Phillipstown 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 Phillipstown is about $659 per month. This puts it in the 40th percentile compared to the state average cost of rent, which is $877. Households in Phillipstown have a median income of $2,739 per month so the average renter in Phillipstown is spending roughly 24% of their earnings on housing.
Nationally, and in Phillipstown, home values are the data point most closely correlated with the cost of rent. The median price of a home in Phillipstown is $71,520 right now, which is lower than nearby cities, meaning that rents in Phillipstown also tend to be lower versus these nearby cities.
Higher rent prices are common in the southern parts of Phillipstown while lower rent rates are often available in central areas.
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