American Real Estate – Top 5 Highest Rents
Median price for 2-bedroom: $4,780
San Francisco has the highest rent in the nation at $4,780. While rents aren’t going to get any cheaper, they are expected to slow down a little this year.
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New York City
Median price for 2-bedroom: $4,450
And rent prices have been increasing thanks to strong rental demand and a shortage of available housing.
But the rise is expected to slow as new developments come online.
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Jersey City
Median price for 2-bedroom: $3,080
Just across the river from the Big Apple, rents in Jersey City are also soaring as more people get priced out of New York City.
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Washington, D.C
Median price for 2-bedroom: $2,990
Rent in the nation’s capital is among the highest in the country, but new developments have been strong and that will help keep a lid on rent prices, according to Woo.
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Boston
Median price for 2-bedroom: $2,900
Rent prices tend to be higher in cities on the coasts, and Boston is no exception.
Living in Beantown will cost you nearly $3,000 a month