Stony Lake 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 Stony Lake is about $664 per month. This puts it in the 12th percentile compared to the state average cost of rent, which is $1,036. Households in Stony Lake have a median income of $5,684 per month so the average renter in Stony Lake is spending roughly 12% of their earnings on housing.
Nationally, and in Stony Lake, home values are the data point most closely correlated with the cost of rent. The median price of a home in Stony Lake is $193,319 right now, which is higher than nearby cities, meaning that rents in Stony Lake also tend to be higher versus these nearby cities.
Higher rent prices are common in the northwestern parts of Stony Lake while lower rent rates are often available in central areas.
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