Expensive Neighborhoods For Renters In 2014
14 Priciest Neighborhoods for Renters:
Rents have been on the rise across the country in recent years, but
where, specifically, are renters facing some of the highest costs? A list of the most expensive neighborhoods for renters in
2014, factoring in more than just the monthly rent. How much of a renter’s paycheck goes toward rent
(most financial experts recommend no more than 25 to 30 percent of one’s
monthly income go toward rent); the median monthly household income;
overall cost of living; and inflation. Nationally, the average monthly cost to rent a one-bedroom apartment in August was $939, according to CoStar housing data. But Field Opens for Buyers, With investors pulling back, conventional home buyers are finding their way back into the market, read more.
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