Sky 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 Sky Ranch is about $1,792 per month. This puts it in the 43rd percentile compared to the city average cost of rent, which is $1,971. Households in Sky Ranch have a median income of $8,202 per month so the average renter in Sky Ranch is spending roughly 22% of their earnings on housing.
Nationally, and in Sky Ranch, home values are the data point most closely correlated with the cost of rent. The median price of a home in Sky Ranch is $595,664 right now, which is higher than nearby neighborhoods, meaning that rents in Sky Ranch also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the eastern parts of Sky Ranch while lower rent rates are often available in northwestern areas.
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