Minor 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 Minor is about $962 per month. This puts it in the 62nd percentile compared to the state average cost of rent, which is $1,444. Households in Minor have a median income of $4,151 per month so the average renter in Minor is spending roughly 23% of their earnings on housing.
Nationally, and in Minor, home values are the data point most closely correlated with the cost of rent. The median price of a home in Minor is $256,609 right now, which is higher than nearby cities, meaning that rents in Minor also tend to be higher versus these nearby cities.
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