Mount Hood Village 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 Hood Village is about $1,284 per month. This puts it in the 81st percentile compared to the state average cost of rent, which is $1,284. Households in Mount Hood Village have a median income of $7,667 per month so the average renter in Mount Hood Village is spending roughly 17% of their earnings on housing.
Nationally, and in Mount Hood Village, home values are the data point most closely correlated with the cost of rent. The median price of a home in Mount Hood Village is $443,324 right now, which is lower than nearby cities, meaning that rents in Mount Hood Village also tend to be lower versus these nearby cities.
Higher rent prices are common in the southern parts of Mount Hood Village while lower rent rates are often available in northeastern areas.
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