Cape Girardeau County 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 Cape Girardeau County is about $901 per month. This puts it in the 88th percentile compared to the state average cost of rent, which is $952. Households in Cape Girardeau County have a median income of $5,272 per month so the average renter in Cape Girardeau County is spending roughly 17% of their earnings on housing.
Nationally, and in Cape Girardeau County, home values are the data point most closely correlated with the cost of rent. The median price of a home in Cape Girardeau County is $171,535 right now, which is higher than nearby counties, meaning that rents in Cape Girardeau County also tend to be higher versus these nearby counties.
Higher rent prices are common in the northern parts of Cape Girardeau County while lower rent rates are often available in southeastern areas.
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