Coves North 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 Coves North is about $1,204 per month. This puts it in the 89th percentile compared to the city average cost of rent, which is $1,160. Households in Coves North have a median income of $6,287 per month so the average renter in Coves North is spending roughly 19% of their earnings on housing.
Nationally, and in Coves North, home values are the data point most closely correlated with the cost of rent. The median price of a home in Coves North is $203,568 right now, which is lower than nearby neighborhoods, meaning that rents in Coves North also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northwestern parts of Coves North while lower rent rates are often available in southern areas.
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