Fall River 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 Fall River is about $1,073 per month. This puts it in the 89th percentile compared to the state average cost of rent, which is $975. Households in Fall River have a median income of $6,641 per month so the average renter in Fall River is spending roughly 16% of their earnings on housing.
Nationally, and in Fall River, home values are the data point most closely correlated with the cost of rent. The median price of a home in Fall River is $224,480 right now, which is lower than nearby cities, meaning that rents in Fall River also tend to be lower versus these nearby cities.
Higher rent prices are common in the southeastern parts of Fall River while lower rent rates are often available in northwestern areas.
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