McGrady 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 McGrady is about $559 per month. This puts it in the 3rd percentile compared to the state average cost of rent, which is $1,066. Households in McGrady have a median income of $3,473 per month so the average renter in McGrady is spending roughly 16% of their earnings on housing.
Nationally, and in McGrady, home values are the data point most closely correlated with the cost of rent. The median price of a home in McGrady is $120,594 right now, which is lower than nearby cities, meaning that rents in McGrady also tend to be lower versus these nearby cities.
Higher rent prices are common in the southern parts of McGrady while lower rent rates are often available in central areas.
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