To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Efficiency Apartments by bedroom type below.
1 Bedroom
Suggested income:
$28,100
per year
3 Bedroom
Suggested income:
$36,200
per year
Rent report
Efficiency Apartments Rent vs. Alton Average
Efficiency Apartments
Alton Average
1BR
$780
$924
$0
$350
$700
$1,050
$1,400
3BR
$1,005
$1,181
$0
$400
$800
$1,200
$1,600
Efficiency Apartments is asking 16%
less than the average 1 bedroom apartment in
Alton.
If you upsized to an average priced Alton 2 bedroom apartment, you would pay
13% more per month.
If you downsized to an average priced Alton studio apartment,
you would pay 21% less per month.
Efficiency Apartments provides 26%
less square footage than the average
Alton 1 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
Efficiency Apartments
1BR
$780
$1.70
$2,340
3BR
$1,005
$1.00
$3,015
Alton Average
Studio
$765
$1.70
$2,295
1BR
$924
$1.50
$2,771
2BR
$1,058
$1.30
$3,174
3BR
$1,181
$1.00
$3,543
Availability in Alton
In order to find the best deal, you need to know what types of units are available. Property managers may be willing to
give concessions if they have many vacant units.
There are currently 22 1BR
units on the market in Alton. If you're looking to negotiate, this may be your best option.