Shishmaref 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 Shishmaref is about $831 per month. This puts it in the 38th percentile compared to the state average cost of rent, which is $1,277. Households in Shishmaref have a median income of $3,926 per month so the average renter in Shishmaref is spending roughly 21% of their earnings on housing.
Nationally, and in Shishmaref, home values are the data point most closely correlated with the cost of rent. The median price of a home in Shishmaref is $86,200 right now, which is lower than nearby cities, meaning that rents in Shishmaref also tend to be lower versus these nearby cities.
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