Lake Pleasant 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 Pleasant is about $1,470 per month. This puts it in the 64th percentile compared to the state average cost of rent, which is $1,522. Households in Lake Pleasant have a median income of $8,314 per month so the average renter in Lake Pleasant is spending roughly 18% of their earnings on housing.
Nationally, and in Lake Pleasant, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lake Pleasant is $232,152 right now, which is lower than nearby cities, meaning that rents in Lake Pleasant also tend to be lower versus these nearby cities.
Higher rent prices are common in the central parts of Lake Pleasant while lower rent rates are often available in southwestern areas.
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