The Worst Cities in the US for Renters

According to Forbes:

No. 1: San Francisco

Average monthly rent, Q4 2014: $2,802
Year-over-year % change in apartment rent: 12.8%
Median household income, Q4 2014: $85,087
Avg. rent as a share of household income: 40% Apartment vacancy rate, Q4 2014: 3.6%

No. 2: Oakland

Average monthly rent, Q4 2014: $1,815
Year-over-year % change in apartment rent: 10.5%
Median household income, Q4 2014: $76,493
Avg. rent as a share of household income: 28% Apartment vacancy rate, Q4 2014: 2.9%

No. 3: San Jose

Average monthly rent, Q4 2014: $2,291
Year-over-year % change in apartment rent: 11.3%
Median household income, Q4 2014: $93,902
Avg. rent as a share of household income: 29% Apartment vacancy rate, Q4 2014: 3.5%



No. 4: Manhattan

Average monthly rent, Q4 2014: $3,290
Year-over-year % change in apartment rent: 3.4%
Median household income, Q4 2014: $74,915
Avg. rent as a share of household income: 53% Apartment vacancy rate, Q4 2014: 2.3%

No. 5: Los Angeles

Average monthly rent, Q4 2014: $1,785
Year-over-year % change in apartment rent: 6.4%
Median income, Q4 2014: $55,135
Avg. rent as a share of household income: 39% Apartment vacancy rate, Q4 2014: 3.3%


No. 6: San Diego

Average monthly rent, Q4 2014: $1,548
Year-over-year % change in apartment rent: 6.0%
Median household income, Q4 2014: $62,602
Avg. rent as a share of household income: 30% Apartment vacancy rate, Q4 2014: 3.4

No. 7 Northern NJ

Average monthly rent, Q4 2014: $1,898
Year-over-year % change in apartment rent: 0.7%
Median houshold income, Q4 2014: $73,235
Avg. rent as a share of household income: 31% Apartment vacancy rate, Q4 2014: 2.5%

No. 8: Boston

Average monthly rent, Q4 2014: $1,756
Year-over-year % change in apartment rent: 5.1%
Median household income, Q4 2014: $75,891
Avg. rent as a share of household income: 28% Apartment vacancy rate, Q4 2014: 4.0%

No. 9: Orange County, Calif.

Average monthly rent, Q4 2014: $1,722
Year-over-year % change in apartment rent: 3.5%
Median household income, Q4 2014: $75,531
Avg. rent as a share of household income: 27% Apartment vacancy rate, Q4 2014: 3.1%

No.10: Palm Beach

Average monthly rent, Q4 2014: $1,321
Year-over-year % change in apartment rent: 8.2%
Median household income, Q4 2014: $53,175
Avg. rent as a share of household income: 30% Apartment vacancy rate, Q4 2014: 5.8%