Millsmont 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 Millsmont is about $1,724 per month. This puts it in the 38th percentile compared to the city average cost of rent, which is $1,837. Households in Millsmont have a median income of $6,893 per month so the average renter in Millsmont is spending roughly 25% of their earnings on housing.
Nationally, and in Millsmont, home values are the data point most closely correlated with the cost of rent. The median price of a home in Millsmont is $677,537 right now, which is higher than nearby neighborhoods, meaning that rents in Millsmont also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the southeastern parts of Millsmont while lower rent rates are often available in southwestern areas.
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