Mid-year Rent Check: What’s the Going Rate for Apartment Rentals in Metros Nationwide?
It’s the middle of the year: do you know who’s paying more in rent, right now?
Here at Apartment Guide, we thought we’d take a look at our data about apartment rentals and determine just that.
Using information provided by the apartment communities which advertise with us, in July 2014, Apartment Guide calculated the median price for an entry-level apartment unit in about 250 metros areas (CBSAs) nationwide.
Check the interactive map above for the results.
The Top Ten Most Expensive Metros this July
These metro area rents ranked most expensive.
|CBSA Name||Median Entry Price|
|San Jose-Sunnyvale-Santa Clara, CA||$1658|
|San Francisco-Oakland-Fremont, CA||$1400|
|Oxnard-Thousand Oaks-Ventura, CA||$1387|
|New York-Newark-Jersey City, NY-NJ-PA||$1335|
|Los Angeles-Long Beach-Anaheim, CA||$1277|
|Santa Rosa-Petaluma, CA||$1250|
Even several months after our initial coverage on the subject, Williston, ND, remains an expensive market in which to rent an entry-level apartment. Our findings about apartment rental prices in Williston have been covered by news agencies including ABC News, Business Insider and the Associated Press.
San Jose, CA
In July 2014, Apartment Guide determined median prices for an entry-level apartment (studio or one-bedroom) in CBSAs (metros) nationwide.
Photo credits: Shutterstock / Andrew F. Kazmierski, ApartmentGuide.com