87506 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 87506 is about $970 per month. This puts it in the 80th percentile compared to the state average cost of rent, which is $961. Households in 87506 have a median income of $6,856 per month so the average renter in 87506 is spending roughly 14% of their earnings on housing.
Nationally, and in 87506, home values are the data point most closely correlated with the cost of rent. The median price of a home in 87506 is $453,970 right now, which is higher than nearby zip codes, meaning that rents in 87506 also tend to be higher versus these nearby zip codes.
Higher rent prices are common in the southern parts of 87506 while lower rent rates are often available in northern areas.
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