...New York City and San Francisco are far and away the most expensive places to rent in America. Even people with six-figure incomes cannot afford the median rent for a one-bedroom apartment in these cities’ most expensive neighborhoods. No wonder housing affordability has become a leading, if not the leading, political issue in San Francisco and New York. What remains to be seen is whether such incredibly high rents will begin to stifle and suffocate the very diversity and creative energy that have long powered these neighborhoods and cities.
25 U.S. Neighborhoods with the Highest Monthly Median Rent
Labels: Housing in the City