Western Addition 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 Western Addition is about $2,023 per month. This puts it in the 59th percentile compared to the city average cost of rent, which is $2,354. Households in Western Addition have a median income of $10,482 per month so the average renter in Western Addition is spending roughly 19% of their earnings on housing.
Nationally, and in Western Addition, home values are the data point most closely correlated with the cost of rent. The median price of a home in Western Addition is $1,148,805 right now, which is lower than nearby neighborhoods, meaning that rents in Western Addition also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southwestern parts of Western Addition while lower rent rates are often available in eastern areas.
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