Grand Canyon 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 Grand Canyon is about $741 per month. This puts it in the 42nd percentile compared to the state average cost of rent, which is $1,296. Households in Grand Canyon have a median income of $3,736 per month so the average renter in Grand Canyon is spending roughly 20% of their earnings on housing.
Nationally, and in Grand Canyon, home values are the data point most closely correlated with the cost of rent. The median price of a home in Grand Canyon is $168,001 right now, which is higher than nearby cities, meaning that rents in Grand Canyon also tend to be higher versus these nearby cities.
Higher rent prices are common in the northeastern parts of Grand Canyon while lower rent rates are often available in northern areas.
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