Gaines County 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 Gaines County is about $685 per month. This puts it in the 15th percentile compared to the state average cost of rent, which is $1,261. Households in Gaines County have a median income of $6,657 per month so the average renter in Gaines County is spending roughly 10% of their earnings on housing.
Nationally, and in Gaines County, home values are the data point most closely correlated with the cost of rent. The median price of a home in Gaines County is $168,608 right now, which is higher than nearby counties, meaning that rents in Gaines County also tend to be higher versus these nearby counties.
Higher rent prices are common in the western parts of Gaines County while lower rent rates are often available in southeastern areas.
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