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Trendingnow

1

How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

2

Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house

3

The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner

1

How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

2

Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house

3

The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner

Top 10 highest rental markets in 2012

By
Nin-Hai Tseng
Nin-Hai Tseng,
Brett Krasnove
Brett Krasnove, and
Brett Krasnove
Brett Krasnove
Down Arrow Button Icon
By
Nin-Hai Tseng
Nin-Hai Tseng,
Brett Krasnove
Brett Krasnove, and
Brett Krasnove
Brett Krasnove
Down Arrow Button Icon
December 26, 2012, 9:11 AM ET
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Houston, TX

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

Oakland, CA

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

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.

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.

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.

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.

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.

Chicago, IL

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

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.

San Francisco

Silicon Valley's tech boom and hiring frenzy of engineers and developers have helped rents soar.
About the Authors
By Nin-Hai Tseng
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By Brett Krasnove
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By Brett Krasnove
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