Earn Less Than $100,000 per Year? You Could Be Priced Out of Rentals in America’s Top 15 Cities

Earn Less Than $100,000 per Year? You Could Be Priced Out of Rentals in America’s Top 15 Cities
A "for rent" sign posted in front of an apartment building in San Francisco, Calif., on June 2, 2021. Justin Sullivan/Getty Images
Mary Prenon
Updated:
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If you earn less than $100,000 a year, you may find it difficult to secure a rental apartment in the top 15 cities in the United States. In fact, a recent report from Apartment Guide found that households need an annual income of at least $254,000 to rent an average apartment in New York City and $188,000 for a rental in Boston.

Rounding out the top five expensive U.S. cities for rentals are Oakland, California, with income requirements of over $177,000, followed by San Francisco at $173,400 and Los Angeles at $158,000.

Mary Prenon
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.
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