Location, location, location. Rental markets are heating up all over the continent, but there are specific cities that are feeling the brunt of this phenomenon… Today’s post…maps 148 cities in the U.S. and Canada and color-codes these cities based on average rent price. Does anything surprise you about the map and data?
The original article has been edited here by munKNEE.com for length (…) and clarity ([ ])
- The size of each circle in the chart below corresponds to city size as reported by U.S. Census and Statistics Canada data, and they represent the populations of the cities themselves – not the surrounding metro population. This means that Long Beach, CA is not lumped into Los Angeles, CA, for example.
- The chart was inspired by a compilation of data from WalletWyse, who used Numbeo estimates of the cost of living across these cities. Numbeo bases its rent estimates based on user-generated data for each city.
- As a final note, we omitted cities from the original list with fewer than 100,000 residents, and we kept NYC split up into boroughs.
…[In summary,] although rents are rising everywhere, some cities are seeing clear separation from the rest of the pack.
|Rent||$1,000 or less||$1,000-$1,500||$1,500-$2,000||$2,000 or more|
|# of Cities||66||56||17||9|
|% of Cities||45%||38%||11%||6%|
There are 26 cities with rents higher than $1,500, and only two cities with rent over $3,000 (Manhattan and San Francisco).
Did anything surprise you about the map and data?