Southwest City 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 Southwest City is about $582 per month. This puts it in the 18th percentile compared to the state average cost of rent, which is $952. Households in Southwest City have a median income of $3,137 per month so the average renter in Southwest City is spending roughly 19% of their earnings on housing.
Nationally, and in Southwest City, home values are the data point most closely correlated with the cost of rent. The median price of a home in Southwest City is $58,302 right now, which is lower than nearby cities, meaning that rents in Southwest City also tend to be lower versus these nearby cities.
Higher rent prices are common in the southeastern parts of Southwest City while lower rent rates are often available in central areas.
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