Lane-Wooster 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 Lane-Wooster is about $861 per month. This puts it in the 58th percentile compared to the city average cost of rent, which is $1,045. Households in Lane-Wooster have a median income of $2,490 per month so the average renter in Lane-Wooster is spending roughly 35% of their earnings on housing.
Nationally, and in Lane-Wooster, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lane-Wooster is $60,560 right now, which is lower than nearby neighborhoods, meaning that rents in Lane-Wooster also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southeastern parts of Lane-Wooster while lower rent rates are often available in northeastern areas.
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