Top 10 US cities with the most expensive apartment rental prices as of April 2023

Posted by:Aleksandr Belov Posted on:May 4,2023

The USA is one of the most developed countries in the world, and its cities attract people from all over the globe. However, a high standard of living is not always accessible to everyone. As of April 2023, we analyzed data and compiled a list of the 10 most expensive cities in the USA for apartment rentals.

Table 1: Top 10 US cities with the most expensive one-bedroom apartment rental prices as of April 2023

RankingCityPriceM/M%Y/Y%
1New York, NY$3,5705.90%4.40%
2Jersey City, NJ$3,0000.30%27.70%
2San Francisco, CA$3,0000.00%3.40%
4Miami, FL$2,8406.00%8.00%
5Boston, MA$2,700-3.90%6.70%
6San Jose, CA$2,6001.20%10.20%
7San Diego, CA$2,4001.30%0.40%
7Los Angeles, CA$2,4000.00%6.70%
9Washington, DC$2,3200.00%3.10%
10Arlington, VA$2,270-0.40%-0.90%

Table 2: Top 10 US cities with the most expensive two-bedroom apartment rental prices as of April 2023

RankingCityPriceM/M%Y/Y%
2San Francisco, CA$4,0000.00%0.00%
1New York, NY$3,9302.90%10.70%
2Jersey City, NJ$3,5306.00%43.50%
4Miami, FL$3,7106.00%4.50%
5Boston, MA$3,3003.10%10.40%
7Los Angeles, CA$3,3000.00%8.90%
6San Jose, CA$3,230-1.20%5.90%
7San Diego, CA$3,1802.60%4.30%
9Washington, DC$3,170-0.90%6.40%
10Arlington, VA$3,0201.00%-0.70%

New York, New York

The price for a one-bedroom apartment in New York is $3,570, and for a two-bedroom – $3,930. These are the highest prices in the USA. The cost of living in New York is always high, but the city remains one of the most attractive places to live.

Jersey City, New Jersey

Jersey City takes the second spot on the list of the most expensive cities for apartment rentals. The price for a one-bedroom apartment is $3,000, and for a two-bedroom – $3,530. Jersey City is located just a few minutes’ drive from Manhattan, making it an excellent choice for those who work in New York.

San Francisco, California

San Francisco is a beautiful city on the west coast of the USA, but apartment rental prices here are quite high. One-bedroom apartments in San Francisco average $3,000, and two-bedroom apartments cost $4,000.

Miami, Florida

Miami takes the fourth spot on the list of the most expensive cities for apartment rentals. The cost of one-bedroom apartments here is $2,840, and for two-bedroom apartments – $3,710. Miami is a beautiful and energetic city with plenty of opportunities for work and entertainment.

Boston, Massachusetts

Boston is a cultural and historical city on the East Coast of the United States. One-bedroom apartments here average $2,700, and two-bedroom apartments cost $3,300. Boston has many universities and technology companies, making it a good choice for those who want to work in education or technology.

San Jose, California

San Jose is a large city on the West Coast of the United States. One-bedroom apartments here average $2,600, and two-bedroom apartments cost $3,230. San Jose is located in Silicon Valley, where many well-known technology companies are located.

San Diego, California

San Diego is a beautiful city on the southern coast of the United States, where it is always warm and sunny. One-bedroom apartments here average $2,400, and two-bedroom apartments cost $3,180. San Diego is a good choice for those who want to live on the coast and work in the tourism or hospitality industry.

Los Angeles, California

Los Angeles is the largest city on the West Coast of the United States, where many people dream of living and working. One-bedroom apartments here average $2,400, and two-bedroom apartments cost $3,300.

Washington, D.C.

Washington, D.C. is the capital of the United States and home to many federal institutions. One-bedroom apartments here average $2,320, and two-bedroom apartments cost $3,170. Washington, D.C. is a good choice for those who want to work in the government sector.

Arlington, Virginia

Arlington is a beautiful city located in the state of Virginia, near Washington, D.C. One-bedroom apartments here average $2,270, and two-bedroom apartments cost $3,020. Arlington is a good choice for those who want to live near Washington, D.C., but are not willing to pay high rent prices in the city itself.

Overall, the United States offers many opportunities for life and work, but the cost of renting apartments in some cities can be extremely high. However, if you are willing to pay a high price, these places can be a wonderful home for you. It is worth remembering that rental prices may change over time, and our table reflects prices for April 2023.


Aleksandr Belov

Author and editor of the ultramodern-hotels.com blog

You must be logged in to post a comment