Mon Louis 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 Mon Louis is about $940 per month. This puts it in the 85th percentile compared to the state average cost of rent, which is $964. Households in Mon Louis have a median income of $6,744 per month so the average renter in Mon Louis is spending roughly 14% of their earnings on housing.
Nationally, and in Mon Louis, home values are the data point most closely correlated with the cost of rent. The median price of a home in Mon Louis is $236,015 right now, which is higher than nearby cities, meaning that rents in Mon Louis also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Mon Louis while lower rent rates are often available in northwestern areas.
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