The Most and Least Expensive Areas to Rent in Gnaw Bone, IN

Gnaw Bone 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.

 

Gnaw Bone, IN of rent costs by neighborhood
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Rental Price Key

High-end
Mid-tier
Most affordable

On average, the cost of rent in Gnaw Bone is about $834 per month. This puts it in the 59th percentile compared to the state average cost of rent, which is $960. Households in Gnaw Bone have a median income of $5,825 per month so the average renter in Gnaw Bone is spending roughly 14% of their earnings on housing.

Nationally, and in Gnaw Bone, home values are the data point most closely correlated with the cost of rent. The median price of a home in Gnaw Bone is $220,159 right now, which is lower than nearby cities, meaning that rents in Gnaw Bone also tend to be lower versus these nearby cities.

Higher rent prices are common in the northwestern parts of Gnaw Bone while lower rent rates are often available in eastern areas.

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