Shell Knob 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 Shell Knob is about $702 per month. This puts it in the 48th percentile compared to the state average cost of rent, which is $952. Households in Shell Knob have a median income of $3,829 per month so the average renter in Shell Knob is spending roughly 18% of their earnings on housing.
Nationally, and in Shell Knob, home values are the data point most closely correlated with the cost of rent. The median price of a home in Shell Knob is $265,116 right now, which is higher than nearby cities, meaning that rents in Shell Knob also tend to be higher versus these nearby cities.
Higher rent prices are common in the southeastern parts of Shell Knob while lower rent rates are often available in eastern areas.
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