Shimer 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 Shimer is about $387 per month. This puts it in the 1st percentile compared to the state average cost of rent, which is $1,000. Households in Shimer have a median income of $5,409 per month so the average renter in Shimer is spending roughly 7% of their earnings on housing.
Nationally, and in Shimer, home values are the data point most closely correlated with the cost of rent. The median price of a home in Shimer is $63,900 right now, which is lower than nearby cities, meaning that rents in Shimer also tend to be lower versus these nearby cities.
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