Balsora 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 Balsora is about $749 per month. This puts it in the 28th percentile compared to the state average cost of rent, which is $1,261. Households in Balsora have a median income of $7,630 per month so the average renter in Balsora is spending roughly 10% of their earnings on housing.
Nationally, and in Balsora, home values are the data point most closely correlated with the cost of rent. The median price of a home in Balsora is $208,191 right now, which is higher than nearby cities, meaning that rents in Balsora also tend to be higher versus these nearby cities.
Higher rent prices are common in the northern parts of Balsora while lower rent rates are often available in eastern areas.
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