14 Priciest Neighborhoods for Renters: Rents have been on the rise across the country in recent years, but where, specifically, are renters facing some of the highest costs?
A list of the most expensive neighborhoods for renters in 2014, factoring in more than just the monthly rent. How much of a renter’s paycheck goes toward rent (most financial experts recommend no more than 25 to 30 percent of one’s monthly income go toward rent); the median monthly household income; overall cost of living; and inflation. Nationally, the average monthly cost to rent a one-bedroom apartment in August was $939, according to CoStar housing data. But Field Opens for Buyers, With investors pulling back, conventional home buyers are finding their way back into the market, read more.
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