Victorian Village 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 Victorian Village is about $1,469 per month. This puts it in the 98th percentile compared to the city average cost of rent, which is $1,148. Households in Victorian Village have a median income of $7,461 per month so the average renter in Victorian Village is spending roughly 20% of their earnings on housing.
Nationally, and in Victorian Village, home values are the data point most closely correlated with the cost of rent. The median price of a home in Victorian Village is $368,745 right now, which is higher than nearby neighborhoods, meaning that rents in Victorian Village also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the southwestern parts of Victorian Village while lower rent rates are often available in northern areas.
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