Summit 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 the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Summit is about $1,042 per month. This puts it in the 71st percentile compared to the state average cost of rent, which is $1,362. Households in Summit have a median income of $3,823 per month so the average renter in Summit is spending roughly 27% of their earnings on housing.
Nationally, and in Summit, home values are the data point most closely correlated with the cost of rent. The median price of a home in Summit is $168,447 right now, which is lower than cities nearby, meaning that rents in Summit also tend to be lower versus these nearby cities.
Higher rent prices are common in the northeastern parts of Summit while lower rent rates are often available in eastern areas.
Nearby Cities
- South Tucson, AZ: less expensive rent prices
- Tucson, AZ: more expensive rent prices
- Drexel Heights, AZ: more expensive rent prices
- Tucson, AZ: more expensive rent prices
- Sahuarita, AZ: more expensive rent prices
- Valencia West, AZ: less expensive rent prices
- Vail, AZ: more expensive rent prices
- Corona de Tucson, AZ: more expensive rent prices
- Tucson Estates, AZ: more expensive rent prices
- Catalina Foothills, AZ: more expensive rent prices
Cities with Similar Populations
- Amherst Center, MA: more expensive rent prices
- Walpole, MA: more expensive rent prices
- Jacksonville, AL: less expensive rent prices
- Petal, MS: more expensive rent prices
- Newton, KS: less expensive rent prices
- Oxford, NC: less expensive rent prices
- Lake Shore, MD: more expensive rent prices
- Coldwater, MI: less expensive rent prices
- Westbury, NY: more expensive rent prices
- Caledonia, MI: more expensive rent prices
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