Northern Arizona University 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 Northern Arizona University is about $1,113 per month. This puts it in the 39th percentile compared to the city average cost of rent, which is $1,431. Households in Northern Arizona University have a median income of $1,482 per month so the average renter in Northern Arizona University is spending roughly 75% of their earnings on housing.
Nationally, and in Northern Arizona University, home values are the data point most closely correlated with the cost of rent. The median price of a home in Northern Arizona University is $995,304 right now, which is higher than nearby neighborhoods, meaning that rents in Northern Arizona University also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the southwestern parts of Northern Arizona University while lower rent rates are often available in eastern areas.
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