Arrowhead 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 Arrowhead is about $1,306 per month. This puts it in the 13th percentile compared to the city average cost of rent, which is $1,324. Households in Arrowhead have a median income of $4,253 per month so the average renter in Arrowhead is spending roughly 31% of their earnings on housing.
Nationally, and in Arrowhead, home values are the data point most closely correlated with the cost of rent. The median price of a home in Arrowhead is $284,557 right now, which is lower than nearby neighborhoods, meaning that rents in Arrowhead also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the eastern parts of Arrowhead while lower rent rates are often available in western areas.
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