The 5 Most Expensive US Cities For Renters
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If you're a tenant in San Francisco, Manhattan, Boston, Brooklyn, Washington DC, or Los Angeles, then I don't have to tell you they're America's priciest rental markets because you (and your bank account) know all too well. A new Trulia study has found that these areas, in this order, are the most expensive places to rent a one-bedroom apartment in the country — yes, the San Francisco rental market is pricier than Manhattan's.
In many cases, rent prices have actually outpaced home price growth to the extent that it's cheaper to buy than rent. Because Trulia realizes that not everyone is ready to be a homeowner, the site set out to find where within each city renters can look for deals. Trulia's data scientists evaluated the percentage of one-bedrooms renting for $2,000 or more a month in each neighborhood and created interactive city maps to show you exactly where to look for a good deal within these five cities. Take a peek below before you sign a lease.
San Francisco
New York City
Boston
Washington DC
Los Angeles