What Can You Rent for $3,000 a Month?

Erika Riggs
August 28, 2012

Three grand a month is a hefty sum for most rental markets across America, but in a few major cities, it’s just the starting point.

New York City

The Big Apple, for example, is notorious for its high price of living, and Manhattan real estate is particularly steep. Upper West Side and Lower East Side home values hover around a million. Median rent prices throughout the city are $1,948 a month, although certain neighborhoods top $3,500 or more.

For $3,000 a month, you can find a variety of apartments in the city, but expect something on the smaller side if the place is located within Manhattan itself.

400 E 85th St Apt 8K, New York NY
For rent: $3,000/month

This Upper East Side apartment for rent measures over 600 square feet and has 1 bedroom and 1 bath. Built in 1959, the doorman-serviced building has an updated kitchen that comes with “foodie-worthy” appliances.

San Francisco

The other high-priced ‘hood is clear across the country from New York, but it boasts rent prices just as high or even higher. Currently, San Fran median rent is $3,020 and increasing 8 percent year-over-year.

Like Manhattan, San Francisco has limited space and a high demand for rentals, resulting in high premiums for tenants.

765 Market St #36E, San Francisco CA
For rent: $3,000/month

This 2-bed, 2.5-bath condo is situated in South of Market (SoMa) and is close to the headquarters of some of dot-com’s biggest names like Twitter, Zynga and Yelp. The Four Seasons residence includes “world-class” amenities as well as view of the Golden Gate bridge.

Los Angeles

Just south of San Francisco is another pricey locale. Home to the glitz and glamor of Hollywood, as well as its own number of business headquarters, Los Angeles has long been home to expensive real estate. Median home values in Los Angeles are $368,900 — jumping to over a million in some areas — with an estimated monthly rent price of $2,319.

2049 Argyle Ave, Los Angeles CA
For rent: $3,000/month

Rather than pick up a condo or apartment, renters can find single family homes for rent, including this early-1900s home for rent in Hollywood Hills. The traditional, stucco home has a full rose garden in its gated front yard, and the interior of the home has details like hardwood floors, built-ins in the dining and living room and 3 bedrooms.

> Find Homes for Rent on Zillow