Cedar Hill Lakes 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 Cedar Hill Lakes is about $1,029 per month. This puts it in the 92nd percentile compared to the state average cost of rent, which is $952. Households in Cedar Hill Lakes have a median income of $5,510 per month so the average renter in Cedar Hill Lakes is spending roughly 19% of their earnings on housing.
Nationally, and in Cedar Hill Lakes, home values are the data point most closely correlated with the cost of rent. The median price of a home in Cedar Hill Lakes is $154,386 right now, which is lower than nearby cities, meaning that rents in Cedar Hill Lakes also tend to be lower versus these nearby cities.
Higher rent prices are common in the southwestern parts of Cedar Hill Lakes while lower rent rates are often available in central areas.
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