Union Ridge 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 Union Ridge is about $887 per month. This puts it in the 78th percentile compared to the state average cost of rent, which is $1,035. Households in Union Ridge have a median income of $5,398 per month so the average renter in Union Ridge is spending roughly 16% of their earnings on housing.
Nationally, and in Union Ridge, home values are the data point most closely correlated with the cost of rent. The median price of a home in Union Ridge is $195,472 right now, which is lower than nearby cities, meaning that rents in Union Ridge also tend to be lower versus these nearby cities.
Higher rent prices are common in the northeastern parts of Union Ridge while lower rent rates are often available in central areas.
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