Gratitude 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 Gratitude is about $1,102 per month. This puts it in the 28th percentile compared to the state average cost of rent, which is $1,646. Households in Gratitude have a median income of $6,526 per month so the average renter in Gratitude is spending roughly 17% of their earnings on housing.
Nationally, and in Gratitude, home values are the data point most closely correlated with the cost of rent. The median price of a home in Gratitude is $267,900 right now, which is lower than nearby cities, meaning that rents in Gratitude also tend to be lower versus these nearby cities.
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