Sentences with phrase «highest average rent»

For example, Williston — the epicenter of the state's oil boom — posted the highest average rent in the U.S. at nearly $ 2,400 a month for a one - bedroom apartment, according to the Apartment Guide study.
It also had the highest average rent - $ 2,990 per month, up 1.7 percent from the second quarter.
In the last quarter of 2015, Manhattan residents paid a median $ 4,374 — the highest average rent in the nation, according to Marcus & Millichap.
In most cases, you'll want to look for a safe neighborhood, low property taxes, good schools, access to amenities, low number of listings and vacancies, high average rent, and more.

Not exact matches

If salaries aren't increasing while average rents are at a high rate, you can rest assured that many employees will begin considering other employment opportunities.
In March, San Francisco's median two - bedroom rent of $ 3,040 was about two and a half times as high as the national average.
The average San Francisco rent reaching an all - time high of $ 3,460 for a 1 - bedroom apartment, according to a report last month from Zumper, a rental listing and analytics company.
To a student fresh out of college, San Francisco's median rent rate of $ 3,200 per month (three times higher than the national average!)
Today, the average home - price - to - rent ratio is at its highest level on record, which means renting may actually be more affordable than paying a mortgage.
On average, they will recuperate the high up - front costs of purchasing (instead of renting) in five to six years.
«Occupancies and rents are already near historical highs, pushing net operating income growth to about 5 %, which isn't sustainable relative to the historical average of 2.5 % to 3 %,» Hill says.
Massachusetts, along with New York, Washington state and California, where similar legislation to encourage more workforce housing is also pending, experienced higher than average median rent increases between 2010 and 2015, along with some of the biggest growth in super commutes.
Jacksonville, Florida has a combination of low prices and high rents that creates the cash flow opportunity which allows our clients to earn above - average returns.
As home prices have continued to creep higher in the area, average rents for single - family homes in Denton County are not as strong.
Finally, Will Dunning, the chief economist at the Canadian Association of Accredited Mortgage Professionals, set out to dismantle the oft - cited claim that the price - to - rent ratio in Canada is 88 per cent higher than its long - term average.
According to JLL's latest Property Market Monitor released this week, net take - up in Hong Kong's overall office market amounted to 68,800 sq. ft in November 2017, with average monthly rent reaching HKD 71.7 per sq. ft — 0.3 % higher than in October 2017.
The average rent of an apartment in Manhattan is now almost $ 3,500 a month, and though the figure is raised by the astonishing rents in many of the wealthier neighborhoods (we were reading about one apartment overlooking Gramercy Park that rented for $ 30,000 a month), rents are high even in the poor neighborhoods.
In some cities rent, travel and training expenses can be higher; on the other hand, income from radio, average ticket sales and special promotions may also be higher.
People can still seek support for housing up to a rate of # 20,000 a year — that's actually over 25 per cent higher than the average rent paid in London.
Local apartment rents increased, the eviction rate was a bit higher than the state average and about 14 percent of Manchester's housing was labeled affordable last year, according to a recent report from the town planning department.
Average rents are now at an all time high (2) with the prospect of buying a home now an impossible dream for growing numbers of people.
With regards to rent and sale of property owned by private developers, the President bemoaned prices are too high for the average Ghanaian, encouraging private sector investment in cheaper housing for people from varying economic divides.
Our research has shown that these Starter Homes will too often only be «affordable» for higher earners, not the millions of people working hard for an average wage who will be left stuck in expensive private renting
Expectations are that Chancellor George Osborne will argue that 9 % of all social tenants in England are now on higher incomes while enjoying the benefit of an average # 3,500 - a-year per household in reduced rent.
This is especially for a community (part of the zip code of 11436) in which 69 percent of residents own their homes (higher than the national average of 66 percent) and (along with apartment tenants, through their rents) pay hefty Big Apple property taxes to finance district operations.
Rents in Asheville and the surrounding area are much higher than the state average.
Though unemployment is higher than Austin's, the average rent is more than $ 100 cheaper in Houston — and the city is thriving.
And one last word: from all the research I've done, I've found it's generally better to rent IF your rent is lower than average and you are confident that it won't rise any time soon, IF you plan on moving a couple years, or IF you can get higher - than - average returns from whatever you're investing your cash into (that is, the cash you would be spending on a down payment.
Despite the high average cost, services that offer credit card rent payments vary their price.
The cost of insuring our rented unit are 7 % higher compared to the state average.
Because their corporate tenants have a lot more «rent money» than the average household, these trusts sport some of the highest yields around.
These average rents are skewed by the high prices and high concentration of renters in cities like Atlanta.
However, residents of Los Angeles spend an average of 32.5 % of their income on rent — something to think about for those who don't want to stress over a higher cost of living.
So, if you can just show, for example, that the odds of a stock market crash are far higher in years when the P - E ratio is much higher than average (or for housing crashes the buy - rent, or price - household income ratio), or that the expected risk - adjusted long run return is much lower than average, or other «anomalies» (anomalous to the EMH) like this, then you can show that the EMH is substantially far from the truth.
Based on a sampling of insurance quotes across the country for a 30 - year old safe driver, CFA found that premiums averaged seven percent higher — about $ 112 per year — for drivers who rent instead of own homes.
Most portfolios also offer structural upside, over time, as new / market rents are often 20 - 25 % higher than average portfolio rents.
The commute is on the high side here, and the median rent is a little above the average median rent of $ 720.
They target above - average appreciation by focusing on the opportunistic acquisition of high vacancy portfolios, usually requiring modernization & renovation to enhance rents.
Las Vegas has a slightly higher average monthly rent at $ 970, which is still lower than the average rent in many major cities in other states.
Fully renovated vacant units have re-leased at an average upgrade premium of $ 113 higher than in - place rents.
At the end of this period, Americans who owned their homes had a significantly higher average net worth than Americans who rented.
That's already a lot, but housing issues are THE top reason pets need to be rehomed for people who rent — which is now 37 % of the people in the US — the highest rate of renters vs homeowners since the 60s (35.4 % of people in the Kansas City Metro rent, so very near this national average)
The vacation rental space by contrast was little changed last year in terms of trip cost and duration as «Vacation rentals tend to be a high repeat business and therefore fluctuate very little in terms of average trip cost as families tend to rent the same property for their vacations year in, year out,» said Carnicelli.
Rent is rising at a rate higher than the national average, negatively impacting lower - income neighborhoods like Waldo.
According to Forbes, the average monthly apartment rent in San Francisco is now $ 2,802, the second highest in the nation among metropolitan areas.
The last thing you need on top of the rent, utility and grocery bills is a higher - than - average premium to deal with.
It's much cheaper to own than rent in New York, but that's partially because the average rent is astronomically high thanks to a little town called New York City.
The vacation rental space by contrast was little changed last year in terms of trip cost and duration as «Vacation rentals tend to be a high repeat business and therefore fluctuate very little in terms of average trip cost as families tend to rent the same property for their vacations year in, year out,» said Carnicelli.
She had a high school diploma and rented an apartment in a ZIP code with an average household income of about $ 30,000.
Las Vegas has a slightly higher average monthly rent at $ 970, which is still lower than the average rent in many major cities in other states.
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