Mount Savage 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 Savage is about $793 per month. This puts it in the 9th percentile compared to the state average cost of rent, which is $1,646. Households in Mount Savage have a median income of $4,600 per month so the average renter in Mount Savage is spending roughly 17% of their earnings on housing.
Nationally, and in Mount Savage, home values are the data point most closely correlated with the cost of rent. The median price of a home in Mount Savage is $108,150 right now, which is lower than nearby cities, meaning that rents in Mount Savage also tend to be lower versus these nearby cities.
Higher rent prices are common in the eastern parts of Mount Savage while lower rent rates are often available in northern areas.
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