Waterford Mills 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 Waterford Mills is about $946 per month. This puts it in the 81st percentile compared to the state average cost of rent, which is $960. Households in Waterford Mills have a median income of $5,679 per month so the average renter in Waterford Mills is spending roughly 17% of their earnings on housing.
Nationally, and in Waterford Mills, home values are the data point most closely correlated with the cost of rent. The median price of a home in Waterford Mills is $189,451 right now, which is lower than nearby cities, meaning that rents in Waterford Mills also tend to be lower versus these nearby cities.
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