Homer 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 Homer City is about $756 per month. This puts it in the 36th percentile compared to the state average cost of rent, which is $1,115. Households in Homer City have a median income of $4,356 per month so the average renter in Homer City is spending roughly 17% of their earnings on housing.
Nationally, and in Homer City, home values are the data point most closely correlated with the cost of rent. The median price of a home in Homer City is $103,865 right now, which is lower than nearby cities, meaning that rents in Homer City also tend to be lower versus these nearby cities.
Higher rent prices are common in the northwestern parts of Homer City while lower rent rates are often available in western areas.
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