More and more wealthy Americans are opting to engage homes in hip neighborhood of major cities or else of shipping off to the suburban area . While earlier generations save up to purchase a suburban house , these days , those with money are often paying a premium to live in areas pack with pleasant-tasting restaurants , honored cultural institutions , and exciting nightlife . for describe where affluent renter - by - choice are resolve to live , HomeUnioncompiled a list of the neighborhoods with the highest average rent across the United States .
The list designate the most expensive neighborhoods where more than a one-quarter of the real the three estates market is rental stock . While only the wealthiest Americans are potential to find this list useful as a house - hunting putz , HomeUnion ’s findings give fascinating insights into the neighborhoods moneyed renters believe most worthy . Plus , if you ’re currently looking to rent a home in a major urban center , the list usefully pinpoints some of the areas you might want to forfend if you ’re not willing to shell out big bucks on rent .
1 . Tribeca ( New York , NY)Average Rent : $ 8,762Median Household Income : $ 204,822
2 . FiDi / Rincon Hill ( San Francisco , CA)Average Rent : $ 4,980Median Household Income : $ 151,879
3 . Newport - Jersey City ( northerly New Jersey)Average rip : $ 2,910Median Household Income : $ 143,846
4 . Herndon , VA ( Washington , D.C.)Average Rent : $ 2,462Median Household Income : $ 142,488
5 . Manhattan Beach ( Los Angeles , CA)Average Rent : $ 6,323Median Household Income : $ 139,898
6 . Cupertino ( San Jose , CA)Average Rent : $ 4,384Median Household Income : $ 129,371
7 . Camel Valley ( San Diego , CA)Average Rent : $ 3,988Median Household Income : $ 126,841
8 . Chestnut Hill ( Boston , MA)Average Rent : $ 4,070Median Household Income : $ 120,993
9 . Rockridge ( Oakland , CA)Average Rent : $ 4,670Median Household Income : $ 120,236
10 . Corona Del Mar ( Orange County , CA)Average Rent : $ 5,109Median Household Income : $ 119,091
11 . Highland Park ( Dallas , TX)Average Rent : $ 4,268Median Household Income : $ 108,973
12 . Bryn Mawr ( Philadelphia , PA)Average Rent : $ 2,889Median Household Income : $ 104,337
13 . Kirkland ( Seattle , WA)Average Rent : $ 2,793Median Household Income : $ 103,962
14 . Buckhead Heights ( Atlanta , GA)Average Rent : $ 2,307Median Household Income : $ 100,662
15 . Carey ( Raleigh , NC)Average Rent : $ 1,979Median Household Income : $ 99,489
16 . Lone Tree ( Denver , CO)Average Rent : $ 3,019Median Household Income : $ 99,398
17 . Chicago Loop ( Chicago , IL)Average Rent : $ 2,275Median Household Income : $ 97,645
18 . Rice Military ( Houston , TX)Average Rent : $ 2,858Median Household Income : $ 97,546
19 . Baldwin Park ( Orlando , FL)Average Rent : $ 2,553Median Household Income : $ 95,292
20 . Franklin ( Nashville , TN)Average Rent : $ 2,534Median Household Income : $ 94,458
[ h / tBusiness Insider ]
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