Morse 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 Morse is about $2,088 per month. This puts it in the 82nd percentile compared to the state average cost of rent, which is $1,958. Households in Morse have a median income of $9,579 per month so the average renter in Morse is spending roughly 22% of their earnings on housing.
Nationally, and in Morse, home values are the data point most closely correlated with the cost of rent. The median price of a home in Morse is $1,143,446 right now, which is higher than nearby cities, meaning that rents in Morse also tend to be higher versus these nearby cities.
Higher rent prices are common in the southern parts of Morse while lower rent rates are often available in central areas.
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