Top 10 highest rental markets in 2012

Dec 26, 2012
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Houston, TX

They say all things are bigger in Texas. And now Texans can include what they pay for rentals.

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Oakland, CA

Oakland saw rents surge, partly fueled by renters priced out of San Francisco, which is still booming with tech talent.

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Miami, FL

The Sunshine State suffered more than the rest of the country during bust of the housing market. Record foreclosures and a weak economy have left many unable to qualify for a decent mortgage, making renting the next best option.

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Denver, CO

In a city where construction of apartments hasn't kept up with demand, rents surged more here than in most U.S. cities.

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Philadelphia, PA

The City of Brotherly Love isn't as kind to renters these days, where prices climbed more than its bigger neighbor, New York City.

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Seattle, WA

The Seattle area is home to big corporate headquarters like Microsoft and Amazon, which have helped its economy stay strong. Rents have surged as the supply of properties remains tight.

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Minneapolis-St.Paul, MN

It seems builders aren't building apartments fast enough in the Twin Cities. Rents have risen rapidly, even as construction of new apartments grows.

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Chicago, IL

The windy city has seen rents rise rapidly as builders try to build enough apartments to keep up with demand.

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New York, NY-NJ

It's by far cheaper to rent than buy in Manhattan, but you can still expect to pay a lot to your landlord.

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San Francisco

Silicon Valley's tech boom and hiring frenzy of engineers and developers have helped rents soar.

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