Zumbro Falls 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 Zumbro Falls is about $853 per month. This puts it in the 57th percentile compared to the state average cost of rent, which is $1,169. Households in Zumbro Falls have a median income of $7,581 per month so the average renter in Zumbro Falls is spending roughly 11% of their earnings on housing.
Nationally, and in Zumbro Falls, home values are the data point most closely correlated with the cost of rent. The median price of a home in Zumbro Falls is $278,306 right now, which is lower than nearby cities, meaning that rents in Zumbro Falls also tend to be lower versus these nearby cities.
Higher rent prices are common in the western parts of Zumbro Falls while lower rent rates are often available in central areas.
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