South Wolfeboro 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 Wolfeboro is about $1,218 per month. This puts it in the 61st percentile compared to the state average cost of rent, which is $1,327. Households in South Wolfeboro have a median income of $8,583 per month so the average renter in South Wolfeboro is spending roughly 14% of their earnings on housing.
Nationally, and in South Wolfeboro, home values are the data point most closely correlated with the cost of rent. The median price of a home in South Wolfeboro is $288,216 right now, which is higher than nearby cities, meaning that rents in South Wolfeboro also tend to be higher versus these nearby cities.
Higher rent prices are common in the western parts of South Wolfeboro while lower rent rates are often available in central areas.
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