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The 5 U.S. Cities Where Rents Are Rising the Most Right Now
Plus, popular community amenities by life stage and 6 more Real Estate Insights
Vidit Saxena
May 08, 2024
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Life is a tragedy when seen in close-up, but a comedy in a long-shot.
- Charlie Chaplin
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Real Estate Trends
Top 10 Cities That Require the Highest Incomes To Buy A Home link
Rank | Metro Area | Median Home List Price | Median Household Income Required |
|---|---|---|---|
1 | San Jose, CA | $1,467,000 | $361,000 |
2 | Los Angeles, CA | $1,192,000 | $298,000 |
3 | San Diego, CA | $1.05 million | $259,000 |
4 | San Francisco, CA | $1,027,000 | $256,000 |
5 | Boston, MA | $870,000 | $226,000 |
6 | New York, NY | $769,000 | $218,000 |
7 | Seattle, WA | $775,000 | $193,000 |
8 | Denver, CO | $655,000 | $161,000 |
9 | Sacramento, CA | $650,000 | $162,000 |
10 | Washington, DC | $625,000 | $159,000 |
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14 U.S. Cities Where You Can Buy a Home If You Make Less Than $100K link
Rank | City | Median Home List Price | Median Household Income Required |
|---|---|---|---|
1 | Pittsburgh, PA | $250,000 | $67,000 |
2 | Detroit, MI | $250,000 | $69,000 |
3 | Cleveland, OH | $255,000 | $71,000 |
4 | Birmingham, AL | $297,000 | $75,000 |
5 | Buffalo, NY | $285,000 | $79,000 |
6 | St. Louis, MO | $294,000 | $82,000 |
7 | Rochester, NY | $295,000 | $87,000 |
8 | Louisville, KY | $327,000 | $87,000 |
9 | Indianapolis, IN | $340,000 | $87,000 |
10 | New Orleans, LA | $335,000 | $90,000 |
11 | Memphis, TN | $339,000 | $91,000 |
12 | Baltimore, MD | $352,000 | $91,000 |
13 | Oklahoma City, OK | $330,000 | $98,000 |
14 | Cincinnati, OH | $375,000 | $99,000 |
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The 5 U.S. Cities Where Rents Are Rising the Most Right Now link
Rank | City | Median Rent in March | Increase in Median Rent from a Year Ago |
|---|---|---|---|
1 | Chicago, IL | $1,846 | 4.3% |
2 | New York City, NY | $2,876 | 3.8% |
3 | Kansas City, MO | $1,340 | 3.4% |
4 | Boston, MA | $3,023 | 3.3% |
5 | Indianapolis, IN | $1,297 | 3.3% |
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What are popular community amenities by life stage?
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Census data highlights shifts in population migration and housing patterns
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Millennials Are Now the Largest Group of Home Buyers
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Study:2024 Top Rental Markets for Recent College Graduates
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Off Topic
Mapped: Life Expectancy by Region (1950-2050F)
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Vidit
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