The cheapest city to rent in the U.K. is London, where an average rent for an apartment is £731.50 per month.
But for a two-bedroom apartment in London, that’s only £1,907.25 a month, or £2,600 a year.
And in the United States, the average rent is $2,400 a month.
A study from Rentrak last month showed that rents in the Bay Area were up by 2.3 percent in the last year, and in Seattle, rents increased by 3.3%.
That makes the San Francisco-Oakland-San Jose area the priciest in the country.
It’s also one of the most unaffordable cities in the world.
In the Bay area, rent for a one-bedroom is $1,724.00, a two bedroom is $906.50, and a three-bedroom in the region is $1038.50.
In comparison, in Boston, the cost of renting an apartment in the Boston-Cambridge-Newton area is $5,200.00.
The most expensive city to live in, according to Rentrak, is Dubai, where a median rent is just over $2.5 million.
That’s $4,200 a year for a three bedroom in Dubai, or $1.3 million for a four bedroom.
Rentrak says that in the past decade, the number of apartments available to rent has nearly doubled.
