Honeytown 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 Honeytown is about $765 per month. This puts it in the 41st percentile compared to the state average cost of rent, which is $964. Households in Honeytown have a median income of $4,971 per month so the average renter in Honeytown is spending roughly 15% of their earnings on housing.
Nationally, and in Honeytown, home values are the data point most closely correlated with the cost of rent. The median price of a home in Honeytown is $158,216 right now, which is lower than nearby cities, meaning that rents in Honeytown also tend to be lower versus these nearby cities.
Higher rent prices are common in the northern parts of Honeytown while lower rent rates are often available in southeastern areas.
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