Reedville 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 Reedville is about $492 per month. This puts it in the 8th percentile compared to the state average cost of rent, which is $847. Households in Reedville have a median income of $4,553 per month so the average renter in Reedville is spending roughly 11% of their earnings on housing.
Nationally, and in Reedville, home values are the data point most closely correlated with the cost of rent. The median price of a home in Reedville is $104,541 right now, which is higher than nearby cities, meaning that rents in Reedville also tend to be higher versus these nearby cities.
Higher rent prices are common in the eastern parts of Reedville while lower rent rates are often available in northeastern areas.
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