Hamilton Area 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 Hamilton Area is about $1,274 per month. This puts it in the 26th percentile compared to the city average cost of rent, which is $1,675. Households in Hamilton Area have a median income of $5,708 per month so the average renter in Hamilton Area is spending roughly 22% of their earnings on housing.
Nationally, and in Hamilton Area, home values are the data point most closely correlated with the cost of rent. The median price of a home in Hamilton Area is $236,667 right now, which is higher than neighborhoods nearby, meaning that rents in Hamilton Area also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the western parts of Hamilton Area while lower rent rates are often available in northeastern areas.
Nearby Neighborhoods
- Cedonia, Baltimore, MD: less expensive rent prices
- Upper Northwood, Baltimore, MD: more expensive rent prices
- Hillendale, Parkville, MD: more expensive rent prices
- Lower Northwood, Baltimore, MD: more expensive rent prices
- Belair-Edison, Baltimore, MD: more expensive rent prices
- Govans, Baltimore, MD: less expensive rent prices
- Midway-Coldstream, Baltimore, MD: less expensive rent prices
- Loch Raven Manor, Towson, MD: more expensive rent prices
- Chinquapin Park-Belvedere, Baltimore, MD: more expensive rent prices
- Berea, Baltimore, MD: less expensive rent prices
Neighborhoods with Similar Populations
- Shelby Forest-Frayser, Memphis, TN: less expensive rent prices
- Almaden Valley, San Jose, CA: more expensive rent prices
- New Brighton, Staten Island, NY: more expensive rent prices
- Jamaica Plain, Boston, MA: more expensive rent prices
- Northside, Fort Worth, TX: less expensive rent prices
- Western Hills Fort Worth, Fort Worth, TX: less expensive rent prices
- Valley High-North Laguna, Sacramento, CA: more expensive rent prices
- West Omaha, Omaha, NE: more expensive rent prices
- The Hammocks, Miami, FL: more expensive rent prices
- Pico-Robertson, Los Angeles, CA: more expensive rent prices
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