Francis Mills 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 Francis Mills is about $2,040 per month. This puts it in the 87th percentile compared to the state average cost of rent, which is $1,647. Households in Francis Mills have a median income of $13,113 per month so the average renter in Francis Mills is spending roughly 16% of their earnings on housing.
Nationally, and in Francis Mills, home values are the data point most closely correlated with the cost of rent. The median price of a home in Francis Mills is $446,100 right now, which is higher than nearby cities, meaning that rents in Francis Mills also tend to be higher versus these nearby cities.
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