Heart of Missoula 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 Heart of Missoula is about $884 per month. This puts it in the 25th percentile compared to the city average cost of rent, which is $1,102. Households in Heart of Missoula have a median income of $4,563 per month so the average renter in Heart of Missoula is spending roughly 19% of their earnings on housing.
Nationally, and in Heart of Missoula, home values are the data point most closely correlated with the cost of rent. The median price of a home in Heart of Missoula is $410,940 right now, which is higher than nearby neighborhoods, meaning that rents in Heart of Missoula also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the northeastern parts of Heart of Missoula while lower rent rates are often available in western areas.
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