Mincy 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 Mincy is about $752 per month. This puts it in the 60th percentile compared to the state average cost of rent, which is $952. Households in Mincy have a median income of $3,716 per month so the average renter in Mincy is spending roughly 20% of their earnings on housing.
Nationally, and in Mincy, home values are the data point most closely correlated with the cost of rent. The median price of a home in Mincy is $140,566 right now, which is lower than nearby cities, meaning that rents in Mincy also tend to be lower versus these nearby cities.
Higher rent prices are common in the central parts of Mincy while lower rent rates are often available in northern areas.
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