Williston ND

Where is the most expensive small apartment in the U.S.?

New York City, right? Wrong!

Surely, it’s San Francisco. Nope.

What about Los Angeles? No way, dude.

To the surprise of just about everyone, Williston, ND, now leads the nation for the highest average cost of a basic one-bedroom apartment. A study by Apartment Guide, a website for apartment hunters, found that a basic one-bedroom apartment in Williston rented for an average of $2,394 in December.

Why Williston?

The answer actually is pretty simple. Williston is experiencing an oil boom, drawing thousands of new residents seeking to capitalize on the gusher of cash. The population of Williston has doubled in just the past four years.

“The oil boom has created many high-paying jobs in the area, and apartments can’t be built fast enough to accommodate the influx of workers—many of whom make six figures per year,” Apartment Guide explained. “The apartments that are already there are in high demand, so they get snatched up immediately, and for a pretty penny.”

renaissance heights

A groundbreaking ceremony for an apartment complex in Williston, ND.

It’s the old principle of supply and demand. If demand exceeds supply, then the price of an apartment—or anything else—goes up.

According to Apartment Guide, this means a 700-square-foot, one-bedroom, one-bath apartment in Williston easily can rent for more than $2,000 a month. Want a three-bedroom, three-bath apartment in Williston? Be prepared to fork over more than $4,500 a month.

Here’s the Apartment Guide list of the areas that are home to the highest average monthly rent for an apartment with the most basic floor plan:

  1. Williston, ND—$2,394
  2. San Jose, CA—$1,881
  3. San Francisco-Oakland, CA—$1,776
  4. Dickinson, ND—$1,733
  5. Key West, FL—$1,640
  6. Boston, MA—$1,537
  7. New York, NY—$1,504
  8. Los Angeles-Long Beach, CA—$1,411
  9. Oxnard-Thousand Oaks-Ventura, CA—$1,387
  10. Santa Barbara, CA—$1,346

To check out Apartment Guide’s map of apartment rents across the U.S., visit http://bit.ly/1f6lCEE.

  • BruceREFM

    Wow, very cool, supply and demand at work.

  • wessin1969

    Parker back wounds simple Blazers 4-1 success over the Spurs around the European Meeting Finals in some consecutive years, Beijing period on Could 17, NBA playoffs continue. Significant History 3-1 steer Spurs at home contrary to the Piste Blazers upon. Spurs at some point advance 104 82 home succeed Significant Score 4-1 associated with competitors for the finally year in a row in order to the European Meeting finals. Spurs a pair of outer – Danny Green and Leonard excellent operation, both have scored 22 tips, Lilly Duncan had 16 tips and pullled down and actions rebounds off the common Generators have scored eighteen tips, all these pioneers of the internet page, starting off most have scored around double figures possessed LaMarcus Aldridge 21 tips and 10 rebounds, Lillard possessed 17 tips and 10 allows, 18 tips got Matthews.

    Spurs 8-1 start, your Blazers strapped the game in spite of the action absent to lose, women and men Spurs, of course, your energy associated with higher http://www.dhruwalandankita.com/supra-skytop-1-c-13.html than a chip. Starting associated with the game, that they indicate a old a problem firepower. Duncan and Leonard shot after yet another, subsequently Duncan has mixed by free throws and then have scored some points. To get only a pair of Blazers Batum free throws on one issue, your Spurs played out a problem start to 8-1. Women and men Blazers slowly in order to experience again, as you move the Spurs offensive performance provides decreased. The primary area there are some seconds and 47 seconds Aldridge have scored 2 times in the hired, your Blazers will pick up your score 10-12. Spurs even now possibly not returning the feeling, the primary area there are couple of seconds 55 seconds, Batum layup, your Blazers before tips. On the following time your Spurs bench banded out and about, Ginobili remedy scoring drought, Generators furthermore re also -thirds Spurs the steer. The primary section of one more thirty seconds of the Blazers common Robinson layup, the primary section of both sides challenge towards 19 amounts.

    Leonard finally block a few, your Spurs going the second upra tk society for sale 1 / 4 in order to pull your significant score, your Spurs swept ineffective a problem downfall, Dior and Mills layup after another, having Danny Natural in the finally, your second Spurs happening commenced less than a pair of seconds around a shaft to play 7-2. Blazer Barton told the pollsters eventually on the finally, but Leonard by a finally, in order to draw a big history again. After participating in on the a problem, sheltering end Spurs also your push pioneer blacksmith often improved, by second 1 cheap timberland boots for women / 4 and 7 seconds and 50 seconds Lillard with a layup, your Blazers give hemorrhage. Women and men Spurs are not obscure, Natural and Leonard make some in a row, therefore , the Spurs lead associated with just about 10 tips.

    Area II final a pair of seconds, because Blazers returning some of the sensation Aldridge 2 times in the hired, and Matthews shots, your Blazers once in order to pick up the history 44 than forty nine. Ginobili subsequently make in the hired, your halftime score on 51 frames as 44th Mills debut experience hot, your Blazers no match for the Spurs second half commenced, sidelined having a upper leg muscles discomfort selection Generators from the common in order to replace your ex boyfriend Parker. Much like the last a pair of, your Spurs hit a wave or right a problem, Duncan, Break and Mills have scored 6 points. The primary area there are ten seconds and 33 seconds, based on Leonard steals back dunk, your Spurs took your steer 59 these days provides more than 44th.