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The rental site RENTCafe this month released a tally of the most expensive ZIP codes for renters in the United States (compiled by the data analysis firm Yardi Matrix). By and large the results are a New York affair: 16 of the top 20 ZIPs in the country are located in Manhattan.
But there was little hope San Francisco wouldn’t slip onto the list somewhere. Most notably: The 94129 ZIP code came in fourth on the list, with a median market rent of about $4,762/month.
That ZIP covers the entirety of the Presidio, which doesn’t have very many homes relative to most neighborhoods, so calculating averages there can be slippery. However, Yardi Matrix says it collected a sample of actual rents paid on at least 50 units back in March.
Only one other San Francisco neighborhood broke into the top ten on the RENTCafe list: The 94105 ZIP, which covers most of South Beach and parts of Yerba Buena, and averages $4,380/month.
Mission Bay’s 94158 came in 16th ($4,070/month), and except for a single Boston neighborhood the rest was all Manhattan addresses.
Guess it really is a hell of a town.
So what does all that money actually get you in one of America’s most exclusively (and punishingly) expensive neighborhoods? Here’s the priciest units listed on Craigslist in the Presidio right now:
Three-bedroom, one-bath, $5,825/month
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Two-bedroom, one-bath, $5,025/month
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One-bedroom, one-and-a-half bath, $4,555/month
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One-bed, one-bath, $3,691/month
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- The Most Expensive ZIP Codes [RENTCafe]