Wood River Junction 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 Wood River Junction is about $1,280 per month. This puts it in the 73rd percentile compared to the state average cost of rent, which is $1,229. Households in Wood River Junction have a median income of $7,585 per month so the average renter in Wood River Junction is spending roughly 17% of their earnings on housing.
Nationally, and in Wood River Junction, home values are the data point most closely correlated with the cost of rent. The median price of a home in Wood River Junction is $300,773 right now, which is lower than nearby cities, meaning that rents in Wood River Junction also tend to be lower versus these nearby cities.
Higher rent prices are common in the southeastern parts of Wood River Junction while lower rent rates are often available in central areas.
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