Woodman 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 Woodman is about $734 per month. This puts it in the 29th percentile compared to the state average cost of rent, which is $975. Households in Woodman have a median income of $4,788 per month so the average renter in Woodman is spending roughly 15% of their earnings on housing.
Nationally, and in Woodman, home values are the data point most closely correlated with the cost of rent. The median price of a home in Woodman is $135,605 right now, which is lower than nearby cities, meaning that rents in Woodman also tend to be lower versus these nearby cities.
Higher rent prices are common in the southwestern parts of Woodman while lower rent rates are often available in western areas.
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