Burke Centre 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 Burke Centre is about $2,354 per month. This puts it in the 98th percentile compared to the state average cost of rent, which is $1,444. Households in Burke Centre have a median income of $12,707 per month so the average renter in Burke Centre is spending roughly 19% of their earnings on housing.
Nationally, and in Burke Centre, home values are the data point most closely correlated with the cost of rent. The median price of a home in Burke Centre is $508,374 right now, which is lower than nearby cities, meaning that rents in Burke Centre also tend to be lower versus these nearby cities.
Higher rent prices are common in the southeastern parts of Burke Centre while lower rent rates are often available in central areas.
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