Dawson Springs 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 Dawson Springs is about $526 per month. This puts it in the 12th percentile compared to the state average cost of rent, which is $856. Households in Dawson Springs have a median income of $3,195 per month so the average renter in Dawson Springs is spending roughly 16% of their earnings on housing.
Nationally, and in Dawson Springs, home values are the data point most closely correlated with the cost of rent. The median price of a home in Dawson Springs is $69,711 right now, which is lower than nearby cities, meaning that rents in Dawson Springs also tend to be lower versus these nearby cities.
Higher rent prices are common in the southeastern parts of Dawson Springs while lower rent rates are often available in northwestern areas.
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