Rice County 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 Rice County is about $1,032 per month. This puts it in the 85th percentile compared to the state average cost of rent, which is $1,169. Households in Rice County have a median income of $6,467 per month so the average renter in Rice County is spending roughly 16% of their earnings on housing.
Nationally, and in Rice County, home values are the data point most closely correlated with the cost of rent. The median price of a home in Rice County is $247,760 right now, which is higher than nearby counties, meaning that rents in Rice County also tend to be higher versus these nearby counties.
Higher rent prices are common in the northern parts of Rice County while lower rent rates are often available in southern areas.
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