MAP: Battery Park City is the country’s most expensive zip code for renters
With little surprise, Manhattan comes in first for the highest apartment rents in the country, with Battery Park City leading the way for the most outrageous prices. According to data collected by RentCafe and assembled into an interactive map, the average rent in this downtown ‘hood is about $6,000 per month, followed by the Upper East Side averaging $4,898 per month and the Upper West Side $4,892. Other pricey Manhattan zip codes that made the top ten include the Lower East Side, Soho and Clinton.
RentCafe collected apartment rent averages for every state and zip code in 125 major U.S. markets with help from Yardi Matrix. The interactive map they created lets you hover over areas to explore their average rents. Once you zoom in, more specific rent data is shown for every zip code. Plus, look up any location by using the search button on the bottom of the map.
While Manhattan takes eight out of the top 10 spots, two San Francisco neighborhoods take spots four and nine.
For those looking to save monthly on rent, Wichita, Kansas may be the best bet. Two zip codes in Wichita offer average rent prices beginning at $400 per month. Or, if Alabama is more appealing, check out its Decatur neighborhood, where apartments average about $458 per month. Other cities with average rents under $500 include Memphis, Tennessee, Columbus, Georgia, and Fort Wayne, Indiana.
[Via RentCafe]
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