Raccoon Bend 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 Raccoon Bend is about $782 per month. This puts it in the 34th percentile compared to the state average cost of rent, which is $1,261. Households in Raccoon Bend have a median income of $7,801 per month so the average renter in Raccoon Bend is spending roughly 10% of their earnings on housing.
Nationally, and in Raccoon Bend, home values are the data point most closely correlated with the cost of rent. The median price of a home in Raccoon Bend is $217,887 right now, which is lower than nearby cities, meaning that rents in Raccoon Bend also tend to be lower versus these nearby cities.
Higher rent prices are common in the northeastern parts of Raccoon Bend while lower rent rates are often available in central areas.
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