Tonto Basin 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 Tonto Basin is about $380 per month. This puts it in the 1st percentile compared to the state average cost of rent, which is $1,296. Households in Tonto Basin have a median income of $2,642 per month so the average renter in Tonto Basin is spending roughly 14% of their earnings on housing.
Nationally, and in Tonto Basin, home values are the data point most closely correlated with the cost of rent. The median price of a home in Tonto Basin is $154,111 right now, which is lower than nearby cities, meaning that rents in Tonto Basin also tend to be lower versus these nearby cities.
Higher rent prices are common in the northwestern parts of Tonto Basin while lower rent rates are often available in central areas.
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