Drakes Creek 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 Drakes Creek is about $533 per month. This puts it in the 14th percentile compared to the state average cost of rent, which is $847. Households in Drakes Creek have a median income of $2,713 per month so the average renter in Drakes Creek is spending roughly 20% of their earnings on housing.
Nationally, and in Drakes Creek, home values are the data point most closely correlated with the cost of rent. The median price of a home in Drakes Creek is $123,523 right now, which is lower than nearby cities, meaning that rents in Drakes Creek also tend to be lower versus these nearby cities.
Higher rent prices are common in the northern parts of Drakes Creek while lower rent rates are often available in central areas.
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