Cotton Valley 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 Cotton Valley is about $399 per month. This puts it in the 1st percentile compared to the state average cost of rent, which is $991. Households in Cotton Valley have a median income of $2,599 per month so the average renter in Cotton Valley is spending roughly 15% of their earnings on housing.
Nationally, and in Cotton Valley, home values are the data point most closely correlated with the cost of rent. The median price of a home in Cotton Valley is $68,114 right now, which is lower than nearby cities, meaning that rents in Cotton Valley also tend to be lower versus these nearby cities.
Higher rent prices are common in the northwestern parts of Cotton Valley while lower rent rates are often available in central areas.
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