Downsville 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 Downsville is about $848 per month. This puts it in the 67th percentile compared to the state average cost of rent, which is $991. Households in Downsville have a median income of $6,207 per month so the average renter in Downsville is spending roughly 14% of their earnings on housing.
Nationally, and in Downsville, home values are the data point most closely correlated with the cost of rent. The median price of a home in Downsville is $156,169 right now, which is lower than nearby cities, meaning that rents in Downsville also tend to be lower versus these nearby cities.
Higher rent prices are common in the eastern parts of Downsville while lower rent rates are often available in northwestern areas.
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