Fernan Lake Village 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 Fernan Lake Village is about $689 per month. This puts it in the 23rd percentile compared to the state average cost of rent, which is $1,024. Households in Fernan Lake Village have a median income of $4,606 per month so the average renter in Fernan Lake Village is spending roughly 15% of their earnings on housing.
Nationally, and in Fernan Lake Village, home values are the data point most closely correlated with the cost of rent. The median price of a home in Fernan Lake Village is $487,437 right now, which is higher than nearby cities, meaning that rents in Fernan Lake Village also tend to be higher versus these nearby cities.
Higher rent prices are common in the southeastern parts of Fernan Lake Village while lower rent rates are often available in eastern areas.
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood