Pine Lakes Addition 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 Pine Lakes Addition is about $1,182 per month. This puts it in the 99th percentile compared to the state average cost of rent, which is $846. Households in Pine Lakes Addition have a median income of $10,252 per month so the average renter in Pine Lakes Addition is spending roughly 12% of their earnings on housing.
Nationally, and in Pine Lakes Addition, home values are the data point most closely correlated with the cost of rent. The median price of a home in Pine Lakes Addition is $351,800 right now, which is higher than nearby cities, meaning that rents in Pine Lakes Addition also tend to be higher versus these nearby cities.
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