Chilo 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 Chilo is about $638 per month. This puts it in the 11th percentile compared to the state average cost of rent, which is $964. Households in Chilo have a median income of $3,294 per month so the average renter in Chilo is spending roughly 19% of their earnings on housing.
Nationally, and in Chilo, home values are the data point most closely correlated with the cost of rent. The median price of a home in Chilo is $241,700 right now, which is higher than nearby cities, meaning that rents in Chilo also tend to be higher versus these nearby cities.
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