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Apartment rentals are highest in these 20 cities

Last updated on: October 3, 2012 12:26 IST

Apartment rentals are highest in these 20 cities

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Eastern Europe and Africa have the most favourable housing conditions.

The highest rents typical for a city are paid in North America, the Middle East and Western Europe, says a UBS study.

The global average cost of a four-room apartment is around $2,630 per month.

Take a look at 20 cities where rentals are the highest according to the UBS study...

Hong Kong

Furnished 4-room apartment price range
Expensive: $4,490
Medium: $9,660
Cheap: $4,830

The UBS study lists the average cost of housing per month, which an apartment seeker would expect to pay on the free market at the time of the survey.

Rental prices (monthly gross rents) are based on apartments built after 1980 (4 rooms, kitchen, bathroom, with garage) including all ancillary costs. 

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Image: Hong Kong.
Photographs: Courtesy, Discover Hongkong.

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New York

Furnished 4-room apartment price range
Expensive: $14,100
Medium: $7,240
Cheap: $3,680

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Image: New York.
Photographs: Reuters.
Tags: , New York

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Tokyo

Furnished 4-room apartment price range

Expensive: $11,110
Medium: $6,180
Cheap: $3,910

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Image: Tokyo.
Photographs: Reuters.
Tags: , Tokyo

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Helsinki

Furnished 4-room apartment price range

Expensive: $10,360
Medium: $8,680
Cheap: $7,510

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Image: Helsinki.
Photographs: Mahlum/Wikimedia Commons.
Tags: , Helsinki

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London

Furnished 4-room apartment price range
Expensive: $8,560
Medium: $ 4,830
Cheap: $2,820

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Image: London.
Photographs: Reuters.
Tags: , London

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Miami

Furnished 4-room apartment price range
Expensive: $8,500
Medium: $2,690
Cheap: $1,630

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Image: Miami.
Photographs: Reuters.
Tags: , Miami

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Sydney

Furnished 4-room apartment price range
Expensive: $7,740
Medium: $4,180
Cheap: $3,130

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Image: Sydney.
Photographs: Reuters.
Tags:

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Dubai

Furnished 4-room apartment price range
Expensive: $7,300
Medium: $4,880
Cheap: $2,430

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Image: Dubai.
Photographs: Reuters.
Tags: , Dubai

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Chicago

Furnished 4-room apartment price range
Expensive: $6,940
Medium: $3,540
Cheap: $1,990

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Image: Chicago
Photographs: Reuters.
Tags: , Chicago

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Istanbul

Furnished 4-room apartment price range
Expensive: $6,890
Medium: $3,150
Cheap: $1,540

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Image: Istanbul.

Tags: , Istanbul

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Doha

Furnished 4-room apartment price range
Expensive: $6,240
Medium: $4,870
Cheap: $3,680

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Image: Doha.
Photographs: Wikimedia Commons.
Tags:

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Caracas

Furnished 4-room apartment price range
Expensive: $6,000
Medium: $3,820
Cheap: $2,250

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Image: Caracas.
Photographs: Reuters.
Tags:

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Moscow

Furnished 4-room apartment price range
Expensive: $5,920
Medium: $3,640
Cheap: $2,620

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Photographs: Anton Golubev/Reuters.
Tags: , Moscow

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Zurich

Furnished 4-room apartment price range
Expensive: $5,840
Medium: $4,480
Cheap: $2,680

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Photographs: Wikimedia Commons.
Tags: , Zurich

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Seoul

Furnished 4-room apartment price range
Expensive: $4,870
Medium: $3,440
Cheap: $1,750

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Image: Seoul Metro.
Photographs: Wikimedia Commons.
Tags: , Seoul

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Milan

Furnished 4-room apartment price range
Expensive: $4,680
Medium: $2,860
Cheap: $2,320

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Image: Trams in Milan.
Photographs: Reuters.
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Paris

Furnished 4-room apartment price range
Expensive: $4,660
Medium: $3,250
Cheap: $2,490

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Photographs: Charles Platiau/Reuters.
Tags: , Paris

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Rome

Furnished 4-room apartment price range
Expensive: $4,400
Medium: $3,240
Cheap: $1,550

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Image: Mauro Monteferri drives his Alfa Romeo Spider.
Photographs: Stefano Rellandini/Reuters.
Tags: , Rome

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Munich

Furnished 4-room apartment price range
Expensive: $4,140
Medium: $2,500
Cheap: $1,790

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Image: Trains are parked outside of the central station in Munich during heavy snowfalls in whole Bavaria.
Photographs: Michaela Rehle/Reuters.
Tags: , Munich

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Oslo

Furnished 4-room apartment price range
Expensive: $4,010
Medium: $3,250
Cheap: $2,210



Image: A tower created from Lego bricks is pictured completed in front of Oslo City Hall.
Photographs: Heiko Junge/Reuters.
Tags: Oslo

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