Ord 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 Ord is about $504 per month. This puts it in the 7th percentile compared to the state average cost of rent, which is $929. Households in Ord have a median income of $4,529 per month so the average renter in Ord is spending roughly 11% of their earnings on housing.
Nationally, and in Ord, home values are the data point most closely correlated with the cost of rent. The median price of a home in Ord is $122,705 right now, which is higher than nearby cities, meaning that rents in Ord also tend to be higher versus these nearby cities.
Higher rent prices are common in the western parts of Ord while lower rent rates are often available in northwestern areas.
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