South Yarmouth 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 Yarmouth is about $1,485 per month. This puts it in the 66th percentile compared to the state average cost of rent, which is $1,522. Households in South Yarmouth have a median income of $6,100 per month so the average renter in South Yarmouth is spending roughly 24% of their earnings on housing.
Nationally, and in South Yarmouth, home values are the data point most closely correlated with the cost of rent. The median price of a home in South Yarmouth is $398,481 right now, which is lower than nearby cities, meaning that rents in South Yarmouth also tend to be lower versus these nearby cities.
Higher rent prices are common in the northeastern parts of South Yarmouth while lower rent rates are often available in southern areas.
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