Hill City 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 Hill City is about $871 per month. This puts it in the 85th percentile compared to the state average cost of rent, which is $846. Households in Hill City have a median income of $5,679 per month so the average renter in Hill City is spending roughly 15% of their earnings on housing.
Nationally, and in Hill City, home values are the data point most closely correlated with the cost of rent. The median price of a home in Hill City is $300,195 right now, which is higher than nearby cities, meaning that rents in Hill City also tend to be higher versus these nearby cities.
Higher rent prices are common in the southwestern parts of Hill City while lower rent rates are often available in southeastern areas.
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