Virginia Ave 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 Virginia Ave is about $842 per month. This puts it in the 26th percentile compared to the city average cost of rent, which is $1,104. Households in Virginia Ave have a median income of $1,606 per month so the average renter in Virginia Ave is spending roughly 52% of their earnings on housing.
Nationally, and in Virginia Ave, home values are the data point most closely correlated with the cost of rent. The median price of a home in Virginia Ave is $157,713 right now, which is lower than nearby neighborhoods, meaning that rents in Virginia Ave also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northern parts of Virginia Ave while lower rent rates are often available in eastern areas.
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