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Most expensive metropolitan areas in the U.S. 2019, by renter and owner housing costs

In 2019, San Jose-Sunnyvale-Santa Clara in California was the most expensive metropolitan area for both renting and owning a home in the United States. The median monthly housing costs for owners in 2019 were 2,609 U.S. dollars, whereas for renters they were 2,378 U.S. dollars. In all thirty metropolitan areas, renting was more affordable than buying. As of February 2021, the average rent for a three bedroom apartment was nearly 1,300 U.S. dollars.

Median monthly cost of owning and renting in selected metropolitan areas in the United States in 2019, by metropolitan area

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Sources

Release date

November 2020

Region

United States

Survey time period

2019

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Statistics on "Rental market in the United States"

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