Rathdrum 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 Rathdrum is about $1,153 per month. This puts it in the 92nd percentile compared to the state average cost of rent, which is $1,024. Households in Rathdrum have a median income of $6,493 per month so the average renter in Rathdrum is spending roughly 18% of their earnings on housing.
Nationally, and in Rathdrum, home values are the data point most closely correlated with the cost of rent. The median price of a home in Rathdrum is $312,691 right now, which is lower than nearby cities, meaning that rents in Rathdrum also tend to be lower versus these nearby cities.
Higher rent prices are common in the southern parts of Rathdrum while lower rent rates are often available in western areas.
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