Selea 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 Selea is about $538 per month. This puts it in the 2nd percentile compared to the state average cost of rent, which is $1,115. Households in Selea have a median income of $5,043 per month so the average renter in Selea is spending roughly 11% of their earnings on housing.
Nationally, and in Selea, home values are the data point most closely correlated with the cost of rent. The median price of a home in Selea is $174,439 right now, which is higher than nearby cities, meaning that rents in Selea also tend to be higher versus these nearby cities.
Higher rent prices are common in the northwestern parts of Selea while lower rent rates are often available in central areas.
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