Grisham 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 Grisham is about $625 per month. This puts it in the 28th percentile compared to the state average cost of rent, which is $952. Households in Grisham have a median income of $4,077 per month so the average renter in Grisham is spending roughly 15% of their earnings on housing.
Nationally, and in Grisham, home values are the data point most closely correlated with the cost of rent. The median price of a home in Grisham is $120,993 right now, which is lower than nearby cities, meaning that rents in Grisham also tend to be lower versus these nearby cities.
Higher rent prices are common in the central parts of Grisham while lower rent rates are often available in southwestern areas.
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