Indian Lake East 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 Indian Lake East is about $1,244 per month. This puts it in the 30th percentile compared to the city average cost of rent, which is $1,268. Households in Indian Lake East have a median income of $5,005 per month so the average renter in Indian Lake East is spending roughly 25% of their earnings on housing.
Nationally, and in Indian Lake East, home values are the data point most closely correlated with the cost of rent. The median price of a home in Indian Lake East is $231,849 right now, which is lower than nearby neighborhoods, meaning that rents in Indian Lake East also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northwestern parts of Indian Lake East while lower rent rates are often available in southwestern areas.
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