East Otto 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 East Otto is about $747 per month. This puts it in the 20th percentile compared to the state average cost of rent, which is $1,514. Households in East Otto have a median income of $5,295 per month so the average renter in East Otto is spending roughly 14% of their earnings on housing.
Nationally, and in East Otto, home values are the data point most closely correlated with the cost of rent. The median price of a home in East Otto is $149,472 right now, which is higher than nearby cities, meaning that rents in East Otto also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of East Otto while lower rent rates are often available in southeastern areas.
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