Rittenhouse Square makes list of priciest places to rent

PHILADELPHIA (WPVI) -- Philadelphians who reside in Rittenhouse Square live in one of the priciest places in the country.

That's according to a survey by apartments.com, that broke down the cost of living by city neighborhoods.

Rittenhouse Square clocked in at number 14 on the list, with the average cost for a one bedroom lease just under $1,900 per month.

Two neighborhoods in New York City took the top two spots, with rent over $4,000 a month in each.

The study examined monthly rent, average income, and how much of a renter's paycheck went toward rent.

The list is as follows:

1. New York City: Penn Plaza / Garment District - $4,440
2. New York City: DUMBO (Down Under the Manhattan Bridge Overpass) - $4,023
3. San Francisco: Yerba Buena - $3,643
4. Boston: Government Center - $3,782
5. Oakland/Emeryville, CA: Golden Gate - $2,695
6. Palo Alto, CA: Crescent Park - $3,157
7. Great Neck, NY (Nassau County): Great Neck Plaza - $3,223
8. Jersey City, NJ: Historic Downtown - $3,068
9. Newport Beach, CA: Newport Center - $3,133
10. San Diego, CA: Harborview - $2,206
11. Queens, NY: Hunters Point - $2,811
12. Washington DC: Foggy Bottom / GWU / West End - $2,662
13. Pasadena, CA: Southwest Pasadena - $2,957
14. Philadelphia: Rittenhouse Square - $1,860

Good news though. Of the cities on the list, Philadelphia also offered the cheapest rental prices - around $600 in Frankford and North Philadelphia.
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