Highfalls 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 Highfalls is about $755 per month. This puts it in the 41st percentile compared to the state average cost of rent, which is $1,066. Households in Highfalls have a median income of $4,205 per month so the average renter in Highfalls is spending roughly 18% of their earnings on housing.
Nationally, and in Highfalls, home values are the data point most closely correlated with the cost of rent. The median price of a home in Highfalls is $148,045 right now, which is higher than nearby cities, meaning that rents in Highfalls also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Highfalls while lower rent rates are often available in southern areas.
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