North Grosvenordale 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 North Grosvenordale is about $1,092 per month. This puts it in the 20th percentile compared to the state average cost of rent, which is $1,523. Households in North Grosvenordale have a median income of $6,944 per month so the average renter in North Grosvenordale is spending roughly 16% of their earnings on housing.
Nationally, and in North Grosvenordale, home values are the data point most closely correlated with the cost of rent. The median price of a home in North Grosvenordale is $222,708 right now, which is lower than nearby cities, meaning that rents in North Grosvenordale also tend to be lower versus these nearby cities.
Higher rent prices are common in the eastern parts of North Grosvenordale while lower rent rates are often available in northwestern areas.
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