Gap 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 Gap Mills is about $783 per month. This puts it in the 75th percentile compared to the state average cost of rent, which is $781. Households in Gap Mills have a median income of $4,708 per month so the average renter in Gap Mills is spending roughly 17% of their earnings on housing.
Nationally, and in Gap Mills, home values are the data point most closely correlated with the cost of rent. The median price of a home in Gap Mills is $144,777 right now, which is higher than nearby cities, meaning that rents in Gap Mills also tend to be higher versus these nearby cities.
Higher rent prices are common in the eastern parts of Gap Mills while lower rent rates are often available in southeastern areas.
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