Powell 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 Powell County is about $648 per month. This puts it in the 22nd percentile compared to the state average cost of rent, which is $950. Households in Powell County have a median income of $4,756 per month so the average renter in Powell County is spending roughly 14% of their earnings on housing.
Nationally, and in Powell County, home values are the data point most closely correlated with the cost of rent. The median price of a home in Powell County is $190,350 right now, which is lower than nearby counties, meaning that rents in Powell County also tend to be lower versus these nearby counties.
Higher rent prices are common in the northeastern parts of Powell County while lower rent rates are often available in southeastern areas.
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