Most Expensive ZIP Codes for Rent

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Where are America’s most expensive ZIP codes for rentals?  Examining this data can reveal a lot about a town or community.  To that end, RentCafe recently compared average apartment rents for all ZIP codes in 130 major U.S. markets using data from the Yardi Matrix.  Ok…but, here’s where it gets interesting;  their research shows that of the top 50 ZIP codes with the highest rent, 26 of them are in New York City’s Manhattan!  Go figure?  However, if you go through their findings it does yield some surprises and offers up some good data…..New York being the exception to the rule.

Click here to read the full report on Rentcafe.com.

 

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Director of Education & Outreach, National Real Estate Investors Association

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