Inwood 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 Inwood is about $1,444 per month. This puts it in the 44th percentile compared to the city average cost of rent, which is $1,818. Households in Inwood have a median income of $4,486 per month so the average renter in Inwood is spending roughly 32% of their earnings on housing.
Nationally, and in Inwood, home values are the data point most closely correlated with the cost of rent. The median price of a home in Inwood is $507,145 right now, which is higher than neighborhoods nearby, meaning that rents in Inwood also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the western parts of Inwood while lower rent rates are often available in southern areas.
Nearby Neighborhoods
- University Heights, Bronx, NY: less expensive rent prices
- Spuyten Duyvil, Bronx, NY: more expensive rent prices
- Kings Bridge, Bronx, NY: more expensive rent prices
- Morris Heights, Bronx, NY: less expensive rent prices
- Fordham, Bronx, NY: less expensive rent prices
- Washington Heights, New York, NY: more expensive rent prices
- Bedford Park, Bronx, NY: less expensive rent prices
- Tremont, Bronx, NY: less expensive rent prices
- Highbridge, Bronx, NY: less expensive rent prices
- Coytesville, Fort Lee, NJ: more expensive rent prices
Neighborhoods with Similar Populations
- El Rancho, Pico Rivera, CA: more expensive rent prices
- Lower Valley, El Paso, TX: less expensive rent prices
- Lone Mountain, Las Vegas, NV: more expensive rent prices
- Outer Sunset, San Francisco, CA: more expensive rent prices
- Central West Denver, Denver, CO: less expensive rent prices
- West Flagler, Miami, FL: more expensive rent prices
- El Sereno, Los Angeles, CA: less expensive rent prices
- Beverly Glen, Studio City, CA: more expensive rent prices
- Irving Park, Chicago, IL: less expensive rent prices
- Downtown Memphis, Memphis, TN: less expensive rent prices
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