A view of the Golden Gate Brdige from the Marin Headlands on May 27, 2012 in San Francisco, California. (Photo by Ezra Shaw/Getty Images)
You’ve heard it before: It’s really expensive to live in New York or San Francisco. The amount some people in those cities spend on rent in one year would be enough for a down payment on a home in much of the country.
To figure out which areas of these pricey locales have the most outrageous rents, RENTCafé, an apartment-search website, analyzed the rents charged in apartment buildings with 50 or more rental units in ZIP codes containing at least 200 rental units.
The data comes from Yardi Matrix, a rental market data service, and includes rents for units of all sizes from 2015. It was a nationwide analysis, but the 20 most expensive ZIP codes for renters were all in two states: New York and California. The list is overwhelmed by New York City ZIP codes — actually, even that’s too broad a category. They’re all in one part of New York: Manhattan.
It would take a pretty hefty income to be able to afford these areas. On top of the cost, there’s the fact that these are highly competitive rental markets, so even if you could pay thousands of dollars in rent each month, getting a place wouldn’t be easy.
So if you feel like your building charges a ton in rent, looking at this list of high-end ZIP codes might make you feel a little better. Unless, of course, you live in any of these places.
ZIP codes are in New York City unless otherwise noted.
Includes Ocean Park and Sunset Park neighborhoods in Santa Monica, California Median monthly rent in 2015: $3,832
Includes Potrero Hill and Dogpatch in San Francisco Median rent: $3,851
17. 10038 (tie)
Includes Lower Manhattan Median rent: $3,855
17. 10069 (tie)
Includes Upper West Side Median rent: $3,855
Includes Upper West Side Median rent: $3,890
Includes Murray Hill and Kips Bay Median rent: $3,895
Includes Yerba Buena and South Beach in San Francisco Median rent: $3,911
Mission Bay in San Francisco Median rent: $3,931
Includes Hell’s Kitchen, Midtown West Median rent: $3,960
Includes Morningside Heights and Harlem Median rent: $3,990
Includes Lower East Side Median rent: $4,032
Includes Union Square and Gramercy Median rent: $4,095
Includes Midtown West and Chelsea Median rent: $4,150
Includes Upper West Side Median rent: $4,185
Belvedere Tiburon, California Median rent: $4,195
4. 10065 (tie)
Includes Lenox Hill Median rent: $4,200
4. 10010 (tie)
Includes Gramercy and Flatiron Median rent: $4,200
Includes Tribeca Median rent: $4,615
Includes the West Village Median rent: $4,650
Includes Hell’s Kitchen, Midtown West, Times Square and Theater District Median rent: $4,720