Ocean Acres 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 Ocean Acres is about $1,884 per month. This puts it in the 80th percentile compared to the state average cost of rent, which is $1,647. Households in Ocean Acres have a median income of $7,602 per month so the average renter in Ocean Acres is spending roughly 25% of their earnings on housing.
Nationally, and in Ocean Acres, home values are the data point most closely correlated with the cost of rent. The median price of a home in Ocean Acres is $280,918 right now, which is lower than nearby cities, meaning that rents in Ocean Acres also tend to be lower versus these nearby cities.
Higher rent prices are common in the western parts of Ocean Acres while lower rent rates are often available in southeastern areas.
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