Lolo Hot Springs 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 Lolo Hot Springs is about $870 per month. This puts it in the 67th percentile compared to the state average cost of rent, which is $950. Households in Lolo Hot Springs have a median income of $6,432 per month so the average renter in Lolo Hot Springs is spending roughly 14% of their earnings on housing.
Nationally, and in Lolo Hot Springs, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lolo Hot Springs is $340,745 right now, which is higher than nearby cities, meaning that rents in Lolo Hot Springs also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Lolo Hot Springs while lower rent rates are often available in northern areas.
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