Baldwin Harbor 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 Baldwin Harbor is about $2,281 per month. This puts it in the 96th percentile compared to the state average cost of rent, which is $1,514. Households in Baldwin Harbor have a median income of $10,647 per month so the average renter in Baldwin Harbor is spending roughly 21% of their earnings on housing.
Nationally, and in Baldwin Harbor, home values are the data point most closely correlated with the cost of rent. The median price of a home in Baldwin Harbor is $513,330 right now, which is lower than nearby cities, meaning that rents in Baldwin Harbor also tend to be lower versus these nearby cities.
Higher rent prices are common in the western parts of Baldwin Harbor while lower rent rates are often available in southeastern areas.
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