Central Point 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 Central Point is about $834 per month. This puts it in the 46th percentile compared to the state average cost of rent, which is $1,444. Households in Central Point have a median income of $5,441 per month so the average renter in Central Point is spending roughly 15% of their earnings on housing.
Nationally, and in Central Point, home values are the data point most closely correlated with the cost of rent. The median price of a home in Central Point is $188,290 right now, which is higher than nearby cities, meaning that rents in Central Point also tend to be higher versus these nearby cities.
Higher rent prices are common in the southern parts of Central Point while lower rent rates are often available in central areas.
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