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Updated May 2018

If you’re moving and looking to rent an apartment, you’ll want to compare rent prices in and around your area, whether you’re in Los Angeles, Houston, or Philadelphia. No matter if you’re on the West Coast, the East Coast or somewhere in between, here are this year’s most expensive and least expensive rents in the country, by zip code. We collected apartment rent averages for every state and every zip code in 125 major U.S. markets from apartment intelligence company Yardi Matrix.

Can you guess where are the most expensive rents in the U.S.?

The poster child for expensive housing, Manhattan boasts the highest apartment rents in the country, taking 8 out of the top 10 spots. San Francisco’s 94129 and 94105 zip codes take the #4 and #9 spots. Here are the top 20 most expensive zip codes for renters in the nation:

Top Most Expensive ZIP Codes

# ZIP Code City State Average Rent 1 10282 Manhattan NY $5,924 2 10065 Manhattan NY $4,898 3 10023 Manhattan NY $4,892 4 94129 San Francisco CA $4,762 5 10025 Manhattan NY $4,535 6 10024 Manhattan NY $4,525 7 10002 Manhattan NY $4,441 8 10013 Manhattan NY $4,422 9 94105 San Francisco CA $4,380 10 10036 Manhattan NY $4,375 11 10001 Manhattan NY $4,373 12 02199 Boston MA $4,227 13 10003 Manhattan NY $4,178 14 10010 Manhattan NY $4,166 15 10022 Manhattan NY $4,097 16 94158 San Francisco CA $4,070 17 10028 Manhattan NY $4,014 18 10014 Manhattan NY $4,010 19 10011 Manhattan NY $4,006 20 10128 Manhattan NY $3,977

Table by RENTCafe.

The top award for “most outrageous rent prices” this year goes to New York City’s 10282 (Battery Park City), where rent costs on average almost $6,000/month. The affluent lower Manhattan neighborhood is an excellent choice if you’re a Financial District or Wall Street professional and love waterfront residences, green spaces, and quiet streets in the heart of the city.

The second location of choice for wealthy renters is 10065 (Upper East Side), where rental apartments go for $4,898/month, on average. You’ll find the third most expensive apartments in zip code 10023 (Upper West Side), renting for a hefty average of $4,892/month.

What are the best locations to find cheap rent?

If you’re looking to trade off the pricey big city life for as little rent as possible, then you may want to consider moving to Wichita, Kansas. Zip codes 67213 and 67211, both located in Wichita, have average rent prices starting around $400/month. Why would you move to Kansas? You might be interested in getting an aircraft manufacturing job or are just attracted by the idea that a month of rent in Manhattan will get you a year worth of rent here. There’s also Decatur, Alabama, where you’ll find apartments for $458/month on average. In fact, there are 10 zip codes with rents under $500/month to choose from.

Want to pay less than half the national average monthly rent? Here’s a list of U.S. zip codes with rents under $600/month:

ZIP Codes with Average Rents Below $600

# ZIP Code City State Average Rent 1 67213 Wichita KS $407 2 67211 Wichita KS $454 3 35601 Decatur AL $458 4 38106 Memphis TN $464 5 67204 Wichita KS $475 6 31903 Columbus GA $482 7 38127 Memphis TN $487 8 67218 Wichita KS $490 9 38114 Memphis TN $494 10 46809 Fort Wayne IN $495 11 35810 Huntsville AL $503 12 37777 Louisville TN $507 13 72076 Gravel Ridge AR $508 14 67210 Wichita KS $508 15 72301 West Memphis AR $509 16 35611 Athens AL $510 17 43611 Toledo OH $518 18 67217 Wichita KS $522 19 43616 Oregon OH $522 20 43609 Toledo OH $524 21 46816 Fort Wayne IN $524 22 43612 Toledo OH $526 23 40215 Louisville KY $527 24 35805 Huntsville AL $530 25 63137 St. Louis MO $530 26 46550 Nappanee IN $531 27 48420 Clio MI $538 28 46201 Indianapolis IN $540 29 72209 Little Rock AR $544 30 67501 Hutchinson KS $544 31 43620 Toledo OH $545 32 89703 Carson City NV $547 33 72118 North Little Rock AR $548 34 38118 Memphis TN $548 35 45414 Dayton OH $549 36 73109 Oklahoma City OK $549 37 29646 Greenwood SC $549 38 74116 Tulsa OK $549 39 43613 Toledo OH $550 40 67203 Wichita KS $551 41 32209 Jacksonville FL $553 42 44111 Cleveland OH $557 43 48458 Mount Morris MI $557 44 46805 Fort Wayne IN $560 45 67216 Wichita KS $560 46 45225 Cincinnati OH $561 47 32310 Tallahassee FL $561 48 45232 Cincinnati OH $562 49 38109 Memphis TN $562 50 73107 Oklahoma City OK $562 51 38116 Memphis TN $563 52 74129 Tulsa OK $564 53 73036 El Reno OK $564 54 53208 Milwaukee WI $564 55 35603 Decatur AL $566 56 31204 Macon GA $566 57 64050 Independence MO $567 58 49107 Buchanan MI $568 59 27105 Winston-Salem NC $569 60 73127 Oklahoma City OK $570 61 44110 Cleveland OH $571 62 46563 Plymouth IN $573 63 46235 Indianapolis IN $573 64 15227 Brentwood PA $573 65 45205 Cincinnati OH $574 66 48234 Detroit MI $574 67 68104 Omaha NE $574 68 35020 Bessemer AL $575 69 48228 Detroit MI $576 70 44109 Cleveland OH $576 71 38122 Memphis TN $577 72 31093 Warner Robins GA $577 73 74112 Tulsa OK $578 74 40160 Radcliff KY $578 75 43223 Columbus OH $578 76 48503 Flint MI $579 77 74146 Tulsa OK $581 78 31206 Macon GA $582 79 85714 Tucson AZ $583 80 45377 Vandalia OH $584 81 63111 St. Louis MO $584 82 73119 Oklahoma City OK $584 83 73018 Chickasha OK $585 84 44052 Lorain OH $585 85 38128 Memphis TN $585 86 76541 Killeen TX $585 87 85019 Phoenix AZ $585 88 63069 Pacific MO $587 89 31211 Macon GA $587 90 98902 Yakima WA $589 91 73115 Del City OK $590 92 37803 Maryville TN $591 93 44053 Lorain OH $592 94 36619 Mobile AL $592 95 35769 Scottsboro AL $592 96 70805 Baton Rouge LA $592 97 74136 Tulsa OK $593 98 30906 Augusta GA $593 99 45505 Springfield OH $594 100 79336 Levelland TX $594 101 48507 Flint MI $595 102 74006 Bartlesville OK $596 103 66102 Kansas City KS $596 104 67207 Wichita KS $596 105 63136 Ferguson MO $597 106 40505 Lexington KY $597 107 78520 Brownsville TX $597 108 46218 Indianapolis IN $599 109 73122 Oklahoma City OK $599 110 72019 Benton AR $599

Table by RENTCafe.

Methodology:

This study uses the actual rent charged in apartment buildings with 50 or more rental units, located in 125 U.S. markets, totaling approximately 15 million apartment units.

Zip codes with less than 200 rental units and less than 3 properties were not included in the study.

Average rent prices are as of March 2017.

Rent data provided by our sister company Yardi Matrix, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. For more information, visit https://www.yardimatrix.com/.

Fair use and redistribution We encourage you and freely grant you permission to reuse, host, or repost the images in this article. When doing so, we only ask that you kindly attribute the authors by linking to RENTCafe.com or this page, so that your readers can learn more about this project, the research behind it and its methodology. For more in-depth, customized data, please contact us at media@rentcafe.com.

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