New Paris 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 Paris is about $630 per month. This puts it in the 9th percentile compared to the state average cost of rent, which is $964. Households in New Paris have a median income of $4,280 per month so the average renter in New Paris is spending roughly 15% of their earnings on housing.
Nationally, and in New Paris, home values are the data point most closely correlated with the cost of rent. The median price of a home in New Paris is $99,302 right now, which is lower than nearby cities, meaning that rents in New Paris also tend to be lower versus these nearby cities.
Higher rent prices are common in the northeastern parts of New Paris while lower rent rates are often available in western areas.
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