Special Report

The Big City With the Highest Rent in Every State

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Montana: Missoula
> Median monthly rental cost: $908 (Montana: $836)
> Share of income typically spent on rent: 29.3% (Montana: 27.7%)
> Rental occupied housing units: 41.4% (Montana: 31.5%)
> Median home value: $302,200 (Montana: $244,900)
> No. of metros considered in ranking: 3

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Nebraska: Omaha-Council Bluffs
> Median monthly rental cost: $952 (Nebraska: $857)
> Share of income typically spent on rent: 27.4% (Nebraska: 26.3%)
> Rental occupied housing units: 34.2% (Nebraska: 33.8%)
> Median home value: $181,200 (Nebraska: $164,000)
> No. of metros considered in ranking: 3

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Nevada: Las Vegas-Henderson-Paradise
> Median monthly rental cost: $1,181 (Nevada: $1,159)
> Share of income typically spent on rent: 30.9% (Nevada: 30.0%)
> Rental occupied housing units: 45.2% (Nevada: 42.9%)
> Median home value: $285,100 (Nevada: $290,200)
> No. of metros considered in ranking: 3

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New Hampshire: Manchester-Nashua
> Median monthly rental cost: $1,217 (New Hampshire: $1,145)
> Share of income typically spent on rent: 29.2% (New Hampshire: 28.6%)
> Rental occupied housing units: 34.3% (New Hampshire: 28.8%)
> Median home value: $287,900 (New Hampshire: $272,300)
> No. of metros considered in ranking: 1

*Because Manchester-Nashua is the only eligible metro in New Hampshire, it is the metro with the highest rent by default.

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New Jersey: Trenton-Princeton
> Median monthly rental cost: $1,311 (New Jersey: $1,368)
> Share of income typically spent on rent: 30.6% (New Jersey: 30.3%)
> Rental occupied housing units: 36.5% (New Jersey: 36.0%)
> Median home value: $290,100 (New Jersey: $343,500)
> No. of metros considered in ranking: 4

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