Top 3 cities in the United States where rental prices are too expensive?
An average American spends one-third of the money in his or her lifetime on renting costs. Obviously, the costs of rent vary from place to place. The variation of the cost is proportional to Physiological, geographical and environmental and other factors. Coastal areas are generally costlier than others. Also cost vary due to the size, location, population, height and condition of the apartment or the rented place.
The three cities in U.S.A that have the most expensive rents are listed below. Various factors such as climate, location, economy, trade, population, infrastructure etc. are responsible for the high rental charges.San Francisco in the states of California San Francisco is located in the northern parts of California. This hilly city rests on a peninsula encircled by the bay of San Francisco Bay and the Pacific. This picturesque city is memorable for annual fog, Golden Gate, and Victorian houses. Here the most unique skyscraper Transamerica Pyramid is present. The temperature is around 12 degrees here. With a population of nearly 8.65 million, the city has the highest rental prices in the states of America. A one bedroom costs nearly $4000 in a month.
New York in New York
The city of New York is comprised of 5 townships. It is located at the place where the river Hudson joins the Atlantic. Exactly, at the core of the city is Manhattan. It is one of the largest commercial, cultural and financial hearts of the world. The Central Park and the State Building, Times Square are significant sites of the city. The city has a population of 85.4 million. The temperature is quite pleasant here. Due to all these advantageous factors, the rents are quite high. A one bedroom flat costs $3,340 per month.
Boston in the states of Massachusetts
Boston is the capital of Massachusetts. It is the largest and oldest cities of America. The city played a significant role during American Revolution and is emphasized by Freedom Trail. The Faneuil Hall of Boston is very popular. With an average temperature of 18 degrees, the city is a hub of historical artifacts. The population density is about 6.7 million. Due to its heritage and location, the rents are quite costly. A single bedroom apartment costs $2,300 in a month.
These three cities are the cultural hubs of the world. They have the perfect climate, historical heritage, picturesque monuments, and halls. Because all these advantages, the rents are overpriced and very expensive.