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I'm going to update this thread over the years each time new quarterly data comes out.
"M.D." is a reference to Metropolitan Divisions, as designated by the census bureau. For cities with "M.D." that was the only data available. Which is better as it is since multipolar metropolitan areas have divergent price point averages depending on which of its principle cities we look at.
For everywhere else, it is Metropolitan Statistical Area (MSA).
This is as of Quarter 2 2016.
Average Monthly Studio Apartment Rent, Q2 2016:
- San Francisco, CA M.D.: $1,412
- Oakland, CA M.D.: $1,380
- San Jose, CA MSA: $1,348
- Honolulu, HI MSA: $1,334
- Washington, DC-MD-VA-WV MSA: $1,307
- New York, NY-NJ-PA MSA: $1,293
- Boston, MA-NJ MSA: $1,056
- Seattle, WA MSA: $1,049
- San Diego, CA MSA: $1,040
- Los Angeles, CA MSA: $947
- Virginia Beach-Norfolk, VA-NC MSA: $947
- Portland, OR-WA MSA: $886
- Chicago, IL-IN MSA: $860
- Baltimore, MD MSA: $851
- Philadelphia, PA-NJ-DE-MD MSA: $830
- Riverside/San Bernardino, CA MSA: $798
- Richmond, VA MSA: $795
- Denver, CO MSA: $775
- Miami, FL M.D.: $774
- Fort Lauderdale, FL M.D.: $773
- Atlanta, GA MSA: $764
- Portland, ME MSA: $762
- Hartford, CT MSA: $758
- Orlando, FL MSA: $748
- Austin, TX MSA: $740
- Charleston, SC MSA: $734
- Sacramento, CA MSA: $707
- Dallas, TX M.D.: $703
- Albany, NY MSA: $685
- Houston, TX MSA: $684
- Cape Coral-Fort Myers, FL MSA: $681
- New Orleans, LA MSA: $669
- Tampa, FL MSA: $668
- Fresno, CA MSA: $662
- Nashville, TN MSA: $661
- Savannah, GA MSA: $657
- Minneapolis/Saint Paul, MN-WI MSA: $656
- Madison, WI MSA: $655
- Providence, RI-MA MSA: $655
- Charlotte, NC-SC MSA: $653
- Raleigh, NC MSA: $644
- Las Vegas, NV MSA: $632
- Fort Worth, TX M.D.: $624
- Jacksonville, FL MSA: $616
- Birmingham, AL MSA: $613
- Salt Lake City, UT MSA: $603
- Memphis, TN-AR-MS MSA: $602
- Bakersfield, CA MSA: $601
- San Antonio, TX MSA: $597
- Harrisburg, PA MSA: $596
- Milwaukee, WI MSA: $596
- Phoenix, AZ MSA: $596
- Baton Rouge, LA MSA: $594
- Albuquerque, NM MSA: $591
- Buffalo, NY MSA: $589
- Des Moines, IA MSA: $577
- Rochester, NY MSA: $575
- Reno, NV MSA: $574
- Kansas City, MO-KS MSA: $562
- Saint Louis, MO-IL MSA: $558
- Pittsburgh, PA MSA: $556
- El Paso, TX MSA: $552
- Indianapolis, IN MSA: $552
- Louisville, KY-IN MSA: $551
- Colorado Springs, CO MSA: $550
- Syracuse, NY MSA: $545
- Oklahoma City, OK MSA: $542
- Columbia, SC MSA: $541
- Greensboro/Winston-Salem, NC MSA: $538
- Columbus, OH MSA: $532
- Detroit, MI MSA: $532
- Tucson, AZ MSA: $532
- McAllen, TX MSA: $528
- Little Rock, AR MSA: $526
- Grand Rapids, MI MSA: $521
- Fayetteville, AR MSA: $518
- Omaha, NE-IA MSA: $516
- Chattanooga, TN-GA MSA: $515
- Cincinnati, OH-KY-IN MSA: $509
- Greenville, SC MSA: $501
- Cleveland, OH MSA: $499
- Knoxville, TN MSA: $498
- Tulsa, OK MSA: $493
- Spokane, WA MSA: $488
- Boise, ID MSA: $487
- Wichita, KS MSA: $458
- San Juan, PR MSA: $407
Average Monthly One Bedroom, Q2 2016:
- San Francisco, CA M.D.: $1,814
- Oakland, CA M.D.: $1,663
- San Jose, CA MSA: $1,582
- Honolulu, HI MSA: $1,507
- Washington, DC-MD-VA-WV MSA: $1,402
- New York, NY-NJ-PA MSA: $1,357
- Boston, MA-NJ MSA: $1,261
- Seattle, WA MSA: $1,225
- Los Angeles, CA MSA: $1,154
- San Diego, CA MSA: $1,153
- Baltimore, MD MSA: $1,033
- Portland, OR-WA MSA: $1,021
- Philadelphia, PA-NJ-DE-MD MSA: $1,003
- Chicago, IL-IN MSA: $1,001
- Fort Lauderdale, FL M.D.: $980
- Miami, FL M.D.: $975
- Hartford, CT MSA: $968
- Denver, CO MSA: $965
- Virginia Beach-Norfolk, VA-NC MSA: $953
- Riverside/San Bernardino, CA MSA: $945
- Austin, TX MSA: $902
- Portland, ME MSA: $886
- Orlando, FL MSA: $835
- Richmond, VA MSA: $835
- Dallas, TX M.D.: $827
- Albany, NY MSA: $823
- Atlanta, GA MSA: $820
- Raleigh, NC MSA: $818
- Sacramento, CA MSA: $815
- Minneapolis/Saint Paul, MN-WI MSA: $813
- Providence, RI-MA MSA: $801
- Tampa, FL MSA: $795
- Jacksonville, FL MSA: $787
- New Orleans, LA MSA: $787
- Las Vegas, NV MSA: $781
- Madison, WI MSA: $780
- Savannah, GA MSA: $775
- Houston, TX MSA: $773
- Charleston, SC MSA: $772
- Albuquerque, NM MSA: $767
- Salt Lake City, UT MSA: $757
- Nashville, TN MSA: $756
- Charlotte, NC-SC MSA: $745
- San Antonio, TX MSA: $739
- Phoenix, AZ MSA: $735
- Cape Coral-Fort Myers, FL MSA: $730
- Baton Rouge, LA MSA: $728
- Birmingham, AL MSA: $726
- Milwaukee, WI MSA: $723
- Kansas City, MO-KS MSA: $721
- Fort Worth, TX M.D.: $718
- Reno, NV MSA: $711
- Harrisburg, PA MSA: $704
- Rochester, NY MSA: $702
- Memphis, TN-AR-MS MSA: $700
- Colorado Springs, CO MSA: $690
- Fresno, CA MSA: $690
- Columbia, SC MSA: $689
- Des Moines, IA MSA: $682
- El Paso, TX MSA: $669
- Omaha, NE-IA MSA: $666
- Knoxville, TN MSA: $663
- Detroit, MI MSA: $658
- Pittsburgh, PA MSA: $657
- Indianapolis, IN MSA: $651
- Saint Louis, MO-IL MSA: $645
- Louisville, KY-IN MSA: $644
- Tucson, AZ MSA: $644
- Bakersfield, CA MSA: $639
- Columbus, OH MSA: $638
- Greensboro/Winston-Salem, NC MSA: $637
- Syracuse, NY MSA: $637
- Little Rock, AR MSA: $633
- Grand Rapids, MI MSA: $627
- Buffalo, NY MSA: $626
- Boise, ID MSA: $617
- Chattanooga, TN-GA MSA: $616
- Cleveland, OH MSA: $614
- Oklahoma City, OK MSA: $614
- Greenville, SC MSA: $613
- Tulsa, OK MSA: $602
- Cincinnati, OH-KY-IN MSA: $600
- Spokane, WA MSA: $589
- McAllen, TX MSA: $561
- Wichita, KS MSA: $557
- Fayetteville, AR MSA: $548
- San Juan, PR MSA: $456
Average Monthly Two Bedrooms, Q2 2016:
- San Francisco, CA M.D.: $2,289
- Oakland, CA M.D.: $2,103
- San Jose, CA MSA: $1,994
- Honolulu, HI MSA: $1,985
- Washington, DC-MD-VA-WV MSA: $1,623
- New York, NY-NJ-PA MSA: $1,571
- Boston, MA-NJ MSA: $1,567
- Seattle, WA MSA: $1,523
- San Diego, CA MSA: $1,499
- Los Angeles, CA MSA: $1,490
- Baltimore, MD MSA: $1,298
- Fort Lauderdale, FL M.D.: $1,253
- Miami, FL M.D.: $1,250
- Denver, CO MSA: $1,227
- Hartford, CT MSA: $1,210
- Philadelphia, PA-NJ-DE-MD MSA: $1,210
- Portland, OR-WA MSA: $1,208
- Riverside/San Bernardino, CA MSA: $1,187
- Chicago, IL-IN MSA: $1,176
- Virginia Beach-Norfolk, VA-NC MSA: $1,150
- Austin, TX MSA: $1,126
- Portland, ME MSA: $1,109
- Minneapolis/Saint Paul, MN-WI MSA: $1,027
- Sacramento, CA MSA: $1,026
- Albany, NY MSA: $1,005
- Orlando, FL MSA: $1,003
- Tampa, FL MSA: $992
- Dallas, TX M.D.: $989
- Providence, RI-MA MSA: $972
- Las Vegas, NV MSA: $968
- Richmond, VA MSA: $966
- New Orleans, LA MSA: $963
- Jacksonville, FL MSA: $960
- Atlanta, GA MSA: $949
- Houston, TX MSA: $948
- Raleigh, NC MSA: $947
- Albuquerque, NM MSA: $941
- Salt Lake City, UT MSA: $938
- Madison, WI MSA: $936
- Reno, NV MSA: $931
- San Antonio, TX MSA: $929
- Charleston, SC MSA: $927
- Nashville, TN MSA: $925
- Phoenix, AZ MSA: $914
- Fort Worth, TX M.D.: $913
- Cape Coral-Fort Myers, FL MSA: $911
- Milwaukee, WI MSA: $907
- Savannah, GA MSA: $897
- Kansas City, MO-KS MSA: $893
- Colorado Springs, CO MSA: $891
- Harrisburg, PA MSA: $886
- Charlotte, NC-SC MSA: $864
- Detroit, MI MSA: $863
- Rochester, NY MSA: $863
- Fresno, CA MSA: $862
- Tucson, AZ MSA: $862
- Des Moines, IA MSA: $844
- Baton Rouge, LA MSA: $842
- Birmingham, AL MSA: $840
- Saint Louis, MO-IL MSA: $840
- Omaha, NE-IA MSA: $836
- Columbus, OH MSA: $831
- Memphis, TN-AR-MS MSA: $827
- Pittsburgh, PA MSA: $827
- Bakersfield, CA MSA: $826
- El Paso, TX MSA: $817
- Louisville, KY-IN MSA: $817
- Indianapolis, IN MSA: $809
- Syracuse, NY MSA: $809
- Knoxville, TN MSA: $807
- Columbia, SC MSA: $806
- Oklahoma City, OK MSA: $791
- Boise, ID MSA: $789
- Spokane, WA MSA: $789
- Cincinnati, OH-KY-IN MSA: $787
- Tulsa, OK MSA: $783
- Grand Rapids, MI MSA: $776
- Cleveland, OH MSA: $773
- Little Rock, AR MSA: $768
- Chattanooga, TN-GA MSA: $767
- Buffalo, NY MSA: $755
- Wichita, KS MSA: $742
- Greensboro/Winston-Salem, NC MSA: $741
- Greenville, SC MSA: $729
- McAllen, TX MSA: $729
- Fayetteville, AR MSA: $709
- San Juan, PR MSA: $548
Average Monthly Three Bedrooms, Q2 2016:
- San Francisco, CA M.D.: $2,987
- Oakland, CA M.D.: $2,932
- Honolulu, HI MSA: $2,893
- San Jose, CA MSA: $2,777
- Seattle, WA MSA: $2,220
- San Diego, CA MSA: $2,167
- Washington, DC-MD-VA-WV MSA: $2,144
- New York, NY-NJ-PA MSA: $2,021
- Los Angeles, CA MSA: $2,009
- Boston, MA-NJ MSA: $1,945
- Fort Lauderdale, FL M.D.: $1,790
- Denver, CO MSA: $1,788
- Portland, OR-WA MSA: $1,757
- Riverside/San Bernardino, CA MSA: $1,672
- Miami, FL M.D.: $1,671
- Baltimore, MD MSA: $1,663
- Virginia Beach-Norfolk, VA-NC MSA: $1,601
- Austin, TX MSA: $1,523
- Hartford, CT MSA: $1,502
- Philadelphia, PA-NJ-DE-MD MSA: $1,502
- Sacramento, CA MSA: $1,495
- Chicago, IL-IN MSA: $1,494
- Portland, ME MSA: $1,489
- Minneapolis/Saint Paul, MN-WI MSA: $1,444
- Las Vegas, NV MSA: $1,411
- Reno, NV MSA: $1,357
- Albuquerque, NM MSA: $1,352
- Salt Lake City, UT MSA: $1,351
- Dallas, TX M.D.: $1,344
- Orlando, FL MSA: $1,332
- Phoenix, AZ MSA: $1,332
- Tampa, FL MSA: $1,319
- Colorado Springs, CO MSA: $1,299
- Madison, WI MSA: $1,294
- Houston, TX MSA: $1,291
- Richmond, VA MSA: $1,276
- Jacksonville, FL MSA: $1,270
- Tucson, AZ MSA: $1,256
- Atlanta, GA MSA: $1,253
- Fort Worth, TX M.D.: $1,249
- Albany, NY MSA: $1,247
- Nashville, TN MSA: $1,228
- Raleigh, NC MSA: $1,228
- San Antonio, TX MSA: $1,222
- Kansas City, MO-KS MSA: $1,219
- New Orleans, LA MSA: $1,219
- Fresno, CA MSA: $1,216
- Charleston, SC MSA: $1,213
- Savannah, GA MSA: $1,208
- Providence, RI-MA MSA: $1,206
- Cape Coral-Fort Myers, FL MSA: $1,195
- Bakersfield, CA MSA: $1,194
- Charlotte, NC-SC MSA: $1,173
- El Paso, TX MSA: $1,164
- Des Moines, IA MSA: $1,149
- Detroit, MI MSA: $1,148
- Milwaukee, WI MSA: $1,146
- Spokane, WA MSA: $1,143
- Boise, ID MSA: $1,142
- Birmingham, AL MSA: $1,134
- Harrisburg, PA MSA: $1,132
- Memphis, TN-AR-MS MSA: $1,128
- Omaha, NE-IA MSA: $1,127
- Louisville, KY-IN MSA: $1,123
- Saint Louis, MO-IL MSA: $1,109
- Cincinnati, OH-KY-IN MSA: $1,102
- Grand Rapids, MI MSA: $1,091
- Oklahoma City, OK MSA: $1,087
- Indianapolis, IN MSA: $1,084
- Rochester, NY MSA: $1,071
- Columbus, OH MSA: $1,065
- Columbia, SC MSA: $1,063
- Tulsa, OK MSA: $1,061
- Syracuse, NY MSA: $1,060
- Baton Rouge, LA MSA: $1,056
- Knoxville, TN MSA: $1,051
- Little Rock, AR MSA: $1,044
- Fayetteville, AR MSA: $1,030
- Pittsburgh, PA MSA: $1,026
- Chattanooga, TN-GA MSA: $1,019
- Cleveland, OH MSA: $1,017
- Wichita, KS MSA: $1,012
- Greensboro/Winston-Salem, NC MSA: $1,003
- Greenville, SC MSA: $963
- Buffalo, NY MSA: $959
- McAllen, TX MSA: $905
- San Juan, PR MSA: $736
Average Monthly Four Bedrooms, Q2 2016:
- San Francisco, CA M.D.: $3,556
- Oakland, CA M.D.: $3,268
- Honolulu, HI MSA: $3,140
- San Jose, CA MSA: $3,098
- Washington, DC-MD-VA-WV MSA: $2,726
- Seattle, WA MSA: $2,617
- San Diego, CA MSA: $2,329
- Los Angeles, CA MSA: $2,227
- New York, NY-NJ-PA MSA: $2,224
- Fort Lauderdale, FL M.D.: $2,188
- Boston, MA-NJ MSA: $2,148
- Portland, OR-WA MSA: $2,109
- Denver, CO MSA: $2,083
- Riverside/San Bernardino, CA MSA: $2,056
- Virginia Beach-Norfolk, VA-NC MSA: $2,008
- Miami, FL M.D.: $1,987
- Baltimore, MD MSA: $1,934
- Austin, TX MSA: $1,845
- Sacramento, CA MSA: $1,791
- Chicago, IL-IN MSA: $1,780
- Hartford, CT MSA: $1,721
- Dallas, TX M.D.: $1,702
- Minneapolis/Saint Paul, MN-WI MSA: $1,693
- Las Vegas, NV MSA: $1,690
- Philadelphia, PA-NJ-DE-MD MSA: $1,659
- Houston, TX MSA: $1,650
- Albuquerque, NM MSA: $1,643
- Reno, NV MSA: $1,625
- Orlando, FL MSA: $1,608
- Jacksonville, FL MSA: $1,578
- Salt Lake City, UT MSA: $1,575
- Tampa, FL MSA: $1,575
- Charleston, SC MSA: $1,566
- Fort Worth, TX M.D.: $1,562
- Portland, ME MSA: $1,561
- Phoenix, AZ MSA: $1,558
- Richmond, VA MSA: $1,557
- Colorado Springs, CO MSA: $1,556
- Atlanta, GA MSA: $1,532
- Raleigh, NC MSA: $1,513
- Tucson, AZ MSA: $1,480
- Madison, WI MSA: $1,479
- Charlotte, NC-SC MSA: $1,469
- New Orleans, LA MSA: $1,464
- Providence, RI-MA MSA: $1,452
- Bakersfield, CA MSA: $1,442
- Nashville, TN MSA: $1,433
- Fresno, CA MSA: $1,430
- San Antonio, TX MSA: $1,430
- Savannah, GA MSA: $1,412
- El Paso, TX MSA: $1,386
- Kansas City, MO-KS MSA: $1,385
- Albany, NY MSA: $1,378
- Knoxville, TN MSA: $1,353
- Boise, ID MSA: $1,352
- Baton Rouge, LA MSA: $1,331
- Memphis, TN-AR-MS MSA: $1,309
- Columbia, SC MSA: $1,305
- Oklahoma City, OK MSA: $1,305
- Cincinnati, OH-KY-IN MSA: $1,297
- Saint Louis, MO-IL MSA: $1,284
- Louisville, KY-IN MSA: $1,275
- Milwaukee, WI MSA: $1,266
- Spokane, WA MSA: $1,263
- Cape Coral-Fort Myers, FL MSA: $1,255
- Birmingham, AL MSA: $1,250
- Des Moines, IA MSA: $1,249
- Chattanooga, TN-GA MSA: $1,247
- Columbus, OH MSA: $1,243
- Fayetteville, AR MSA: $1,238
- Detroit, MI MSA: $1,234
- Omaha, NE-IA MSA: $1,233
- Indianapolis, IN MSA: $1,230
- Grand Rapids, MI MSA: $1,228
- Little Rock, AR MSA: $1,222
- Harrisburg, PA MSA: $1,214
- Greenville, SC MSA: $1,196
- Greensboro/Winston-Salem, NC MSA: $1,185
- Rochester, NY MSA: $1,183
- Syracuse, NY MSA: $1,153
- Tulsa, OK MSA: $1,153
- Wichita, KS MSA: $1,144
- Pittsburgh, PA MSA: $1,134
- McAllen, TX MSA: $1,099
- Buffalo, NY MSA: $1,098
- Cleveland, OH MSA: $1,073
- San Juan, PR MSA: $895
I don't see how Dallas and Ft. Worth can be that far apart, for being in the same metro. I see that MSP is given as 1 number. Is that because Minneapolis and St. Paul are so close in rent?
I don't see how Dallas and Ft. Worth can be that far apart, for being in the same metro. I see that MSP is given as 1 number. Is that because Minneapolis and St. Paul are so close in rent?
They are adjacent cities in the same metro. These numbers will not differentiate between the two. The number you are seeing would cover both of them. I think your confusion is because Dallas and Fort Worth are separated into metro divisions (divided in the same metro). The DFW is multi-nodal with the two core cities being at opposing ends of the region. Minneapolis and St. Paul share a border and create a singular core.
Location: That star on your map in the middle of the East Coast, DMV
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Quote:
Originally Posted by waronxmas
The Bay Area's numbers don't surprise me, but DC does. Haven't they been adding a ton of inventory over the last few years?
Tons of inventory, with tons more in the pipeline, yet still not enough to keep up with demand however. The core of DC is becoming more pricey than even I ever imagined. Almost everything either along metro lines or in the immediate core of the region be un-affordable pretty soon, it's only a matter of when. Also lets not forget the effects of height limits in the city.
Tons of inventory, with tons more in the pipeline, yet still not enough to keep up with demand however. The core of DC is becoming more pricey than even I ever imagined. Almost everything either along metro lines or in the immediate core of the region be un-affordable pretty soon, it's only a matter of when. Also lets not forget the effects of height limits in the city.
I was talking with someone about this yesterday. As the prices go up in DC, it also pushes the prices up in suburbs outside of DC, it's becoming a cycle that feeds itself. The prices keep getting higher and higher, you'd think it'll stop or slow down at some point, but the prices continue to climb.
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