Ravensdale 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 Ravensdale is about $2,084 per month. This puts it in the 94th percentile compared to the state average cost of rent, which is $1,570. Households in Ravensdale have a median income of $8,791 per month so the average renter in Ravensdale is spending roughly 24% of their earnings on housing.
Nationally, and in Ravensdale, home values are the data point most closely correlated with the cost of rent. The median price of a home in Ravensdale is $511,010 right now, which is lower than nearby cities, meaning that rents in Ravensdale also tend to be lower versus these nearby cities.
Higher rent prices are common in the northeastern parts of Ravensdale while lower rent rates are often available in western areas.
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