Baltic 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 Baltic is about $972 per month. This puts it in the 93rd percentile compared to the state average cost of rent, which is $846. Households in Baltic have a median income of $7,596 per month so the average renter in Baltic is spending roughly 13% of their earnings on housing.
Nationally, and in Baltic, home values are the data point most closely correlated with the cost of rent. The median price of a home in Baltic is $240,681 right now, which is higher than nearby cities, meaning that rents in Baltic also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Baltic while lower rent rates are often available in western areas.
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