Long Point 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 Long Point is about $1,085 per month. This puts it in the 83rd percentile compared to the state average cost of rent, which is $1,235. Households in Long Point have a median income of $7,315 per month so the average renter in Long Point is spending roughly 15% of their earnings on housing.
Nationally, and in Long Point, home values are the data point most closely correlated with the cost of rent. The median price of a home in Long Point is $154,723 right now, which is higher than nearby cities, meaning that rents in Long Point also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Long Point while lower rent rates are often available in southern areas.
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