Central City 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 the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Central City is about $1,291 per month. This puts it in the 11th percentile compared to the city average cost of rent, which is $1,956. Households in Central City have a median income of $3,372 per month so the average renter in Central City is spending roughly 38% of their earnings on housing.
Nationally, and in Central City, home values are the data point most closely correlated with the cost of rent. The median price of a home in Central City is $500,097 right now, which is lower than neighborhoods nearby, meaning that rents in Central City also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northeastern parts of Central City while lower rent rates are often available in northwestern areas.
Nearby Neighborhoods
- South Park, Los Angeles, CA: more expensive rent prices
- Downtown Los Angeles, Los Angeles, CA: more expensive rent prices
- Wholesale District-Skid Row, Los Angeles, CA: less expensive rent prices
- Central City East, Los Angeles, CA: less expensive rent prices
- New Downtown, Los Angeles, CA: more expensive rent prices
- Civic Center Little Tokyo, Los Angeles, CA: more expensive rent prices
- Westlake, Los Angeles, CA: less expensive rent prices
- South Los Angeles, Los Angeles, CA: more expensive rent prices
- Boyle Heights, Los Angeles, CA: less expensive rent prices
- Chinatown, Los Angeles, CA: more expensive rent prices
Neighborhoods with Similar Populations
- Centennial Hills, Las Vegas, NV: more expensive rent prices
- Raleigh, Memphis, TN: less expensive rent prices
- Yorkville, New York, NY: more expensive rent prices
- Canyon Country, Los Angeles, CA: more expensive rent prices
- Utica, Detroit, MI: less expensive rent prices
- Rogers Park, Chicago, IL: less expensive rent prices
- Williamsbridge, Bronx, NY: more expensive rent prices
- Humboldt Park, Chicago, IL: less expensive rent prices
- Edgewater, Chicago, IL: more expensive rent prices
- Catholic University-Brookland, Washington, DC: more expensive rent prices
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