South New Castle 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 South New Castle is about $857 per month. This puts it in the 57th percentile compared to the state average cost of rent, which is $1,115. Households in South New Castle have a median income of $4,881 per month so the average renter in South New Castle is spending roughly 18% of their earnings on housing.
Nationally, and in South New Castle, home values are the data point most closely correlated with the cost of rent. The median price of a home in South New Castle is $71,400 right now, which is lower than nearby cities, meaning that rents in South New Castle also tend to be lower versus these nearby cities.
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