Apartments.com just came out with their list of the top 14 most expensive places to rent in the country and it got us thinking…. how does Katy, and specifically the sought after zip codes of 77494 and 77450, compare? According to Apartments.com, affordability is the #1 concern to today’s renters. But, a vibrant community and proximity to work or public transportation is what seems to drive these rent prices up. According to Apartment.com, the list as is follows….
14. Philadelphia: Rittenhouse Square ($1,860/month)
13. Pasadena, Calif.: Southwest Pasadena ($1,967/month)
12. Washington, D.C.: Foggy Bottom/GWU/West End ($2,662/month)
11. Queens, N.Y.: Hunters Point ($2,811/month)
10. San Diego, Calif.: Harborview ($2,206 /month)
9. Newport Beach, Calif.: Newport Center ($3,133/month)
8. Jersey City, N.J.: Historic Downtown ($3,068/month)
7. Great Neck, N.Y. (Nassau County): Great Neck Plaza ($3,223/month)
6. Palo Alto, Calif.: Crescent Park ($3,157/month)
5. Oakland/Emeryville, Calif.: Golden Gate ($3,695/month)
4. Boston: Government Center ($3,782/month)
3. San Francisco: Yerba Buena ($3,643/month)
2. Brooklyn, N.Y.: DUMBO (Down Under the Manhattan Bridge Overpass) ($4,023 /month)
1. Manhattan, N.Y.: Penn Plaza/Garment District ( $4,440/month)
Whew! I can remember my first apartment in Austin was $650/month. And even then, I could not believe it! Highway robbery I thought! In comparison, you can rent a single family home in the South Katy neighborhoods of 77450 and 77494 for an average of $1,481/month! And, with Texas’s low cost of living and thriving economy, it seems like a no brainer, right? Do you know anyone looking to move to Houston? We can help them find a fantastic rental home as a place to start!
And, if you are currently renting in one of the markets, can I stay with ya when I visit? Worth a shot.
QOTD: What was the rent at your first place?