Try Not to Freak Out: What Rent Costs in America's Priciest Zip Codes

Try Not to Freak Out: What Rent Costs in America's Priciest Zip Codes

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Brittney Morgan
Aug 17, 2017
(Image credit: Kirstin Mckee/Stocksy)

If you had to guess where the most expensive neighborhood in the country is, what would you say?

The answer probably won't surprise you. According to a recent report from RentCafe, the zip code with the highest average rent is 10282—AKA the upper part of Battery Park City in Lower Manhattan—right by the water, and just north of the World Trade Center. The rent there? A whopping $5,924.

In second place is 10065, the lower portion of the Upper East Side with an average rent of $4,898, and in third place (and with an average rent just $6 lower)... yep, you guessed it, also Manhattan, but this time on the opposite side of Central Park—10023, or the Upper West Side.

In fact, Manhattan takes 16 (sixteen!!) of the top 20 spots—leaving just one zip code in Boston at No. 12 (02199, if you were wondering) and three in San Francisco at No. 4, No. 9 and No. 16 (94129, 94105, and 94158, respectively).

For comparison, RentCafe also listed the top 20 zip codes with the lowest average rent costs. The top two spots on the low-rent list, with an average rent of only $407 and $454 respectively, go to 67213 and 67211 in Wichita, Kansas. (Wichita actually takes 6 of the top 20 spots).

In third place? Decatur, Alabama, with an average rent of $458. And the rest of the top 20 is made up of neighborhoods in Tennessee, Georgia, Arkansas, and Ohio.

The report looked at rent data for over 15 million rental units. It's worth noting, however, that there's no rent data for Montana, North Dakota, South Dakota, West Virginia and Wyoming—so if you were looking for rent prices in those states, you won't find them on the list.

You can view an interactive map of the report at RentCafe, so you can see the rest of the states covered and where they fall.

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