The Most and Least Expensive Areas to Rent in Lake Bruce, IN

Lake Bruce 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.

 

Lake Bruce, IN of rent costs by neighborhood
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Rental Price Key

High-end
Mid-tier
Most affordable

On average, the cost of rent in Lake Bruce is about $724 per month. This puts it in the 28th percentile compared to the state average cost of rent, which is $960. Households in Lake Bruce have a median income of $4,655 per month so the average renter in Lake Bruce is spending roughly 16% of their earnings on housing.

Nationally, and in Lake Bruce, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lake Bruce is $119,107 right now, which is lower than nearby cities, meaning that rents in Lake Bruce also tend to be lower versus these nearby cities.

Higher rent prices are common in the southwestern parts of Lake Bruce while lower rent rates are often available in central areas.

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