Junction 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 Junction City is about $1,089 per month. This puts it in the 31st percentile compared to the state average cost of rent, which is $1,958. Households in Junction City have a median income of $4,536 per month so the average renter in Junction City is spending roughly 24% of their earnings on housing.
Nationally, and in Junction City, home values are the data point most closely correlated with the cost of rent. The median price of a home in Junction City is $315,685 right now, which is higher than nearby cities, meaning that rents in Junction City also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Junction City while lower rent rates are often available in northeastern areas.
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