Lake Angelus 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 Lake Angelus is about $1,125 per month. This puts it in the 90th percentile compared to the state average cost of rent, which is $1,036. Households in Lake Angelus have a median income of $7,168 per month so the average renter in Lake Angelus is spending roughly 16% of their earnings on housing.
Nationally, and in Lake Angelus, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lake Angelus is $222,900 right now, which is lower than nearby cities, meaning that rents in Lake Angelus also tend to be lower versus these nearby cities.
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