WILLISTON, N.D. (February 16, 2014) A national study from an apartment renting guide shows that the North Dakota oil patch city of Williston has the highest average rent in the country.
Apartment Guide found that a 700-square-foot, one-bedroom apartment in Williston costs an average of $2,394 a month, while the same apartment would cost $1,504 in the New York area, $1,411 in Los Angeles or $1,537 in Boston.
Williston's population has more than doubled since the 2010 Census to more than 30,000 within the city limits.
Demand for housing has far exceeded supply during the boom.
Apartment Guide regional sales executive Pam Winter said a lot companies in the area have long-term projects planned as long as the demand and infrastructure are there.