Valley Home 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 Valley Home is about $1,422 per month. This puts it in the 54th percentile compared to the state average cost of rent, which is $1,958. Households in Valley Home have a median income of $6,810 per month so the average renter in Valley Home is spending roughly 21% of their earnings on housing.
Nationally, and in Valley Home, home values are the data point most closely correlated with the cost of rent. The median price of a home in Valley Home is $607,808 right now, which is higher than nearby cities, meaning that rents in Valley Home also tend to be higher versus these nearby cities.
Higher rent prices are common in the eastern parts of Valley Home while lower rent rates are often available in western areas.
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