Loring Air Force Base 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 Loring Air Force Base is about $695 per month. This puts it in the 26th percentile compared to the state average cost of rent, which is $1,013. Households in Loring Air Force Base have a median income of $3,502 per month so the average renter in Loring Air Force Base is spending roughly 20% of their earnings on housing.
Nationally, and in Loring Air Force Base, home values are the data point most closely correlated with the cost of rent. The median price of a home in Loring Air Force Base is $92,706 right now, which is lower than nearby cities, meaning that rents in Loring Air Force Base also tend to be lower versus these nearby cities.
Higher rent prices are common in the southern parts of Loring Air Force Base while lower rent rates are often available in northeastern areas.
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