Bonhamtown 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 Bonhamtown is about $1,885 per month. This puts it in the 83rd percentile compared to the city average cost of rent, which is $1,814. Households in Bonhamtown have a median income of $14,395 per month so the average renter in Bonhamtown is spending roughly 13% of their earnings on housing.
Nationally, and in Bonhamtown, home values are the data point most closely correlated with the cost of rent. The median price of a home in Bonhamtown is $406,264 right now, which is lower than nearby neighborhoods, meaning that rents in Bonhamtown also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northeastern parts of Bonhamtown while lower rent rates are often available in northwestern areas.
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