Raymond 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 Raymond is about $576 per month. This puts it in the 21st percentile compared to the state average cost of rent, which is $846. Households in Raymond have a median income of $5,050 per month so the average renter in Raymond is spending roughly 11% of their earnings on housing.
Nationally, and in Raymond, home values are the data point most closely correlated with the cost of rent. The median price of a home in Raymond is $125,817 right now, which is higher than nearby cities, meaning that rents in Raymond also tend to be higher versus these nearby cities.
Higher rent prices are common in the southwestern parts of Raymond while lower rent rates are often available in northeastern areas.
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