Menan 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 Menan is about $774 per month. This puts it in the 41st percentile compared to the state average cost of rent, which is $1,024. Households in Menan have a median income of $5,697 per month so the average renter in Menan is spending roughly 14% of their earnings on housing.
Nationally, and in Menan, home values are the data point most closely correlated with the cost of rent. The median price of a home in Menan is $226,460 right now, which is lower than nearby cities, meaning that rents in Menan also tend to be lower versus these nearby cities.
Higher rent prices are common in the eastern parts of Menan while lower rent rates are often available in northwestern areas.
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