Powys 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 Powys is about $716 per month. This puts it in the 26th percentile compared to the state average cost of rent, which is $1,115. Households in Powys have a median income of $4,627 per month so the average renter in Powys is spending roughly 15% of their earnings on housing.
Nationally, and in Powys, home values are the data point most closely correlated with the cost of rent. The median price of a home in Powys is $159,305 right now, which is lower than nearby cities, meaning that rents in Powys also tend to be lower versus these nearby cities.
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