Crescent Lake 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 Crescent Lake is about $680 per month. This puts it in the 10th percentile compared to the state average cost of rent, which is $1,284. Households in Crescent Lake have a median income of $9,796 per month so the average renter in Crescent Lake is spending roughly 7% of their earnings on housing.
Nationally, and in Crescent Lake, home values are the data point most closely correlated with the cost of rent. The median price of a home in Crescent Lake is $270,300 right now, which is higher than nearby cities, meaning that rents in Crescent Lake also tend to be higher versus these nearby cities.
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