Beverly Shores 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 Beverly Shores is about $1,222 per month. This puts it in the 96th percentile compared to the state average cost of rent, which is $960. Households in Beverly Shores have a median income of $7,866 per month so the average renter in Beverly Shores is spending roughly 16% of their earnings on housing.
Nationally, and in Beverly Shores, home values are the data point most closely correlated with the cost of rent. The median price of a home in Beverly Shores is $412,971 right now, which is higher than nearby cities, meaning that rents in Beverly Shores also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Beverly Shores while lower rent rates are often available in southeastern areas.
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