Boulder Junction 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 Boulder Junction is about $923 per month. This puts it in the 71st percentile compared to the state average cost of rent, which is $975. Households in Boulder Junction have a median income of $5,054 per month so the average renter in Boulder Junction is spending roughly 18% of their earnings on housing.
Nationally, and in Boulder Junction, home values are the data point most closely correlated with the cost of rent. The median price of a home in Boulder Junction is $325,610 right now, which is higher than nearby cities, meaning that rents in Boulder Junction also tend to be higher versus these nearby cities.
Higher rent prices are common in the southern parts of Boulder Junction while lower rent rates are often available in northern areas.
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