New Lands 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 Lands is about $633 per month. This puts it in the 13th percentile compared to the state average cost of rent, which is $1,066. Households in New Lands have a median income of $2,964 per month so the average renter in New Lands is spending roughly 21% of their earnings on housing.
Nationally, and in New Lands, home values are the data point most closely correlated with the cost of rent. The median price of a home in New Lands is $94,600 right now, which is lower than nearby cities, meaning that rents in New Lands also tend to be lower versus these nearby cities.
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