Loretto Road 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 Loretto Road is about $818 per month. This puts it in the 50th percentile compared to the state average cost of rent, which is $1,115. Households in Loretto Road have a median income of $6,667 per month so the average renter in Loretto Road is spending roughly 12% of their earnings on housing.
Nationally, and in Loretto Road, home values are the data point most closely correlated with the cost of rent. The median price of a home in Loretto Road is $168,325 right now, which is higher than nearby cities, meaning that rents in Loretto Road also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Loretto Road while lower rent rates are often available in northwestern areas.
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