Lu Verne 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 Lu Verne is about $687 per month. This puts it in the 38th percentile compared to the state average cost of rent, which is $884. Households in Lu Verne have a median income of $5,304 per month so the average renter in Lu Verne is spending roughly 13% of their earnings on housing.
Nationally, and in Lu Verne, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lu Verne is $84,186 right now, which is lower than nearby cities, meaning that rents in Lu Verne also tend to be lower versus these nearby cities.
Higher rent prices are common in the western parts of Lu Verne while lower rent rates are often available in central areas.
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