Mount Ayr 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 Mount Ayr is about $584 per month. This puts it in the 9th percentile compared to the state average cost of rent, which is $884. Households in Mount Ayr have a median income of $3,892 per month so the average renter in Mount Ayr is spending roughly 15% of their earnings on housing.
Nationally, and in Mount Ayr, home values are the data point most closely correlated with the cost of rent. The median price of a home in Mount Ayr is $107,643 right now, which is lower than nearby cities, meaning that rents in Mount Ayr also tend to be lower versus these nearby cities.
Higher rent prices are common in the northeastern parts of Mount Ayr while lower rent rates are often available in western areas.
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