Lake Tamarisk 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 Tamarisk is about $1,846 per month. This puts it in the 74th percentile compared to the state average cost of rent, which is $1,958. Households in Lake Tamarisk have a median income of $3,571 per month so the average renter in Lake Tamarisk is spending roughly 52% of their earnings on housing.
Nationally, and in Lake Tamarisk, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lake Tamarisk is $119,900 right now, which is lower than nearby cities, meaning that rents in Lake Tamarisk also tend to be lower versus these nearby cities.
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