Buffalo 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 Buffalo Junction is about $583 per month. This puts it in the 8th percentile compared to the state average cost of rent, which is $1,444. Households in Buffalo Junction have a median income of $4,279 per month so the average renter in Buffalo Junction is spending roughly 14% of their earnings on housing.
Nationally, and in Buffalo Junction, home values are the data point most closely correlated with the cost of rent. The median price of a home in Buffalo Junction is $191,970 right now, which is higher than nearby cities, meaning that rents in Buffalo Junction also tend to be higher versus these nearby cities.
Higher rent prices are common in the northeastern parts of Buffalo Junction while lower rent rates are often available in central areas.
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