Rental Tour of America: How Many Square Feet Can You Get for $1,500?

As rents rise across the country, many are wondering if they’re getting the biggest bang for their buck, not only when it comes to how pricey their space is, but how much space they’re getting for the price. RentCafe recently utilized Yardi Matrix search tools to explore how much apartment you can snag for $1,500 in the 30 most populous U.S. cities. The results might make you want to pick up and move.

Memphis, Tenn. takes the cake for most space for your dollar, with the average rent landing at only $704. Oklahoma City is next at $711, with Indianapolis pulling third rank at $754. On the other end of the spectrum, the priciest metropolis is—no shocker here—New York City, with San Francisco and Boston pulling in shortly behind.

A few other big ticket takeaways? The rent per square foot in San Diego is half (yes, half) of what it is in San Francisco, and a $1,500 Manhattan studio would fit in the living room of the four bedroom, 3 bathroom home you could snatch in Memphis for the same amount of dough.

There are still Down Payment Assistance programs available in Maricopa and Pinal Counties. These are grants, NO repayment necessary. Call us for details: 602-999-0952

We also have options to help with your closing costs. See the links below or feel free to call or email for additional information: 602-999-0952   /   golfarizona@cox.net

Learn more about the AZVHV Heroes Home Advantage cash-back program. NO cost, NO pre-registration, NO obligation.

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Other Valuable Resources
AZVHV – Arizona Veterans Helping Veterans

Think you can’t afford to buy a home?

 

* Actual cash back credit is equal to 25% of agent’s individual client-related commission, and will be applied to your closing costs. Must be a client of, and have signed agreement with Bill Salvatore, Arizona Elite Properties. Total cash back may include discounts on services such as mortgage financing fees or rates, home inspection, home owner’s insurance, or other purchase/sale related services. Discounts and cash back amount must appear on HUD1 **Heroes Home Advantage cannot be combined with other Realtor discount programs.

Bill Salvatore
REALTOR
Arizona Elite Properties
602-999-0952
eMail: golfarizona@cox.net

Heroes Home Advantage discount is in the form of a cash-back credit to be applied to closing costs, and must appear on HUD1. You must be a client of Bill Salvatore, Arizona Elite Properties. Cash back credit amount is based on 25% of Realtors single client-side commission and will be disclosed by signed contract. Listing information is deemed to be accurate. Broker/Brokers is/are not responsible for information contained herein. Listing subject to withdrawal, sale or price change at any time.