Sheep Ranch 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 Sheep Ranch is about $1,233 per month. This puts it in the 42nd percentile compared to the state average cost of rent, which is $1,958. Households in Sheep Ranch have a median income of $5,357 per month so the average renter in Sheep Ranch is spending roughly 23% of their earnings on housing.
Nationally, and in Sheep Ranch, home values are the data point most closely correlated with the cost of rent. The median price of a home in Sheep Ranch is $332,400 right now, which is lower than nearby cities, meaning that rents in Sheep Ranch also tend to be lower versus these nearby cities.
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