Luna Pier 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 Luna Pier is about $429 per month. This puts it in the 1st percentile compared to the state average cost of rent, which is $1,036. Households in Luna Pier have a median income of $3,651 per month so the average renter in Luna Pier is spending roughly 12% of their earnings on housing.
Nationally, and in Luna Pier, home values are the data point most closely correlated with the cost of rent. The median price of a home in Luna Pier is $165,078 right now, which is lower than nearby cities, meaning that rents in Luna Pier also tend to be lower versus these nearby cities.
Higher rent prices are common in the eastern parts of Luna Pier while lower rent rates are often available in northern areas.
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