West Alterra Parkway / West Martin Luther King Junior Boulevard, AZ

Neighborhood

Rent in West Alterra Parkway / West Martin Luther King Junior Boulevard

Median Gross Rent

$1,917

Rent-to-Income Ratio

51.0%

Renter Share

13.7%

Avg Household Size

3.2

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

3 Bedrooms: $1,791

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 0.0%
$1,000-$1,500: 13.6%
$1,500-$2,000: 38.9%
$2,000-$2,500: 35.1%
$2,500+: 4.4%
No Cash Rent: 7.9%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 17.1%
20-30% (moderate): 4.1%
30-50% (cost-burdened): 20.9%
50%+ (severely cost-burdened): 50.0%
Not Computed: 7.9%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $113,333

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 13.6%
$1,000-$1,500: 4.1%
$1,500-$2,000: 65.2%
$2,000-$2,500: 9.2%
$2,500+: 0.0%
No Cash Rent: 7.9%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in West Alterra Parkway / West Martin Luther King Junior Boulevard

Sorrento / Santa Rosa Springs

Villages at Rancho El Dorado