Four Mile 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 Four Mile is about $760 per month. This puts it in the 65th percentile compared to the state average cost of rent, which is $877. Households in Four Mile have a median income of $3,664 per month so the average renter in Four Mile is spending roughly 21% of their earnings on housing.
Nationally, and in Four Mile, home values are the data point most closely correlated with the cost of rent. The median price of a home in Four Mile is $73,777 right now, which is lower than nearby cities, meaning that rents in Four Mile also tend to be lower versus these nearby cities.
Higher rent prices are common in the central parts of Four Mile while lower rent rates are often available in northeastern areas.
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