Genesee 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 Genesee is about $1,003 per month. This puts it in the 82nd percentile compared to the state average cost of rent, which is $975. Households in Genesee have a median income of $9,675 per month so the average renter in Genesee is spending roughly 10% of their earnings on housing.
Nationally, and in Genesee, home values are the data point most closely correlated with the cost of rent. The median price of a home in Genesee is $359,370 right now, which is higher than nearby cities, meaning that rents in Genesee also tend to be higher versus these nearby cities.
Higher rent prices are common in the eastern parts of Genesee while lower rent rates are often available in southwestern areas.
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