Average Rental Rates and Prices in Top US Cities

April 30, 2008 – 4:00 pm

Our launch yesterday of our free rental rates tool has been a huge success. With the massive amounts of data we receive each day for rental properties, we now have the ability to show current and historic rental rates at the city level.

Below is a list of some of the top cities and their average rental price for each bedroom. You can look at any city by playing with the free rental price tool on our rentBits.com home page. This data is the average rental price for the month of April, 2008.

Average rental rates / prices in New York, NY

1 Bedroom = $2,362
2 Bedroom = $3,518
3 Bedroom = $5,968

Average rental rates / prices in Los Angeles, CA

1 Bedroom = $1,583
2 Bedroom = $2,037
3 Bedroom = $2,744

Average rental rates / prices in Chicago, IL

1 Bedroom = $1,296
2 Bedroom = $1,794
3 Bedroom = $2,286

Average rental rates / prices in Phoenix, AZ

1 Bedroom = $826
2 Bedroom = $1,117
3 Bedroom = $1,323

Average rental rates / prices in San Antonio, TX

1 Bedroom = $612
2 Bedroom = $693
3 Bedroom = $1,020

Average rental rates / prices in San Diego, CA

1 Bedroom = $1,274
2 Bedroom = $1,963
3 Bedroom = $2,436

Average rental rates / prices in Dallas, TX

1 Bedroom = $921
2 Bedroom = $1,265
3 Bedroom = $1,541

Average rental rates / prices in San Jose, CA

1 Bedroom = $1,434
2 Bedroom = $1,628
3 Bedroom = $2,358

Average rental rates / prices in Denver, CO

1 Bedroom = $973
2 Bedroom = $1,026
3 Bedroom = $1,265

Average rental rates / prices in Las Vegas, NV

1 Bedroom = $972
2 Bedroom = $1,082
3 Bedroom = $1,347

Average rental rates / prices in Orlando, FL

1 Bedroom = $764
2 Bedroom = $970
3 Bedroom = $1,240

Average rental rates in more cities.