World and National Rent Comparisons

Zumper, an apartment search site, has compared both world and national rent rates for one bedroom apartments.

In March 2019, Zumper found the top ten rental rates around the world for a one-bedroom apartment to be…

  1. San Francisco $3,691/month
  2.  New York City $2,870/month
  3. Hong Kong $2,350/month
  4. London $1,967/month
  5. Singapore $1,852/month
  6. Dubai $1,711/month
  7. Tokyo $1,545/month
  8. Paris $1,313/month
  9. Cape Town $773/month
  10. Montevideo $511/month

In May 2018, Zumper found the top 25 US rental rates, +1.4% y/y compared with May 2017, for a one-bedroom apartment to be…

  1. San Francisco
  2. New York City
  3. San Jose $2,500/month
  4. Boston $2,300/month
  5. 4A. Los Angeles  $2,300/month
  6. Washington DC $2,200/month
  7. Oakland $2,100/month
  8. Seattle $1,960/month
  9. San Diego $1,800/month
  10. Miami
  11. Anaheim $1,720/month
  12. Honolulu
  13. Santa Ana
  14. Fort Lauderdale
  15. Long Beach $1,570/month
  16. Chicago
  17. Philadelphia
  18. 17A. Providence
  19. Denver
  20. 19A Portland
  21. Minneapolis
  22. Atlanta
  23. Baltimore
  24. New Orleans
  25. Nashville $1,360/month

Note that rental rates in Paris ($1,313/month) were less than in Nashville ($1,360); Tokyo ($1,545) rental rates were less than rental rates in Long Beach ($1,570); Dubai rental rates ($1,711) were less than rental rates in Anaheim ($1,720).

Where would you rather live?

Thank you to Caroline Basile writing for Housing Wire for source data.

 

 

 

 

 

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