Colrain 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 Colrain is about $987 per month. This puts it in the 15th percentile compared to the state average cost of rent, which is $1,522. Households in Colrain have a median income of $5,696 per month so the average renter in Colrain is spending roughly 17% of their earnings on housing.
Nationally, and in Colrain, home values are the data point most closely correlated with the cost of rent. The median price of a home in Colrain is $232,729 right now, which is lower than nearby cities, meaning that rents in Colrain also tend to be lower versus these nearby cities.
Higher rent prices are common in the southeastern parts of Colrain while lower rent rates are often available in southwestern areas.
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