Luis Lopez 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 Luis Lopez is about $977 per month. This puts it in the 83rd percentile compared to the state average cost of rent, which is $961. Households in Luis Lopez have a median income of $3,527 per month so the average renter in Luis Lopez is spending roughly 28% of their earnings on housing.
Nationally, and in Luis Lopez, home values are the data point most closely correlated with the cost of rent. The median price of a home in Luis Lopez is $120,262 right now, which is lower than nearby cities, meaning that rents in Luis Lopez also tend to be lower versus these nearby cities.
Higher rent prices are common in the central parts of Luis Lopez while lower rent rates are often available in western areas.
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