Round Timber 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 Round Timber is about $535 per month. This puts it in the 4th percentile compared to the state average cost of rent, which is $1,261. Households in Round Timber have a median income of $3,783 per month so the average renter in Round Timber is spending roughly 14% of their earnings on housing.
Nationally, and in Round Timber, home values are the data point most closely correlated with the cost of rent. The median price of a home in Round Timber is $69,145 right now, which is lower than nearby cities, meaning that rents in Round Timber also tend to be lower versus these nearby cities.
Higher rent prices are common in the southern parts of Round Timber while lower rent rates are often available in northeastern areas.
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