Pine Ridge 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 Ridge is about $1,521 per month. This puts it in the 66th percentile compared to the city average cost of rent, which is $1,742. Households in Pine Ridge have a median income of $6,896 per month so the average renter in Pine Ridge is spending roughly 22% of their earnings on housing.
Nationally, and in Pine Ridge, home values are the data point most closely correlated with the cost of rent. The median price of a home in Pine Ridge is $472,539 right now, which is higher than nearby neighborhoods, meaning that rents in Pine Ridge also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the eastern parts of Pine Ridge while lower rent rates are often available in central areas.
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