Huntington Woods 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 Huntington Woods is about $2,274 per month. This puts it in the 99th percentile compared to the state average cost of rent, which is $1,036. Households in Huntington Woods have a median income of $14,544 per month so the average renter in Huntington Woods is spending roughly 16% of their earnings on housing.
Nationally, and in Huntington Woods, home values are the data point most closely correlated with the cost of rent. The median price of a home in Huntington Woods is $427,303 right now, which is higher than nearby cities, meaning that rents in Huntington Woods also tend to be higher versus these nearby cities.
Higher rent prices are common in the northwestern parts of Huntington Woods while lower rent rates are often available in central areas.
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