Kerr 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 Kerr is about $772 per month. This puts it in the 64th percentile compared to the state average cost of rent, which is $952. Households in Kerr have a median income of $5,398 per month so the average renter in Kerr is spending roughly 14% of their earnings on housing.
Nationally, and in Kerr, home values are the data point most closely correlated with the cost of rent. The median price of a home in Kerr is $209,467 right now, which is higher than nearby cities, meaning that rents in Kerr also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Kerr while lower rent rates are often available in southwestern areas.
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