Elm 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 Elm Creek is about $755 per month. This puts it in the 58th percentile compared to the state average cost of rent, which is $929. Households in Elm Creek have a median income of $6,131 per month so the average renter in Elm Creek is spending roughly 12% of their earnings on housing.
Nationally, and in Elm Creek, home values are the data point most closely correlated with the cost of rent. The median price of a home in Elm Creek is $162,943 right now, which is lower than nearby cities, meaning that rents in Elm Creek also tend to be lower versus these nearby cities.
Higher rent prices are common in the southeastern parts of Elm Creek while lower rent rates are often available in southwestern areas.
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