Little Lake City 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 Lake City is about $1,871 per month. This puts it in the 48th percentile compared to the city average cost of rent, which is $1,868. Households in Little Lake City have a median income of $7,293 per month so the average renter in Little Lake City is spending roughly 26% of their earnings on housing.
Nationally, and in Little Lake City, home values are the data point most closely correlated with the cost of rent. The median price of a home in Little Lake City is $511,324 right now, which is higher than nearby neighborhoods, meaning that rents in Little Lake City also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the western parts of Little Lake City while lower rent rates are often available in eastern areas.
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