Panther Creek 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 Panther Creek is about $1,472 per month. This puts it in the 75th percentile compared to the city average cost of rent, which is $1,845. Households in Panther Creek have a median income of $10,974 per month so the average renter in Panther Creek is spending roughly 13% of their earnings on housing.
Nationally, and in Panther Creek, home values are the data point most closely correlated with the cost of rent. The median price of a home in Panther Creek is $356,915 right now, which is lower than nearby neighborhoods, meaning that rents in Panther Creek also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northeastern parts of Panther Creek while lower rent rates are often available in western areas.
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