Brandon 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 Brandon is about $924 per month. This puts it in the 91st percentile compared to the state average cost of rent, which is $846. Households in Brandon have a median income of $8,529 per month so the average renter in Brandon is spending roughly 11% of their earnings on housing.
Nationally, and in Brandon, home values are the data point most closely correlated with the cost of rent. The median price of a home in Brandon is $282,442 right now, which is higher than nearby cities, meaning that rents in Brandon also tend to be higher versus these nearby cities.
Higher rent prices are common in the northwestern parts of Brandon while lower rent rates are often available in southern areas.
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