51011 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 dark green areas.
On average, the cost of rent in 51011 is about $681 per month. This puts it in the 35th percentile compared to the state average cost of rent, which is $884. Households in 51011 have a median income of $7,458 per month so the average renter in 51011 is spending roughly 9% of their earnings on housing.
Nationally, and in 51011, home values are the data point most closely correlated with the cost of rent. The median price of a home in 51011 is $187,200 right now, which is higher than nearby zip codes, meaning that rents in 51011 also tend to be higher versus these nearby zip codes.
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