As the number of renters packing up increases, during one of the busiest moving months of the year, Apartments.com has compiled a list of the 14 Most Expensive Neighborhoods for Renters in 2014. By adding up a variety of financial factors contributing to the overall cost of living—including average cost of rent, household income, percentage of paycheck spent on rent each month and inflation—renters can now see what it takes to live like the glitterati.  

1. New York City: Penn Plaza/Garment District 

Average Cost of Monthly Rent (1 BR): $4,440

Also known as the Fashion District, this neighborhood of less than one square mile is home to the majority of New York’s showrooms, numerous fashion labels, businesses and talent. 

2. New York City: DUMBO

Average Cost of Monthly Rent (1 BR): $4,023

An acronym for Down Under the Manhattan Bridge Overpass (DUMBO), this Brooklyn neighborhood is walkable, has waterfront access, and is abuzz with a thriving art scene, designer boutiques and Indy bookstores. DUMBO is also a hub for tech companies.

3. San Francisco: Yerba Buena 

Average Cost of Monthly Rent (1 BR): $3,643

One of San Francisco’s most dynamic areas packed with cultural institutions, shopping, urban green spaces and fine dining, this neighborhood attracts an eclectic crowd made up of urbanistas, fashionistas, entrepreneurs, foodies, retirees, night clubbers, hard workers and technologists.

4. Boston: Government Center 

Average Cost of Monthly Rent (1 BR): $3,782

Located in downtown Boston, the most dominant feature of this neighborhood is Boston City Hall, which was built in the 1960s. Other government buildings include two Suffolk County courthouses, two state office buildings, two federal office buildings and City Hall Plaza.

5. Oakland/Emeryville, CA: Golden Gate 

Average Cost of Monthly Rent (1 BR): $2,695

This diverse neighborhood is rapidly transforming into a popular hipster haven with drip coffee, vegan donuts and urban farming. San Pablo Avenue is the main shopping street and getting to Berkley, downtown Oakland or San Francisco is a breeze with public transit.

6. Palo Alto, CA: Crescent Park

Average Cost of Monthly Rent (1 BR): $3,157

With its large lots, traditional architecture and sprawling tree-lined streets, Crescent Park is one of Palo Alto’s most prestigious neighborhoods, offering residents a calm and serene atmosphere that has attracted some prominent dwellers, including former 49ers quarterback, Steve Young, and Facebook founder, Mark Zuckerberg.

7. Great Neck, NY (Nassau County): Great Neck Plaza

Average Cost of Monthly Rent (1 BR): $3,223

Located in Nassau County, this former farming community now hosts a variety of unique upscale shops and restaurants on “Middle Neck Road.” Close proximity to Manhattan has attracted wealthy New Yorkers to this neighborhood. Previous residents include Groucho Marx, Eugene O’Neil, W.C. Fields and F. Scott Fitzgerald.

8. Jersey City, NJ: Historic Downtown 

Average Cost of Monthly Rent (1 BR): $3,068

Comprised of low-rise buildings, brownstones and parks, this neighborhood features many cultural attractions including the Jersey City Museum, the Hudson and Manhattan Railroad Powerhouse.

9. Newport Beach, CA: Newport Center 

Average Cost of Monthly Rent (1 BR): $3,133

Also dubbed “Fashion Island,” this open-aired neighborhood hosts businesses, chic boutiques, cafes and restaurants, with views overlooking the bluff of Newport Harbor in Newport Beach, all set against a lush Italian style landscape of piazzas, fountains, palm trees and Koi ponds.

10. San Diego, CA: Harborview

Average Cost of Monthly Rent (1 BR): $2,206

Located in downtown San Diego, this neighborhood has a high population of young adults. While Harborview is car-friendly, residents can also conveniently access main attractions by bike or on foot. Travel to the nearest beach or park only requires a quick drive or ride on public transit.

11. Queens, NY: Hunters Point 

Average Cost of Monthly Rent (1 BR): $2,811

Located on the south side of Long Island City in the borough of Queens, this commercial neighborhood has a national historic district encompassing a stretch of late 19-century townhouses along 45th Avenue. Built in the 1990s, the Gantry Plaza State Park located in this neighborhood has a stunning view of Manhattan.

12. Washington DC: Foggy Bottom/GWU/West End 

Average Cost of Monthly Rent (1 BR): $2,662

One of the oldest neighborhoods in D.C., Foggy Bottom is primarily occupied by the campus of George Washington University and hosts many historic homes and mid-rise apartment buildings. It’s also home to the headquarters of the United States Department of State, the Kennedy Center for the Performing Arts and the infamous Watergate complex.

13. Pasadena, CA: Southwest Pasadena 

Average Cost of Monthly Rent (1 BR): $2,957

This Pasadena neighborhood is a fantastic place to live if you work in downtown Los Angeles or anywhere in central Los Angles. Residents enjoy the feeling of living in a small town in the middle of Los Angeles with a quaint downtown as well as great trails for mountain bikes and places for outdoor activities.

14. Philadelphia: Rittenhouse Square

Average Cost of Monthly Rent (1 BR): $1,860

High-rises, luxury apartments, office towers, popular restaurants and hotels surround the lush open-space Rittenhouse Square park in this Philadelphia neighborhood, which is also home to many works of public art and cultural institutions, including Curtis Institute of Music, the Philadelphia Art Alliance and the Underground Railroad Museum.