Flat Lick 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 Flat Lick is about $623 per month. This puts it in the 33rd percentile compared to the state average cost of rent, which is $856. Households in Flat Lick have a median income of $2,227 per month so the average renter in Flat Lick is spending roughly 28% of their earnings on housing.
Nationally, and in Flat Lick, home values are the data point most closely correlated with the cost of rent. The median price of a home in Flat Lick is $137,190 right now, which is higher than nearby cities, meaning that rents in Flat Lick also tend to be higher versus these nearby cities.
Higher rent prices are common in the northwestern parts of Flat Lick while lower rent rates are often available in southeastern areas.
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