Shingle Hollow 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 Shingle Hollow is about $814 per month. This puts it in the 55th percentile compared to the state average cost of rent, which is $1,066. Households in Shingle Hollow have a median income of $3,651 per month so the average renter in Shingle Hollow is spending roughly 22% of their earnings on housing.
Nationally, and in Shingle Hollow, home values are the data point most closely correlated with the cost of rent. The median price of a home in Shingle Hollow is $194,493 right now, which is lower than nearby cities, meaning that rents in Shingle Hollow also tend to be lower versus these nearby cities.
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