Special Report

Most Expensive Cities to Rent a Home

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50. Hilton Head Island-Bluffton, SC
> Median monthly rental cost: $1,203
> Share of income typically spent on rent: 31.1% — 87th highest of 384 metros (tied)
> Rental occupied housing units: 25.4% — 26th lowest of 384 metros
> Median home value: $295,000 — 54th highest of 384 metros

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49. Atlanta-Sandy Springs-Alpharetta, GA
> Median monthly rental cost: $1,205
> Share of income typically spent on rent: 29.8% — 145th highest of 384 metros (tied)
> Rental occupied housing units: 35.8% — 123rd highest of 384 metros
> Median home value: $233,700 — 115th highest of 384 metros

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48. Modesto, CA
> Median monthly rental cost: $1,210
> Share of income typically spent on rent: 31.2% — 85th highest of 384 metros (tied)
> Rental occupied housing units: 41.3% — 44th highest of 384 metros
> Median home value: $314,100 — 40th highest of 384 metros

Source: Sean Pavone / iStock via Getty Images

47. Manchester-Nashua, NH
> Median monthly rental cost: $1,217
> Share of income typically spent on rent: 29.2% — 179th highest of 384 metros (tied)
> Rental occupied housing units: 34.3% — 162nd highest of 384 metros
> Median home value: $287,900 — 61st highest of 384 metros

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46. Cape Coral-Fort Myers, FL
> Median monthly rental cost: $1,225
> Share of income typically spent on rent: 31.9% — 61st highest of 384 metros (tied)
> Rental occupied housing units: 27.3% — 43rd lowest of 384 metros
> Median home value: $235,300 — 114th highest of 384 metros

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