...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
Rank | Region Name | Metro | Rent/Month |
1 | Bel Air | Los Angeles | $10,629 |
2 | Pacific Palisades | Los Angeles | $7,987 |
3 | Beverly Glen | Los Angeles | $7,667 |
4 | Brentwood | Los Angeles | $7,403 |
5 | Poet's Quarter | Los Angeles | $7,075 |
6 | Jordan Park-Laurel Heights | San Francisco | $7,000 |
7 | La Gorce | Miami-Fort Lauderdale | $6,932 |
8 | Lake | San Francisco | $6,521 |
9 | Cow Hollow | San Francisco | $6,471 |
10 | Pacific Heights | San Francisco | $6,380 |
11 | Riverside | Stamford | $6,380 |
12 | Financial District | San Francisco | $6,373 |
13 | Marina | San Francisco | $6,362 |
14 | Parnassus-Ashbury | San Francisco | $6,196 |
15 | Forest Hill | San Francisco | $5,891 |
16 | Berkley/Foxhall Crescents | Washington | $5,868 |
17 | Kings Point | New York | $5,763 |
18 | Spring Valley | Washington | $5,740 |
19 | Eureka Valley-Dolores Heights-Castro | San Francisco | $5,665 |
20 | Chelsea | New York | $5,649 |
21 | Noe Valley | San Francisco | $5,560 |
22 | Hollywood Hills | Los Angeles | $5,557 |
23 | Baywood Knolls | San Francisco | $5,531 |
24 | Cheviot Hills | Los Angeles | $5,511 |
25 | Russian Hill | San Francisco | $5,486 |
Labels: Housing in the City
5 Comments:
CitiLab, "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."
Do these CitiLab/ SPUR people have their eyes open? The "very diversity and creative energy" began disappearing around the first dot-com era beginning 1998 and the disappearances has only accelerated since.
It's no coincidence that 'SPUR' stood for 'Urban Renewal,' the freeways and neighborhood razing they did fifty years ago is being repeated today by bringing these professed 'urbanists' demanding bike lanes and pocket parks. The deleterious effect on established communities and neighborhoods might in the long run be even greater.
It's too late, no matter how much "below many rate" housing is built there will never be any going back to a time when there was real "diversity and creative energy." The SPUR types have won, they've turned SF into a suburban bedroom community. Now it's all Goggle buses and bicycles. Real diversity, real creative energy. Look no further than Scott Wiener.
There was a book published in the late 90s called EDGE CITY that predicted that San Francisco would become a historic urban Disneyland for young affluent childless professionals to "experience" city life, but in their own sanitary way without the true economic or racial diversity they secretly abhor. Noe Valley's greatest reason for turning into one of the most expensive neighborhood's in "the city" is because it is close to freeways that take young techies to their high paying jobs in the suburban office parks of the South Bay. We are experiencing our city being re-designed by people who grew up in suburbs and want San Francisco to have the same atmosphere. An example..."Market Street needs to be made so that children could feel safe biking down it" (read this on Streetsblog)....can you imagine someone in Chicago or New York saying that 5th Avenue or Michigan Avenue needs to be re-designed so that children could feel "safe" biking on them?
We are experiencing our city being re-designed by people who grew up in suburbs and want San Francisco to have the same atmosphere
--> "Our city"? LOL. Not your city.
"We are experiencing our city being re-designed by people who grew up in suburbs and want San Francisco to have the same atmosphere. An example..."Market Street needs to be made so that children could feel safe biking down it""
--> Are you under the mistaken impression it is safe for a child to ride a bike in the suburbs?
Do you really think it is an appropriate goal for Market Street to be re-designed so that it is "safe" for children to bike on? I would rather see Market Street become more like Michigan Avenue in Chicago than Lincoln Avenue in Calistoga.
The notion that it should---can possibly be---made safe for children to ride a bike in any city in the US is ridiculous. These people live in a fantasy world.
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