Park Farms 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 Park Farms is about $899 per month. This puts it in the 42nd percentile compared to the city average cost of rent, which is $1,160. Households in Park Farms have a median income of $3,740 per month so the average renter in Park Farms is spending roughly 24% of their earnings on housing.
Nationally, and in Park Farms, home values are the data point most closely correlated with the cost of rent. The median price of a home in Park Farms is $104,657 right now, which is lower than nearby neighborhoods, meaning that rents in Park Farms also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northeastern parts of Park Farms while lower rent rates are often available in northwestern areas.
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