New Melle 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 Melle is about $994 per month. This puts it in the 89th percentile compared to the state average cost of rent, which is $952. Households in New Melle have a median income of $9,370 per month so the average renter in New Melle is spending roughly 11% of their earnings on housing.
Nationally, and in New Melle, home values are the data point most closely correlated with the cost of rent. The median price of a home in New Melle is $376,725 right now, which is higher than nearby cities, meaning that rents in New Melle also tend to be higher versus these nearby cities.
Higher rent prices are common in the eastern parts of New Melle while lower rent rates are often available in central areas.
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