Money
New York Tops U.S. Rental Market with $4,200 One-Bedroom Average
![New York Tops U.S. Rental Market with $4,200 One-Bedroom Average](/_next/image?url=https%3A%2F%2Fcdn.voronoiapp.com%2Fpublic%2Fimages%2Fvoronoi-New-York-Tops-US-Rental-Market-with-4200-One-Bedroom-Average-20240607090258.webp&w=3840&q=75)
What We’re Showing
The top 10 American cities with the highest rental costs as of May 2024, according to the Zumper National Rent Index.
Key Takeaways
- New York tops the list with an average of $4,200 per month for a one-bedroom apartment
- On the West Coast, San Francisco leads with $2,950 for a one-bedroom unit
- Six of the 15 most expensive cities to rent are in California
Dataset
Ranking | City | Price in 2024 | Price in 2023 | YOY change |
---|---|---|---|---|
1 | New York, NY | $4,200 | $3,780 | 11.10% |
2 | Jersey City, NJ | $3,330 | $3,181 | 4.70% |
3 | San Francisco, CA | $2,950 | $3,001 | -1.70% |
4 | Boston, MA | $2,830 | $2,700.00 | 4.80% |
5 | Miami, FL | $2,770 | $2,900.00 | -4.50% |
6 | San Jose, CA | $2,570 | $2,630.00 | -2.30% |
7 | Arlington, VA | $2,380 | $2,299.00 | 3.50% |
8 | San Diego, CA | $2,370 | $2,401.00 | -1.30% |
9 | Washington, DC | $2,300 | $2,371.00 | -3.00% |
9 | Los Angeles, CA | $2,300 | $2,421.00 | -5.00% |
Data sources
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