Cromwell 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 Cromwell is about $1,272 per month. This puts it in the 43rd percentile compared to the state average cost of rent, which is $1,523. Households in Cromwell have a median income of $8,304 per month so the average renter in Cromwell is spending roughly 15% of their earnings on housing.
Nationally, and in Cromwell, home values are the data point most closely correlated with the cost of rent. The median price of a home in Cromwell is $275,578 right now, which is lower than nearby cities, meaning that rents in Cromwell also tend to be lower versus these nearby cities.
Higher rent prices are common in the southwestern parts of Cromwell while lower rent rates are often available in northern areas.
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