Bear Mountain 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 Bear Mountain is about $2,188 per month. This puts it in the 95th percentile compared to the state average cost of rent, which is $1,514. Households in Bear Mountain have a median income of $10,525 per month so the average renter in Bear Mountain is spending roughly 21% of their earnings on housing.
Nationally, and in Bear Mountain, home values are the data point most closely correlated with the cost of rent. The median price of a home in Bear Mountain is $478,196 right now, which is higher than nearby cities, meaning that rents in Bear Mountain also tend to be higher versus these nearby cities.
Higher rent prices are common in the southwestern parts of Bear Mountain while lower rent rates are often available in eastern areas.
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