Blue Mound 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 Blue Mound is about $1,298 per month. This puts it in the 89th percentile compared to the state average cost of rent, which is $1,261. Households in Blue Mound have a median income of $5,088 per month so the average renter in Blue Mound is spending roughly 26% of their earnings on housing.
Nationally, and in Blue Mound, home values are the data point most closely correlated with the cost of rent. The median price of a home in Blue Mound is $130,549 right now, which is lower than nearby cities, meaning that rents in Blue Mound also tend to be lower versus these nearby cities.
Higher rent prices are common in the northeastern parts of Blue Mound while lower rent rates are often available in central areas.
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