Vernon Hill 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 Vernon Hill is about $833 per month. This puts it in the 46th percentile compared to the state average cost of rent, which is $1,444. Households in Vernon Hill have a median income of $3,782 per month so the average renter in Vernon Hill is spending roughly 22% of their earnings on housing.
Nationally, and in Vernon Hill, home values are the data point most closely correlated with the cost of rent. The median price of a home in Vernon Hill is $117,548 right now, which is lower than nearby cities, meaning that rents in Vernon Hill also tend to be lower versus these nearby cities.
Higher rent prices are common in the western parts of Vernon Hill while lower rent rates are often available in northeastern areas.
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