Echo 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 Echo is about $646 per month. This puts it in the 39th percentile compared to the state average cost of rent, which is $781. Households in Echo have a median income of $4,481 per month so the average renter in Echo is spending roughly 14% of their earnings on housing.
Nationally, and in Echo, home values are the data point most closely correlated with the cost of rent. The median price of a home in Echo is $112,760 right now, which is higher than nearby cities, meaning that rents in Echo also tend to be higher versus these nearby cities.
Higher rent prices are common in the northern parts of Echo while lower rent rates are often available in southeastern areas.
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