Little Gap 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 Little Gap is about $1,208 per month. This puts it in the 88th percentile compared to the state average cost of rent, which is $1,115. Households in Little Gap have a median income of $6,486 per month so the average renter in Little Gap is spending roughly 19% of their earnings on housing.
Nationally, and in Little Gap, home values are the data point most closely correlated with the cost of rent. The median price of a home in Little Gap is $249,178 right now, which is higher than nearby cities, meaning that rents in Little Gap also tend to be higher versus these nearby cities.
Higher rent prices are common in the northern parts of Little Gap while lower rent rates are often available in southwestern areas.
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