Patman 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 Patman is about $711 per month. This puts it in the 22nd percentile compared to the state average cost of rent, which is $1,261. Households in Patman have a median income of $3,977 per month so the average renter in Patman is spending roughly 18% of their earnings on housing.
Nationally, and in Patman, home values are the data point most closely correlated with the cost of rent. The median price of a home in Patman is $90,206 right now, which is lower than nearby cities, meaning that rents in Patman also tend to be lower versus these nearby cities.
Higher rent prices are common in the northwestern parts of Patman while lower rent rates are often available in northeastern areas.
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