In 20 major U.S. cities, how much apartment space you can get for $1,500 a month.
A recent RentCafe report can assist renters in finding the best value for their money.
The report revealed that more than half of the top 20 cities with the most apartment space for $1,500 a month are located in the Southeast and Southwest regions of the United States.
In major coastal cities such as New York and Boston, renters are trading off square footage for equal monthly rent payments. For instance, Wichita, Kansas provides the most space for $1,500 a month with 1,359 square feet, while Manhattan, New York City residents pay the same amount and receive only 228 square feet.
In Texas, renters can obtain the most space for $1,500 in Lubbock, El Paso, and Corpus Christi. Meanwhile, major cities in California provide the least amount of space for the same price.
RentCafe ranked the 200 cities by calculating the price per square foot using the average rents and average size of apartments in multifamily properties of 50 or more units.
Manhattan, Brooklyn, and Queens are three boroughs in New York City that were analyzed by RentCafe. The study defined large cities as having a population of over 225,000 residents, while small cities were those with a population of less than 225,000 residents.
Across several major U.S. cities, how much apartment space can you get for $1,500 a month?
Wichita, Kansas
- Apartment size: 1,359 square feet
Lincoln, Nebraska
- Apartment size: 1,120 square feet
Winston-Salem, North Carolina
- Apartment size: 1,108 square feet
Kansas City, Missouri
- Apartment size: 1,057 square feet
Columbus, Ohio
- Apartment size: 1,037 square feet
San Antonio, Texas
- Apartment size: 1,012 square feet
Jacksonville, Florida
- Apartment size: 973 square feet
Detroit, Michigan
- Apartment size: 957 square feet
Fresno, California
- Apartment size: 854 square feet
Richmond, Virginia
- Apartment size: 852 square feet
Colorado Springs, Colorado
- Apartment size: 838 square feet
Austin, Texas
- Apartment size: 759 square feet
Newark, New Jersey
- Apartment size: 696 square feet
Minneapolis, Minnesota
- Apartment size: 694 square feet
Miami, Florida
- Apartment size: 533 square feet
Chicago, Illinois
- Apartment size: 489 square feet
Washington D.C.
- Apartment size: 464 square feet
Seattle, Washington
- Apartment size: 456 square feet
San Francisco, California
- Apartment size: 334 square feet
Manhattan, New York City, New York
- Apartment size: 228 square feet
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