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Rent is Too Damn High: 90048 is #2 in CA and #6 in US

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90048 Zip Code

Among the top 10 most expensive ZIP Codes for rent in the United States, 3 are in California, split between two in Los Angeles/West Hollywood and one in San Francisco. The Top 10 in the study by RentCafe is filled out by Manhattan. In fact, the Top 50 is almost exclusively made up of these areas with only a handful of zip codes in Boston making the list.

The most-coveted locations for high-paying jobs and endless opportunities, New York City and California grab the most spots in the top 50 as priciest places to live in the U.S. Out of the 50 most expensive ZIP Codes, 28 are in New York City, with 26 in Manhattan and one each in Queens and Brooklyn. The ranking is completed by 18 California ZIP codes and 4 ZIP codes from Boston.

California’s highest rents are in ZIP Codes across Los Angeles, West Hollywood, San Francisco, Corte Madera, Redwood City, Culver City, Menlo Park, San Mateo, Mountain View, Marina Del Rey, Santa Monica, Cupertino and Sunnyvale, California apartments aren’t too far behind those in New York.

The most expensive ZIP Code outside of NYC is LA’s Westwood 90024, ranked fourth with an average rent of $4,944. In fifth place nationwide is Los Angeles ZIP Code 90048, covering parts of West Hollywood and Beverly Grove. It went up seven places compared to last year, seeing a 3.7% increase in average rent, reaching $4,896 per month.

Meanwhile, in San Francisco, 94105 is the highest-priced ZIP Code for renting, ranking sixth nationally. The area covering East Cut/Rincon Hill has an average apartment rent of $4,858 per month.

Boston is the only city outside of California and New York to make the top 50 list, with four ZIP Codes. The priciest rents are in 02210 in Boston’s Seaport District/West Broadway area, with an average apartment rent above $4,000, ranked 32 in the country. Boston also ranks 36, 39 and 40 with ZIP Codes 02111, 02116, and 02114, respectively.

For the full list, check out RentCafe.com

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