South Range 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 Range is about $954 per month. This puts it in the 76th percentile compared to the state average cost of rent, which is $975. Households in South Range have a median income of $6,292 per month so the average renter in South Range is spending roughly 15% of their earnings on housing.
Nationally, and in South Range, home values are the data point most closely correlated with the cost of rent. The median price of a home in South Range is $166,721 right now, which is lower than nearby cities, meaning that rents in South Range also tend to be lower versus these nearby cities.
Higher rent prices are common in the western parts of South Range while lower rent rates are often available in eastern areas.
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