The Hammocks 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 The Hammocks is about $2,296 per month. This puts it in the 97th percentile compared to the state average cost of rent, which is $1,532. Households in The Hammocks have a median income of $6,398 per month so the average renter in The Hammocks is spending roughly 36% of their earnings on housing.
Nationally, and in The Hammocks, home values are the data point most closely correlated with the cost of rent. The median price of a home in The Hammocks is $379,108 right now, which is lower than cities nearby, meaning that rents in The Hammocks also tend to be lower versus these nearby cities.
Higher rent prices are common in the southeastern parts of The Hammocks while lower rent rates are often available in northeastern areas.
Nearby Cities
- Kendall West, FL: more expensive rent prices
- The Crossings, FL: less expensive rent prices
- Country Walk, FL: more expensive rent prices
- Kendale Lakes, FL: less expensive rent prices
- Three Lakes, FL: less expensive rent prices
- Richmond West, FL: less expensive rent prices
- Richmond Heights, FL: less expensive rent prices
- Kendall, FL: less expensive rent prices
- Westwood Lakes, FL: less expensive rent prices
- Olympia Heights, FL: less expensive rent prices
Cities with Similar Populations
- Cupertino, CA: more expensive rent prices
- Annapolis, MD: less expensive rent prices
- Pontiac, MI: less expensive rent prices
- South Whittier, CA: less expensive rent prices
- West Allis, WI: less expensive rent prices
- Huntersville, NC: less expensive rent prices
- East Elmhurst, NY: less expensive rent prices
- Levittown, PA: less expensive rent prices
- Hamden, CT: less expensive rent prices
- Skokie, IL: less expensive rent prices
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