Laud 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 Laud is about $943 per month. This puts it in the 81st percentile compared to the state average cost of rent, which is $960. Households in Laud have a median income of $7,755 per month so the average renter in Laud is spending roughly 12% of their earnings on housing.
Nationally, and in Laud, home values are the data point most closely correlated with the cost of rent. The median price of a home in Laud is $180,665 right now, which is lower than nearby cities, meaning that rents in Laud also tend to be lower versus these nearby cities.
Higher rent prices are common in the eastern parts of Laud while lower rent rates are often available in central areas.
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