Menu Close
Posted in Other Guys

Simply Unaffordable! Manhattan Has Nation’s Highest Rents Followed By San Francisco (Wichita KS The Cheapest)

New York City, composed resrticted land masses such as Manhattan, Brooklyn and Staten Island, has the most expensive housing rents in the nation followed by another restricted land mass known as San Francisco.

According to, Boston MA is the third most expensive area in terms of housing rents.

Now The Balance Begins To Shift

The balance between QE and Treasury supply will begin to shift in July. The underlying bid it has provided for stocks and Treasuries will begin to fade.

This report tells why, and what to look for in the data and the markets.  GO TO THE POST

Boston, of course, is located on the Atlantic Ocean and like New York City and San Francisco is massively congested.

On the flip side, Wichita KS has the lowest rents, followed by Decauter AL and Memphis TN.  These cities are all in “fly-over” states and not on an oceanic coast. Ohio makes the list with Toledo OH and Oregon OH (next to Toledo).  Apparently, few are willing to pay a Lake Erie premium.

New York City, San Francisco and Boston stick out like the proverbial sore thumb on a map of average rent.

Limited available space for construction of new housing supply and restrictions on land use are major drivers of rents. Of course, people and businesses are an important element in rent determination on the demand side. And environmental concerns can limit supply as well, such as in Phoenix AZ.

Simply unaffordable. At least in New York City, Boston and San Francisco.

Related Posts

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.