Morning Headlines: Rittenhouse Rents Are 14th Most Expensive in the Country
We knew Rittenhouse was one the most high-priced neighborhoods in the city, but now Apartments.com says the area is actually among the most costliest in the country, ranking in at number 14! Apartments.com says rent there reaches up to $1,860.
The list includes two New York ‘hoods in the top two spots (both were over $4,000/month), Yerba Buena in San Francisco, Boston’s Government Center, and the Golden Gate neighborhood in Oakland/Emeryville, Calif.
Now if you’re wondering where the cheapest Philly rents are, the website names the 19124 (Juniata Park and Frankford) and 19132 (Strawberry Mansion and Allegheny West) zip codes where 1-bedrooms average at $600/month.
• Rittenhouse Rental Rates Are Among Highest in the Nation [Curbed Philly]
In other news…
• University City District turns vacancy into value [Daily Pennsylvanian]
• The Hidden River On Grand Display [Hidden City]
• Noble Town Center in Jenkintown sells for $31.5M [Business Journal]