Eagle Lake 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 Eagle Lake is about $570 per month. This puts it in the 10th percentile compared to the state average cost of rent, which is $1,013. Households in Eagle Lake have a median income of $3,366 per month so the average renter in Eagle Lake is spending roughly 17% of their earnings on housing.
Nationally, and in Eagle Lake, home values are the data point most closely correlated with the cost of rent. The median price of a home in Eagle Lake is $116,266 right now, which is lower than nearby cities, meaning that rents in Eagle Lake also tend to be lower versus these nearby cities.
Higher rent prices are common in the southeastern parts of Eagle Lake while lower rent rates are often available in central areas.
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