Black Mountain Ranch 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 Black Mountain Ranch is about $2,826 per month. This puts it in the 92nd percentile compared to the city average cost of rent, which is $2,110. Households in Black Mountain Ranch have a median income of $15,597 per month so the average renter in Black Mountain Ranch is spending roughly 18% of their earnings on housing.
Nationally, and in Black Mountain Ranch, home values are the data point most closely correlated with the cost of rent. The median price of a home in Black Mountain Ranch is $1,166,968 right now, which is higher than nearby neighborhoods, meaning that rents in Black Mountain Ranch also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the southwestern parts of Black Mountain Ranch while lower rent rates are often available in eastern areas.
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