New Laguna 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 Laguna is about $230 per month. This puts it in the 1st percentile compared to the state average cost of rent, which is $961. Households in New Laguna have a median income of $3,465 per month so the average renter in New Laguna is spending roughly 7% of their earnings on housing.
Nationally, and in New Laguna, home values are the data point most closely correlated with the cost of rent. The median price of a home in New Laguna is $42,142 right now, which is lower than nearby cities, meaning that rents in New Laguna also tend to be lower versus these nearby cities.
Higher rent prices are common in the southeastern parts of New Laguna while lower rent rates are often available in central areas.
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