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 $699 per month. This puts it in the 25th percentile compared to the state average cost of rent, which is $1,444. Households in Pembroke have a median income of $5,187 per month so the average renter in Pembroke is spending roughly 13% 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 $137,988 right now, which is lower than nearby cities, meaning that rents in Pembroke also tend to be lower versus these nearby cities.
Higher rent prices are common in the northern parts of Pembroke while lower rent rates are often available in central areas.
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