How much does it cost to rent a house in the US: prices are going wild
Like temperatures, rents typically peak in mid-summer, and this year it's not just the sun that's really heating up. The average rent in the US hit $1 in July, an all-time high, leaving renters nostalgic for the $409 reported in July of last year.
To identify the most expensive areas, Rentcafe Blog compared the average rent for all zip codes on 130 major US real estate markets.
Where is even more expensive to rent housing than in Manhattan?
The short answer is: nowhere. Not in the USA for sure. Shocking 26 of 50 postcodes with the most expensive average rent in the country are located in Manhattan.
The first and second most expensive place occupied by zip codes from Manhattan. 10282 and 10013 cover a popular area of Lower Manhattan, including Rockefeller Park in Battery Park City, as well as the lower part of Soho, much of Tribec and the western quarters of Chinatown. In fact, 10282 maintained its leading position, despite the fact that the average rental price fell to 5 657 dollars, which is 1,8% less than in July 2017.
50 Most Expensive ZIP Codes - 2018
- 10282 Manhattan, NY $ 5,657
- 10013 Manhattan, NY $ 5,226
- 90024 Los Angeles, CA $ 4,883
- 10065 Manhattan, NY $ 4,856
- 10023 Manhattan, NY $ 4,816
- 94105 San Francisco, CA $ 4,666
- 10026 Manhattan, NY $ 4,551 1.4
- 10002 Manhattan, NY $ 4,524
- 10014 Manhattan, NY $ 4,481
- 10025 Manhattan, NY $ 4,444
- 02199 Boston, MA $ 4,439
- 90048 Los Angeles, CA $ 4,391
- 10024 Manhattan, NY $ 4,358
- 94158 San Francisco, CA $ 4,336
- 10001 Manhattan, NY $ 4,313
- 10018 Manhattan, NY $ 4,299
- 10003 Manhattan, NY $ 4,295
- 94925 Corte Madera, CA $ 4,290
- 10028 Manhattan, NY $ 4,263
- 10069 Manhattan, NY $ 4,191
- 10128 Manhattan, NY $ 4,180
- 10038 Manhattan, NY $ 4,137
- 10011 Manhattan, NY $ 4,132
- 10022 Manhattan, NY $ 4,079
- 10021 Manhattan, NY $ 4,077
- 94063 Redwood City, CA $ 4,025
- 10036 Manhattan, NY $ 4,025
- 10010 Manhattan, NY $ 4,012
- 94103 San Francisco, CA $ 3,974
- 94025 Menlo Park, CA $ 3,960
- 94107 San Francisco, CA $ 3,928
- 10016 Manhattan, NY $ 3,926
- 94043 Mountain View, CA $ 3,854
- 02210 Boston, MA $ 3,832
- 02111 Boston, MA $ 3,819
- 10019 Manhattan, NY $ 3,812
- 90094 Playa Vista CA $ 3,808
- 11201 Brooklyn, NY $ 3,702
- 94404 San Mateo, CA $ 3,685
- 90401 Santa Monica, CA $ 3,682
- 95014 Cupertino, CA $ 3,681
- 94040 Mountain View, CA $ 3,669
- 02116 Boston, MA $ 3,646
- 90292 Marina Del Rey, CA $ 3,642
- 94704 Berkeley, CA $ 3,616
- 02141 Cambridge, MA $ 3,610
- 94085 Sunnyvale, CA $ 3,609
- 10005 Manhattan, NY $ 3,579
- 10009 Manhattan, NY $ 3,559
- 10029 Manhattan, NY $ 3,549
But let's look at this angle: there are several places where rental rates compete with all but the most expensive areas of Manhattan. 90024 in Los Angeles, covering most of the Westwood quarter around the UCLA campus, is considered the third most expensive region in the United States with an average 4 883 dollar rent, which is 3,2% more than in the same period last year.
ZIP code 94105, which includes parts of San Francisco's East Cut, rounds out the short list of neighborhoods excluding Manhattan that ranked in the top ten. He's sixth, with an average monthly rent of $4. Boston 666 (No. 02199 at $11), 4 covering most of Los Angeles' Beverly Grove (No. 439 at $90048), 12 in San Francisco's Missy Bay (No. 4 at $391) and 94158. covering North Corte Madera Bay (No. 14 at $4) also made the top twenty.
Take a look at 10 of the most expensive locations for rental housing in Manhattan:
New York is also represented this year by Brooklyn with 11201 at 38. The cost of renting here is on average 3 702 USD per month.
Several Silicon Valley neighborhoods ranked 7th among the 50 most expensive rental areas, including zip codes 94063 (Redwood City), 94025 (Menlo Park), 94043 and 94040 (Mountain View), 94404 (San Mateo), 95014 (Cupertino) and 94085 (Sunnyvale), with apartments starting at $4 (#025) and $26 (#3) per month. The Bay Area has another strong contender, 609 (No. 47), covering parts of Downtown and Southside Berkeley, where monthly $94704 is considered the median price.
Not only Silicon Valley, the no less popular Silicon Coast also took pride of place in the ranking. Zip code 90094 in Playa Vista is in 37th place with a median rent of $3, while 808 in Santa Monica is at $90401 (#3), 682 in Marina Del Rey is at $40 (#90292).
Average rent $ 3 610 brought the 02141 location in Cambridge, Massachusetts, to the 46-place in the country.
10 most expensive postcodes in each US region (Rent Cafe):
Looking for a cheap rental? These places offer apartments for less than 600 US dollars per month:
And while some of the Manhattan ZIP commanders parade, there are many urban areas where you can easily find a decent apartment in half or even two-thirds cheaper. The 67213, 67211 and 67218 zip codes in Wichita, Kansas offer an average rental price below 470 dollars. Other places with payments below 500 dollars include Memphis, Tennessee, with three zip codes, and most of the city of Decatur, Alabama. At the bottom of the list is dominated by the markets of the South and Midwest. In the west, rents are usually higher, but Tucson, Arizona with the 85711 index offers $ 571, the cheapest option to rent west of Wichita.
If you think falling rents are tempting enough to move, check out the list below for postcodes with average rents less xnumx dollars.
- 67213 Wichita KS $ 422
- 67211 Wichita KS $ 465
- 67218 Wichita KS $ 466
- 38106 Memphis TN $ 474
- 35601 Decatur AL $ 479
- 67204 Wichita KS $ 489
- 38114 Memphis TN $ 495
- 38127 Memphis TN $ 498
- 37777 Louisville TN $ 502
- 35810 Huntsville AL $ 505
- 31903 Columbus GA $ 517
- 48420 Clio MI $ 520
- 43609 Toledo OH $ 522
- 72301 West Memphis AR $ 526
- 72076 Jacksonville AR $ 526
- 67217 Wichita KS $ 532
- 35805 Huntsville AL $ 534
- 44420 Girard OH $ 535
- 46201 Indianapolis IN $ 539
- 46809 Fort Wayne IN $ 540
- 43612 Toledo OH $ 543
- 67210 Wichita KS $ 545
- 67501 Hutchinson KS $ 545
- 35611 Athens AL $ 546
- 74116 Tulsa OK $ 548
- 43607 Toledo OH $ 548
- 44505 Youngstown OH $ 549
- 46816 Fort Wayne IN $ 549
- 67216 Wichita KS $ 551
- 46550 Nappanee IN $ 551
- 38118 Memphis TN $ 553
- 63137 Saint Louis MO $ 553
- 44485 Warren OH $ 554
- 43616 Oregon OH $ 555
- 73109 Oklahoma CityOK $ 559
- 43613 Toledo OH $ 561
- 38109 Memphis TN $ 562
- 38116 Memphis TN $ 563
- 37803 Maryville TN $ 563
- 43611 Toledo OH $ 563
- 67203 Wichita KS $ 564
- 45414 Dayton OH $ 570
- 48234 Detroit MI $ 571
- 85711 Tucson AZ $ 571
- 74129 Tulsa OK $ 571
- 72209 Little Rock AR $ 573
- 38122 Memphis TN $ 573
- 53208 Milwaukee WI $ 573
- 44052 Lorain OH $ 574
- 44515 Youngstown OH $ 574
- 45232 Cincinnati OH $ 575
- 44111 Cleveland OH $ 576
- 73018 Chickasha OK $ 576
- 73127 Oklahoma City OK $ 577
- 45225 Cincinnati OH $ 579
- 49107 Buchanan MI $ 580
- 32209 Jacksonville FL $ 581
- 72118 North Little Rock AR $ 582
- 48503 Flint MI $ 584
- 44110 Cleveland OH $ 584
- 35020 Bessemer AL $ 584
- 76541 Killeen TX $ 586
- 31204 Macon GA $ 587
- 74074 Stillwater OK $ 587
- 46805 Fort Wayne IN $ 588
- 46235 Indianapolis IN $ 589
- 43620 Toledo OH $ 591
- 73115 Oklahoma City OK $ 591
- 46218 Indianapolis IN $ 591
- 78541 Edinburg TX $ 592
- 45432 Dayton OH $ 596 1.5%
- 35816 Huntsville AL $ 596
- 35603 Decatur AL $ 597
- 45205 Cincinnati OH $ 598
- 74136 Tulsa OK $ 599
- 31093 Warner Robins GA $ 599
Read also on ForumDaily:
How Airbnb is changing the world and how much is now housing in America
Americans spend on kindergarten as much as renting
How much does it cost to rent a one-bedroom apartment in 50 major US cities
10 the cheapest cities in the US to live
The best and worst states for the middle class
Subscribe to ForumDaily on Google NewsDo you want more important and interesting news about life in the USA and immigration to America? — support us donate! Also subscribe to our page Facebook. Select the “Priority in display” option and read us first. Also, don't forget to subscribe to our РєР ° РЅР ° Р »РІ Telegram and Instagram- there is a lot of interesting things there. And join thousands of readers ForumDaily New York — there you will find a lot of interesting and positive information about life in the metropolis.