Spiritwood 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 Spiritwood is about $1,026 per month. This puts it in the 90th percentile compared to the state average cost of rent, which is $890. Households in Spiritwood have a median income of $6,705 per month so the average renter in Spiritwood is spending roughly 15% of their earnings on housing.
Nationally, and in Spiritwood, home values are the data point most closely correlated with the cost of rent. The median price of a home in Spiritwood is $255,964 right now, which is higher than nearby cities, meaning that rents in Spiritwood also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Spiritwood while lower rent rates are often available in southeastern areas.
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