High Point 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 High Point is about $1,027 per month. This puts it in the 81st percentile compared to the state average cost of rent, which is $1,066. Households in High Point have a median income of $5,151 per month so the average renter in High Point is spending roughly 20% of their earnings on housing.
Nationally, and in High Point, home values are the data point most closely correlated with the cost of rent. The median price of a home in High Point is $168,420 right now, which is lower than nearby cities, meaning that rents in High Point also tend to be lower versus these nearby cities.
Higher rent prices are common in the northern parts of High Point while lower rent rates are often available in central areas.
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