Walnut 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 Walnut Village is about $3,000 per month. This puts it in the 95th percentile compared to the city average cost of rent, which is $2,789. Households in Walnut Village have a median income of $12,462 per month so the average renter in Walnut Village is spending roughly 24% of their earnings on housing.
Nationally, and in Walnut Village, home values are the data point most closely correlated with the cost of rent. The median price of a home in Walnut Village is $844,762 right now, which is lower than nearby neighborhoods, meaning that rents in Walnut Village also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northern parts of Walnut Village while lower rent rates are often available in southwestern areas.
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