Board Valley 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 Board Valley is about $827 per month. This puts it in the 70th percentile compared to the state average cost of rent, which is $1,035. Households in Board Valley have a median income of $5,148 per month so the average renter in Board Valley is spending roughly 16% of their earnings on housing.
Nationally, and in Board Valley, home values are the data point most closely correlated with the cost of rent. The median price of a home in Board Valley is $213,125 right now, which is higher than nearby cities, meaning that rents in Board Valley also tend to be higher versus these nearby cities.
Higher rent prices are common in the northern parts of Board Valley while lower rent rates are often available in eastern areas.
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