74047 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 74047 is about $923 per month. This puts it in the 84th percentile compared to the state average cost of rent, which is $917. Households in 74047 have a median income of $5,890 per month so the average renter in 74047 is spending roughly 16% of their earnings on housing.
Nationally, and in 74047, home values are the data point most closely correlated with the cost of rent. The median price of a home in 74047 is $165,455 right now, which is higher than nearby zip codes, meaning that rents in 74047 also tend to be higher versus these nearby zip codes.
Higher rent prices are common in the northeastern parts of 74047 while lower rent rates are often available in northwestern areas.
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