Second Milo 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 Second Milo is about $695 per month. This puts it in the 11th percentile compared to the state average cost of rent, which is $1,514. Households in Second Milo have a median income of $5,399 per month so the average renter in Second Milo is spending roughly 13% of their earnings on housing.
Nationally, and in Second Milo, home values are the data point most closely correlated with the cost of rent. The median price of a home in Second Milo is $215,939 right now, which is higher than nearby cities, meaning that rents in Second Milo also tend to be higher versus these nearby cities.
Higher rent prices are common in the western parts of Second Milo while lower rent rates are often available in northern areas.
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