Sharp Place 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 Sharp Place is about $773 per month. This puts it in the 59th percentile compared to the state average cost of rent, which is $1,035. Households in Sharp Place have a median income of $3,851 per month so the average renter in Sharp Place is spending roughly 20% of their earnings on housing.
Nationally, and in Sharp Place, home values are the data point most closely correlated with the cost of rent. The median price of a home in Sharp Place is $126,455 right now, which is higher than nearby cities, meaning that rents in Sharp Place also tend to be higher versus these nearby cities.
Higher rent prices are common in the southwestern parts of Sharp Place while lower rent rates are often available in northern areas.
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