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California dominates the list of most expensive U.S. rental cities, with San Francisco leading at $5,409 monthly.
California has 18 of the 20 most expensive cities for single-family home rentals in the U.S., according to Rentometer.
San Francisco is the priciest, with average monthly rents of $5,409.
The state's rental market growth is outpacing national trends, increasing by 6.5% year-over-year, compared to a 3% rise nationwide.
High mortgage rates and rising home prices are driving the demand for rental housing.
5 months ago
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