New Harmony 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 Harmony is about $653 per month. This puts it in the 34th percentile compared to the state average cost of rent, which is $952. Households in New Harmony have a median income of $5,331 per month so the average renter in New Harmony is spending roughly 12% of their earnings on housing.
Nationally, and in New Harmony, home values are the data point most closely correlated with the cost of rent. The median price of a home in New Harmony is $130,842 right now, which is lower than nearby cities, meaning that rents in New Harmony also tend to be lower versus these nearby cities.
Higher rent prices are common in the western parts of New Harmony while lower rent rates are often available in southern areas.
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