Boston ranks as the second-most expensive city for renters in the US, behind New York City. See the full list.

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Average rents in Boston have jumped to the second most expensive, overtaking San Francisco.

  • Average rents across the US have dropped for the second consecutive month, according to data.
  • New York City still holds the top spot as the most expensive city in the country for renters.
  • Average rents in Boston have jumped, making it the second-most expensive city for renters in the US.

Average rents across the US have dropped for the second consecutive month, according to a new report from the rental platform, Zumper.

Across the country, the median rent decreased by 0.8% for one-bedroom apartments and 0.7% for two-bedroom apartments.

New York City still holds the top spot on Zumper’s list of most expensive cities for renters. The average price for a one-bedroom apartment in the city was $3,860, down 2.3% since last month but up 24.5% year-on-year. The average cost of a two-bed in New York was $4,300, according to the data.

In Boston, the average price for a one-bed apartment rose by 5.9% month-on-month to $3,060. The price of a two-bed also increased by 4.2% to $3,500, according to the report.

Per the data, the city is the second-most expensive for renters in the US, ahead of San Francisco. The average price of a one-bed in the California city was $3,020, down by 2.6% from the previous month.

Here’s the full list:

1. New York

Average rent for a one-bed apartment is $3,860.

2. Boston

Average rent for a one-bed apartment is $3,060.

3. San Francisco

Average rent for a one-bed apartment is $3,020.

4. San Jose

Average rent for a one-bed apartment is $2,600.

5. Miami

Average rent for a one-bed apartment is $2,510.

6. San Diego

Average rent for a one-bed apartment is $2,500.

7. Los Angeles

Average rent for a one-bed apartment is $2,410.

8. Washington DC

Average rent for a one-bed apartment is $2,310.

9. Oakland

Average rent for a one-bed apartment is $2,200.

10. Santa Ana

Average rent for a one-bed apartment is $2,150.

Read the original article on Business Insider
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