The median price of a home in Van Mall is $289,832 right now, which is higher than nearby neighborhoods, meaning that rents in Van Mall also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the northern parts of Van Mall while lower rent rates are often available in eastern areas.
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