Lecanto 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 Lecanto is about $919 per month. This puts it in the 34th percentile compared to the state average cost of rent, which is $1,453. Households in Lecanto have a median income of $4,454 per month so the average renter in Lecanto is spending roughly 21% of their earnings on housing.
Nationally, and in Lecanto, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lecanto is $157,209 right now, which is lower than nearby cities, meaning that rents in Lecanto also tend to be lower versus these nearby cities.
Higher rent prices are common in the southeastern parts of Lecanto while lower rent rates are often available in western areas.
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