Matthews Beach 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 Matthews Beach is about $2,063 per month. This puts it in the 76th percentile compared to the city average cost of rent, which is $1,871. Households in Matthews Beach have a median income of $11,459 per month so the average renter in Matthews Beach is spending roughly 18% of their earnings on housing.
Nationally, and in Matthews Beach, home values are the data point most closely correlated with the cost of rent. The median price of a home in Matthews Beach is $891,262 right now, which is higher than nearby neighborhoods, meaning that rents in Matthews Beach also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the western parts of Matthews Beach while lower rent rates are often available in eastern areas.
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