Wall Street 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 Wall Street is about $770 per month. This puts it in the 64th percentile compared to the state average cost of rent, which is $952. Households in Wall Street have a median income of $4,638 per month so the average renter in Wall Street is spending roughly 17% of their earnings on housing.
Nationally, and in Wall Street, home values are the data point most closely correlated with the cost of rent. The median price of a home in Wall Street is $160,271 right now, which is higher than nearby cities, meaning that rents in Wall Street also tend to be higher versus these nearby cities.
Higher rent prices are common in the southeastern parts of Wall Street while lower rent rates are often available in central areas.
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