Etowah 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 Etowah is about $1,071 per month. This puts it in the 84th percentile compared to the state average cost of rent, which is $1,066. Households in Etowah have a median income of $6,760 per month so the average renter in Etowah is spending roughly 16% of their earnings on housing.
Nationally, and in Etowah, home values are the data point most closely correlated with the cost of rent. The median price of a home in Etowah is $259,857 right now, which is higher than nearby cities, meaning that rents in Etowah also tend to be higher versus these nearby cities.
Higher rent prices are common in the northwestern parts of Etowah while lower rent rates are often available in southern areas.
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