Davis City 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 Davis City is about $733 per month. This puts it in the 52nd percentile compared to the state average cost of rent, which is $884. Households in Davis City have a median income of $4,342 per month so the average renter in Davis City is spending roughly 17% of their earnings on housing.
Nationally, and in Davis City, home values are the data point most closely correlated with the cost of rent. The median price of a home in Davis City is $75,400 right now, which is lower than nearby cities, meaning that rents in Davis City also tend to be lower versus these nearby cities.
Higher rent prices are common in the northwestern parts of Davis City while lower rent rates are often available in central areas.
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