The Renter Budget: Most and Least Costly Cities

Renters’ budgets are being stretched in many cities—but some more than others, according to a new study by GOBankingRates. The most costly:

  1. San Francisco, Calif.
    Median Rent (One-Bedroom Apartment): $3,395
  1. San Jose, Calif.
    Median Rent (One-Bedroom Apartment): $2,505
  1. New York
    Median Rent (One-Bedroom Apartment): $2,395
  1. Washington, D.C.
    Median Rent (One-Bedroom Apartment): $2,271
  1. Jersey City, N.J.
    Median Rent (One-Bedroom Apartment): $2,200

The least costly:

  1. El Paso, Texas
    Median Rent (One-Bedroom Apartment): $555
  1. Detroit, Mich.
    Median Rent (One-Bedroom Apartment): $600
  1. Wichita, Kan.
    Median Rent (One-Bedroom Apartment): $625
  1. Tucson, Ariz.
    Median Rent (One-Bedroom Apartment): $628
  1. Fresno, Calif.
    Median Rent (One-Bedroom Apartment): $650

Source: GOBankingRates

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