Four Towns 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 Towns is about $956 per month. This puts it in the 75th percentile compared to the state average cost of rent, which is $1,036. Households in Four Towns have a median income of $5,253 per month so the average renter in Four Towns is spending roughly 18% of their earnings on housing.
Nationally, and in Four Towns, home values are the data point most closely correlated with the cost of rent. The median price of a home in Four Towns is $215,625 right now, which is lower than nearby cities, meaning that rents in Four Towns also tend to be lower versus these nearby cities.
Higher rent prices are common in the northwestern parts of Four Towns while lower rent rates are often available in eastern areas.
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