Grimes 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 Grimes is about $1,076 per month. This puts it in the 29th percentile compared to the state average cost of rent, which is $1,958. Households in Grimes have a median income of $3,951 per month so the average renter in Grimes is spending roughly 27% of their earnings on housing.
Nationally, and in Grimes, home values are the data point most closely correlated with the cost of rent. The median price of a home in Grimes is $300,129 right now, which is lower than nearby cities, meaning that rents in Grimes also tend to be lower versus these nearby cities.
Higher rent prices are common in the central parts of Grimes while lower rent rates are often available in northeastern areas.
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