Special Report

Most Expensive Cities to Rent a Home

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20. New York-Newark-Jersey City, NY-NJ-PA
> Median monthly rental cost: $1,483
> Share of income typically spent on rent: 31.0% — 95th highest of 384 metros (tied)
> Rental occupied housing units: 48.4% — 6th highest of 384 metros
> Median home value: $465,400 — 16th highest of 384 metros

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19. Bridgeport-Stamford-Norwalk, CT
> Median monthly rental cost: $1,511
> Share of income typically spent on rent: 32.2% — 50th highest of 384 metros (tied)
> Rental occupied housing units: 33.3% — 190th highest of 384 metros
> Median home value: $433,000 — 20th highest of 384 metros

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18. San Luis Obispo-Paso Robles, CA
> Median monthly rental cost: $1,535
> Share of income typically spent on rent: 32.5% — 41st highest of 384 metros (tied)
> Rental occupied housing units: 37.3% — 94th highest of 384 metros
> Median home value: $605,200 — 11th highest of 384 metros

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17. Kahului-Wailuku-Lahaina, HI
> Median monthly rental cost: $1,543
> Share of income typically spent on rent: 30.6% — 109th highest of 384 metros (tied)
> Rental occupied housing units: 37.5% — 91st highest of 384 metros
> Median home value: $657,400 — 6th highest of 384 metros

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16. Boston-Cambridge-Newton, MA-NH
> Median monthly rental cost: $1,555
> Share of income typically spent on rent: 29.3% — 173rd highest of 384 metros (tied)
> Rental occupied housing units: 38.3% — 75th highest of 384 metros
> Median home value: $461,500 — 17th highest of 384 metros

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