Nehalem 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 Nehalem is about $1,065 per month. This puts it in the 60th percentile compared to the state average cost of rent, which is $1,284. Households in Nehalem have a median income of $5,016 per month so the average renter in Nehalem is spending roughly 21% of their earnings on housing.
Nationally, and in Nehalem, home values are the data point most closely correlated with the cost of rent. The median price of a home in Nehalem is $398,451 right now, which is higher than nearby cities, meaning that rents in Nehalem also tend to be higher versus these nearby cities.
Higher rent prices are common in the northwestern parts of Nehalem while lower rent rates are often available in southern areas.
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