Harbor Springs 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 Harbor Springs is about $1,012 per month. This puts it in the 82nd percentile compared to the state average cost of rent, which is $1,036. Households in Harbor Springs have a median income of $6,067 per month so the average renter in Harbor Springs is spending roughly 17% of their earnings on housing.
Nationally, and in Harbor Springs, home values are the data point most closely correlated with the cost of rent. The median price of a home in Harbor Springs is $274,269 right now, which is higher than nearby cities, meaning that rents in Harbor Springs also tend to be higher versus these nearby cities.
Higher rent prices are common in the southwestern parts of Harbor Springs while lower rent rates are often available in northeastern areas.
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