Pike 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 Pike County is about $761 per month. This puts it in the 40th percentile compared to the state average cost of rent, which is $964. Households in Pike County have a median income of $4,220 per month so the average renter in Pike County is spending roughly 18% of their earnings on housing.
Nationally, and in Pike County, home values are the data point most closely correlated with the cost of rent. The median price of a home in Pike County is $129,685 right now, which is lower than nearby counties, meaning that rents in Pike County also tend to be lower versus these nearby counties.
Higher rent prices are common in the northern parts of Pike County while lower rent rates are often available in western areas.
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