Waverley Square 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 Waverley Square is about $2,021 per month. This puts it in the 71st percentile compared to the city average cost of rent, which is $2,215. Households in Waverley Square have a median income of $9,516 per month so the average renter in Waverley Square is spending roughly 21% of their earnings on housing.
Nationally, and in Waverley Square, home values are the data point most closely correlated with the cost of rent. The median price of a home in Waverley Square is $780,176 right now, which is higher than nearby neighborhoods, meaning that rents in Waverley Square also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the southwestern parts of Waverley Square while lower rent rates are often available in northeastern areas.
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