Mid Wilshire 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
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Mid Wilshire is about $1,572 per month. This puts it in the 28th percentile compared to the city average cost of rent, which is $1,956. Households in Mid Wilshire have a median income of $4,677 per month so the average renter in Mid Wilshire is spending roughly 34% of their earnings on housing.
Nationally, and in Mid Wilshire, home values are the data point most closely correlated with the cost of rent. The median price of a home in Mid Wilshire is $1,094,949 right now, which is lower than neighborhoods nearby, meaning that rents in Mid Wilshire also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the western parts of Mid Wilshire while lower rent rates are often available in northeastern areas.
Nearby Neighborhoods
- Hollywood, Los Angeles, CA: less expensive rent prices
- Mid City, Los Angeles, CA: less expensive rent prices
- Westlake, Los Angeles, CA: less expensive rent prices
- Mid City West, Los Angeles, CA: more expensive rent prices
- Silver Lake, Los Angeles, CA: more expensive rent prices
- Los Feliz, Los Angeles, CA: more expensive rent prices
- Jefferson Park, Los Angeles, CA: less expensive rent prices
- Pico-Robertson, Los Angeles, CA: more expensive rent prices
- Hollywood Hills, Los Angeles, CA: more expensive rent prices
- South Park, Los Angeles, CA: more expensive rent prices
Neighborhoods with Similar Populations
- Upper East Side, New York, NY: more expensive rent prices
- North Mountain, Phoenix, AZ: less expensive rent prices
- Paradise Valley, Phoenix, AZ: more expensive rent prices
- Deer Valley, Phoenix, AZ: less expensive rent prices
- Washington Heights, New York, NY: less expensive rent prices
- Southeast Los Angeles, Los Angeles, CA: less expensive rent prices
- Far North Dallas, Dallas, TX: less expensive rent prices
- Bellaire, Houston, TX: less expensive rent prices
- Powers, Colorado Springs, CO: more expensive rent prices
- Upper West Side, New York, NY: more expensive rent prices
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