Elyria Swansea 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 Elyria Swansea is about $1,256 per month. This puts it in the 17th percentile compared to the city average cost of rent, which is $1,782. Households in Elyria Swansea have a median income of $4,193 per month so the average renter in Elyria Swansea is spending roughly 30% of their earnings on housing.
Nationally, and in Elyria Swansea, home values are the data point most closely correlated with the cost of rent. The median price of a home in Elyria Swansea is $309,614 right now, which is lower than nearby neighborhoods, meaning that rents in Elyria Swansea also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southeastern parts of Elyria Swansea while lower rent rates are often available in northwestern areas.
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