High-end, or luxury apartments, are usually larger, situated in desirable locations, and provide various amenities, such as sporting facilities, recreational areas, and in-building services. In Fresno, California, which was one of the 30 best large cities for renting a luxury apartment according to the source, the average monthly rent of a high-end apartment was 1,588 U.S. dollars as of February 2021.
Average rent in high-end apartments in selected cities in the United States as of February 2021
(in U.S. dollars)
cities with more than 300,000 residents, at least 1,000 units and 4 properties classified as high-end.
Supplementary notes
The source adds the following information: "The final rankings that determine “great value” are based on weights attributed to the main metrics: average rent as of February 2021 (35%), average square footage (35%), share of high-end units within a city (15%) and share of high-end units within top locations as defined by Yardi Matrix (15%)."
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RentCafé. (April 7, 2021). Average rent in high-end apartments in selected cities in the United States as of February 2021 (in U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1234847/average-luxury-apartment-rent-in-selected-large-cities-in-the-usa/
RentCafé. "Average rent in high-end apartments in selected cities in the United States as of February 2021 (in U.S. dollars)." Chart. April 7, 2021. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1234847/average-luxury-apartment-rent-in-selected-large-cities-in-the-usa/
RentCafé. (2021). Average rent in high-end apartments in selected cities in the United States as of February 2021 (in U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1234847/average-luxury-apartment-rent-in-selected-large-cities-in-the-usa/
RentCafé. "Average Rent in High-end Apartments in Selected Cities in The United States as of February 2021 (in U.S. Dollars)." Statista, Statista Inc., 7 Apr 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1234847/average-luxury-apartment-rent-in-selected-large-cities-in-the-usa/
RentCafé, Average rent in high-end apartments in selected cities in the United States as of February 2021 (in U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1234847/average-luxury-apartment-rent-in-selected-large-cities-in-the-usa/ (last visited November 10, 2024)
Average rent in high-end apartments in selected cities in the United States as of February 2021 (in U.S. dollars) [Graph], RentCafé, April 7, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1234847/average-luxury-apartment-rent-in-selected-large-cities-in-the-usa/
