Covode 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 Covode is about $767 per month. This puts it in the 38th percentile compared to the state average cost of rent, which is $1,115. Households in Covode have a median income of $4,340 per month so the average renter in Covode is spending roughly 18% of their earnings on housing.
Nationally, and in Covode, home values are the data point most closely correlated with the cost of rent. The median price of a home in Covode is $137,650 right now, which is higher than nearby cities, meaning that rents in Covode also tend to be higher versus these nearby cities.
Higher rent prices are common in the northeastern parts of Covode while lower rent rates are often available in eastern areas.
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