Somerset 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 Somerset is about $1,556 per month. This puts it in the 26th percentile compared to the city average cost of rent, which is $1,888. Households in Somerset have a median income of $4,427 per month so the average renter in Somerset is spending roughly 35% of their earnings on housing.
Nationally, and in Somerset, home values are the data point most closely correlated with the cost of rent. The median price of a home in Somerset is $750,512 right now, which is lower than neighborhoods nearby, meaning that rents in Somerset also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northwestern parts of Somerset while lower rent rates are often available in central areas.
Nearby Neighborhoods
- Citrus Grove, Glendale, CA: more expensive rent prices
- Mariposa, Glendale, CA: less expensive rent prices
- Adams Hill, Glendale, CA: more expensive rent prices
- Woodbury-Glendale, Glendale, CA: more expensive rent prices
- City Center, Glendale, CA: more expensive rent prices
- Glassell Park, Los Angeles, CA: more expensive rent prices
- Tropico, Glendale, CA: less expensive rent prices
- Pacific Edison, Glendale, CA: less expensive rent prices
- Rossmoyne, Glendale, CA: more expensive rent prices
- Eagle Rock, Los Angeles, CA: more expensive rent prices
Neighborhoods with Similar Populations
- West Southwest 2, Topeka, KS: less expensive rent prices
- Summit Hill, St. Paul, MN: less expensive rent prices
- Gresham-Northwest, Gresham, OR: less expensive rent prices
- El Rio, Oxnard, CA: more expensive rent prices
- The Oaks, Bakersfield, CA: less expensive rent prices
- Lindenwood, Howard Beach, NY: more expensive rent prices
- Old North Dayton, Dayton, OH: less expensive rent prices
- Airport Heights, Anchorage, AK: more expensive rent prices
- Glynlea-Grove Park, Jacksonville, FL: less expensive rent prices
- Whittenton, Taunton, MA: less expensive rent prices
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