Mill Point 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 Mill Point is about $657 per month. This puts it in the 42nd percentile compared to the state average cost of rent, which is $781. Households in Mill Point have a median income of $3,939 per month so the average renter in Mill Point is spending roughly 17% of their earnings on housing.
Nationally, and in Mill Point, home values are the data point most closely correlated with the cost of rent. The median price of a home in Mill Point is $132,014 right now, which is higher than nearby cities, meaning that rents in Mill Point also tend to be higher versus these nearby cities.
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