Loma Alta 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 Loma Alta is about $656 per month. This puts it in the 13th percentile compared to the state average cost of rent, which is $1,261. Households in Loma Alta have a median income of $4,864 per month so the average renter in Loma Alta is spending roughly 13% of their earnings on housing.
Nationally, and in Loma Alta, home values are the data point most closely correlated with the cost of rent. The median price of a home in Loma Alta is $82,722 right now, which is lower than nearby cities, meaning that rents in Loma Alta also tend to be lower versus these nearby cities.
Higher rent prices are common in the northern parts of Loma Alta while lower rent rates are often available in eastern areas.
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