Wading River 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 Wading River is about $2,778 per month. This puts it in the 98th percentile compared to the state average cost of rent, which is $1,514. Households in Wading River have a median income of $10,699 per month so the average renter in Wading River is spending roughly 26% of their earnings on housing.
Nationally, and in Wading River, home values are the data point most closely correlated with the cost of rent. The median price of a home in Wading River is $434,895 right now, which is higher than nearby cities, meaning that rents in Wading River also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Wading River while lower rent rates are often available in southeastern areas.
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