Menfro 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 Menfro is about $724 per month. This puts it in the 54th percentile compared to the state average cost of rent, which is $952. Households in Menfro have a median income of $5,650 per month so the average renter in Menfro is spending roughly 13% of their earnings on housing.
Nationally, and in Menfro, home values are the data point most closely correlated with the cost of rent. The median price of a home in Menfro is $203,121 right now, which is higher than nearby cities, meaning that rents in Menfro also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Menfro while lower rent rates are often available in western areas.
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