Nelagoney 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 Nelagoney is about $543 per month. This puts it in the 7th percentile compared to the state average cost of rent, which is $917. Households in Nelagoney have a median income of $3,123 per month so the average renter in Nelagoney is spending roughly 17% of their earnings on housing.
Nationally, and in Nelagoney, home values are the data point most closely correlated with the cost of rent. The median price of a home in Nelagoney is $155,213 right now, which is higher than nearby cities, meaning that rents in Nelagoney also tend to be higher versus these nearby cities.
Higher rent prices are common in the eastern parts of Nelagoney while lower rent rates are often available in northern areas.
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