North Hannibal 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 Hannibal is about $827 per month. This puts it in the 36th percentile compared to the state average cost of rent, which is $1,514. Households in North Hannibal have a median income of $5,071 per month so the average renter in North Hannibal is spending roughly 16% of their earnings on housing.
Nationally, and in North Hannibal, home values are the data point most closely correlated with the cost of rent. The median price of a home in North Hannibal is $89,918 right now, which is lower than nearby cities, meaning that rents in North Hannibal also tend to be lower versus these nearby cities.
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