Nabob 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 Nabob is about $1,304 per month. This puts it in the 97th percentile compared to the state average cost of rent, which is $975. Households in Nabob have a median income of $8,703 per month so the average renter in Nabob is spending roughly 15% of their earnings on housing.
Nationally, and in Nabob, home values are the data point most closely correlated with the cost of rent. The median price of a home in Nabob is $288,332 right now, which is higher than nearby cities, meaning that rents in Nabob also tend to be higher versus these nearby cities.
Higher rent prices are common in the eastern parts of Nabob while lower rent rates are often available in southeastern areas.
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