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Rent in North Dakota exceeds NY, LA

February 16, 2014

WILLISTON, North Dakota (AP) — A national study from an apartment renting guide shows that the North Dakota oil patch city of Williston has the highest average rent in America.

The Williston Herald reports that Apartment Guide found that a 700-square-foot (65-square-meter), one-bedroom apartment in Williston costs an average of $2,394 a month.

The same apartment would cost $1,504 in the New York area, $1,411 in Los Angeles or $1,537 in Boston.

Williston’s population has more than doubled since the 2010 Census, with estimates of more than 30,000 people within the city’s limits. Demand for housing has far exceeded supply during the boom.

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Information from: Williston Herald, http://www.willistonherald.com

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