Most Expensive Rent Prices in United States 2026

Most Expensive Rent in US

Many renters complain that the price of rent is often too high; but where is really it the highest in the United States? Here we take a detailed look into the actual rental real estate data behind the most expensive rent prices within the United States residential rental market, spotlighting various states and key metropolitan areas that stand out in terms of high rental costs.

Most Expensive State Rent

Hawaii (HI)
 

$2,8161

Most Expensive Metro Rent

Santa Cruz, CA Metro

$4,3451

Most Expensive City Rent

San Francisco, CA

$4,1691

1Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2026.


10 Most Expensive Rent States 2026

RankStateAverage Rent2
#1Hawaii (HI)$2,816
#2California (CA)$2,525
#3New Hampshire (NH)$2,278
#4New Jersey (NJ)$2,212
#5Vermont (VT)$2,173
#6Massachusetts (MA)$2,120
#7Rhode Island (RI)$2,032
#8Connecticut (CT)$1,953
#9Maine (ME)$1,862
#10Washington (WA)$1,854
2Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2026.
Bar Chart of 10 Most Expensive Rent US States 2026

10 Most Expensive Rent Metros 2026

RankMetroAverage Rent2
#1Santa Cruz-Watsonville, CA Metro$4,345
#2San Jose-Sunnyvale-Santa Clara, CA Metro$3,740
#3San Francisco, CA Metro$3,688
#4Santa Ana-Anaheim-Irvine, CA Metro$3,661
#5Santa Maria-Santa Barbara, CA Metro$3,410
#6San Diego-Chula Vista-Carlsbad, CA Metro$3,318
#7New York, NY Metro$3,139
#8Oakland-Fremont, CA Metro$3,115
#9Boston-Cambridge-Quincy, MA-NH Metro$3,039
#10Jersey City, NJ Metro$2,990
2Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2026.
Bar Chart of 10 Most Expensive Rent US Metros 2025

10 Most Expensive Rent Cities 2026

RankCity3Average Rent2
#1San Francisco, CA$4,169
#2New York City, NY$3,706
#3Boston, MA$3,442
#4Honolulu, HI$3,250
#5Miami, FL$3,203
#6San Diego, CA$3,087
#7San Jose, CA$3,019
#8Los Angeles, CA$2,887
#9Washington, DC$2,803
#10Jersey City, NJ$2,798
2Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2026. 3Minimum city population of 300,000
Bar Chart of 10 Most Expensive Rent US Cities 2026

Average Rent Prices by State

Analyzing U.S. rent prices by each state is an important aspect of market research that can unveils rental economic trends. With this information, real estate investors can better identify investment opportunities and understand market dynamics. Click on a State below to see its fair market residential rent price breakdown:


Cheapest Rent in the United States

The cheapest rent in the U.S. is an appealing topic for thrifty tenants and investors seeking lower price point properties.

Average Rent in the United States

Average Rent in the United States

Average rent prices across the United States provide excellent insights into highs, lows, and emerging market trends.

Rent Prices by State in the United States

Rental Property Rent Payments

Data on rents across the United States can provide excellent insights into highs, lows, and emerging market trends.

Online Rent Price Calculators

Need help with rent-related math? Use our rental property calculators to handle everything from price adjustments to fee calculations in just a few clicks.

1Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout the United States, excluding Puerto Rico.

Methodology

Areas with insufficient inventory or populations less than 25,000 were excluded from this analysis. Averages are based on the combined average of 0-4 bedroom residential rental properties throughout the United States excluding Puerto Rico.

Data

Rent prices are based on aggregated data from one and/or several sources noted below:

Disclaimer

The information included is used for illustrative purposes only. The data contained herein does not constitute financial, legal, or any material advice. Data is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals before making any material decisions.

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