Spring Mill 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 Spring Mill is about $878 per month. This puts it in the 67th percentile compared to the state average cost of rent, which is $964. Households in Spring Mill have a median income of $5,466 per month so the average renter in Spring Mill is spending roughly 16% of their earnings on housing.
Nationally, and in Spring Mill, home values are the data point most closely correlated with the cost of rent. The median price of a home in Spring Mill is $139,326 right now, which is lower than nearby cities, meaning that rents in Spring Mill also tend to be lower versus these nearby cities.
Higher rent prices are common in the central parts of Spring Mill while lower rent rates are often available in northwestern areas.
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