These are the 10 most expensive metro areas in the U.S. for renters—4 of them are in California
Posted on AllSides June 19th, 2023
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The monthly cost to live in any major U.S. metropolis is only getting more and more expensive.
Just in May, Americans saw rents grow by 4.8% to about $2,048 a month on average nationally, according to Zillow Observed Rent Index data.
Lawn Love, a yard care business, ranked 2023′s most expensive metro area for renters. It compared 172 based on three categories: average rent prices, year-over-year rent charges, and the share of renters spending over 30% of their income on rent and utilities.
Overall, the report found that if you’re looking...
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