Pembroke 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 Pembroke is about $1,077 per month. This puts it in the 72nd percentile compared to the city average cost of rent, which is $1,198. Households in Pembroke have a median income of $3,599 per month so the average renter in Pembroke is spending roughly 30% of their earnings on housing.
Nationally, and in Pembroke, home values are the data point most closely correlated with the cost of rent. The median price of a home in Pembroke is $69,525 right now, which is higher than nearby neighborhoods, meaning that rents in Pembroke also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the northwestern parts of Pembroke while lower rent rates are often available in eastern areas.
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