Phillips County 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 Phillips County is about $634 per month. This puts it in the 27th percentile compared to the state average cost of rent, which is $847. Households in Phillips County have a median income of $2,972 per month so the average renter in Phillips County is spending roughly 21% of their earnings on housing.
Nationally, and in Phillips County, home values are the data point most closely correlated with the cost of rent. The median price of a home in Phillips County is $74,194 right now, which is lower than nearby counties, meaning that rents in Phillips County also tend to be lower versus these nearby counties.
Higher rent prices are common in the eastern parts of Phillips County while lower rent rates are often available in southeastern areas.
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