New Brighton 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 New Brighton is about $1,450 per month. This puts it in the 52nd percentile compared to the city average cost of rent, which is $1,553. Households in New Brighton have a median income of $6,914 per month so the average renter in New Brighton is spending roughly 21% of their earnings on housing.
Nationally, and in New Brighton, home values are the data point most closely correlated with the cost of rent. The median price of a home in New Brighton is $505,667 right now, which is lower than nearby neighborhoods, meaning that rents in New Brighton also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the eastern parts of New Brighton while lower rent rates are often available in northern areas.
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