Riverside Colony 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 Riverside Colony is about $585 per month. This puts it in the 24th percentile compared to the state average cost of rent, which is $846. Households in Riverside Colony have a median income of $7,006 per month so the average renter in Riverside Colony is spending roughly 8% of their earnings on housing.
Nationally, and in Riverside Colony, home values are the data point most closely correlated with the cost of rent. The median price of a home in Riverside Colony is $135,993 right now, which is lower than nearby cities, meaning that rents in Riverside Colony also tend to be lower versus these nearby cities.
Higher rent prices are common in the western parts of Riverside Colony while lower rent rates are often available in central areas.
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