Seven Mile 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 Seven Mile is about $963 per month. This puts it in the 43rd percentile compared to the state average cost of rent, which is $1,570. Households in Seven Mile have a median income of $7,331 per month so the average renter in Seven Mile is spending roughly 13% of their earnings on housing.
Nationally, and in Seven Mile, home values are the data point most closely correlated with the cost of rent. The median price of a home in Seven Mile is $389,560 right now, which is higher than nearby cities, meaning that rents in Seven Mile also tend to be higher versus these nearby cities.
Higher rent prices are common in the northern parts of Seven Mile while lower rent rates are often available in western areas.
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