Nearly half of the top 10 cities in the U.S. where people are paying the most for rent are in the Golden State.
According to the report, New York ranked as the most expensive rental market in the country again, with rent at $3,021 per month. California
cities making that list. Santa Cruz , Napa , Santa Barbara , and Oxnard-Thousand Oaks all recorded median rent prices in August ranging from $2,770 to $3,200. Demand for single-family homes for rent is driving the market, according to Dwellsy. Rent prices for those homes are up more than 36% year over year, while apartment rents only rose 4.7%.
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