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The Nation’s Most Expensive Places to Rent

Rental costs are on the rise everywhere in the US, at an average of 1.4% year-over-year. Most of this is caused by coastal cities. One state in particular boasts three of the top 5 most expensive cities to rent: California. San Francisco is #1, San Jose #3, and Los Angeles at #4 (tied with Boston, MA). Typical rental prices per month for a one-bedroom apartment in these cities are $3440, $2500, and $2300 respectively.

Rental prices in these individual cities aren’t necessarily growing fast, though. Some of them already had high rent prices. New York, despite being #2 in the list, actually had a negative growth rate — minus 0.30 month-over month and minus 0.70 year-over-year. The cities with the highest growth rates are Houston and Las Vegas at 15.6% year-over-year, but are #27 and #60 on the list respectively.

The top 10 list is below:

1. San Francisco
2. New York
3. San Jose
4. Boston
4. Los Angeles
6. Washington D.C.
7. Oakland
8. Seattle
9. San Diego
10. Miami

The full top 100 list is available at https://www.zumper.com/blog/rental-price-data.

More: https://www.housingwire.com/articles/43253-here-are-the-top-10-most-expensive-rental-markets-in-the-us

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