Lee 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 Lee is about $1,072 per month. This puts it in the 23rd percentile compared to the state average cost of rent, which is $1,522. Households in Lee have a median income of $6,953 per month so the average renter in Lee is spending roughly 15% of their earnings on housing.
Nationally, and in Lee, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lee is $290,808 right now, which is lower than nearby cities, meaning that rents in Lee also tend to be lower versus these nearby cities.
Higher rent prices are common in the southern parts of Lee while lower rent rates are often available in central areas.
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