New Garden 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 Garden is about $834 per month. This puts it in the 58th percentile compared to the state average cost of rent, which is $964. Households in New Garden have a median income of $4,871 per month so the average renter in New Garden is spending roughly 17% of their earnings on housing.
Nationally, and in New Garden, home values are the data point most closely correlated with the cost of rent. The median price of a home in New Garden is $139,825 right now, which is lower than nearby cities, meaning that rents in New Garden also tend to be lower versus these nearby cities.
Higher rent prices are common in the western parts of New Garden while lower rent rates are often available in southeastern areas.
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