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.