The lowest and highest-priced US zip codes for renting a home
Some areas and city districts in the U.S. are widely perceived to be synonymous with the exorbitant prices on real estate, particularly on home rents. The RENTCaf√© report revealed the latest information on the top pricey areas for renters.
It doesn't come as a surprise that Manhattan receives the top 3 spots of the rating and another 9 below on the list with the average apartment rents going as high as $5,924 per month. Next to it comes San Francisco and Boston with the average rents $4,762 and $4,227 respectively. The high prices on real estate generally stem from the proximity to the business centers of the city and transportation outlets, beautiful architecture, green areas and well-developed infrastructure.
For those looking for the cheapest real estate in the country, Kansas and Alabama remain leaders in the list of places with the monthly rents below $600. As of March 2017, the average home rents in Wichita, KS start from $407.