Please wait as we prepare your PDF file ....

Mission Chronicle Blog

Search Blog

our goal is to help you stay informed by providing timely and interesting articles.

Which US city has the smallest apartments? Hint: It’s not New York

10/08/2019

Download PDF

When people think of cities with undersized (and often overpriced) apartments, places such as New York City, Los Angeles, San Francisco and Seattle are at the top of the list. However an analysis released by Apartment List on Monday reveals the tiny apartment trend has moved far beyond the coasts.

The analysis, which looked at data from 100 of the most populated cities with at least 20 units available on Apartment List’s site, revealed that many of the nation’s smallest studio, one- and two-bedroom apartments are in cities across the Midwest and South.

The typical studio apartment layout | Photo credit: Apartment List

For the studio apartment category, you’ll find the smallest studios in Ferrelview, Missouri; Shreveport, Louisiana; Albuquerque, New Mexico; Tucson, Arizona; and Grand Rapids, Michigan. Although the national average size of a studio apartment is 529 square feet, options in these cities range from 342 to 444 square feet.

Renters in Ferrelview can nab a 342-square-foot studio apartment for only $455, a steal compared to the $1,020 renters in Grand Rapids are paying for only 102 square feet more. Shreveport (345 square feet), Tucson (397 square feet) and Albuquerque (422 square feet) rounded out the list with rents under $800.

The typical layout for a one-bedroom apartment | Photo credit: Apartment List

For the one-bedroom apartment category, you’ll find the smallest options in Ferrelview, Missouri; Brooklyn, New York; Metairie, Louisiana; and Bentonville, Arkansas. Once again, Ferrelview took the top spot for the smallest one-bedroom apartment, clocking in at 588 square feet, 169 square feet smaller than the national average (757 square feet).

What’s in it for you? How real estate organizations boost your business. See why associations like AREAA can benefit you both professionally and personally READ MORE

While renters in Ferrelview are only paying $571 per month for their petite digs, renters in Brooklyn are shelling out a whopping $3,115 per month for only five square feet more. Metairie (601 square feet), Texarkana, Arkansas (605 square feet) and Bentonville (616 square feet) completed the top five, with an average rent of $808.

A common layout for a two-bedroom apartment | Photo credit: Apartment List

You’ll find the smallest two-bedroom apartments in Essex, Maryland; New York City; Euclid, Ohio; Morganfield, Kentucky; and Pullman, Washington. Essex is home to the tiniest of the two-bedrooms: a 758-square-foot unit going for $1,065 per month.

Unsurprisingly, New York City came in second place with 805-square-foot two-bedroom apartments for a staggering $6,013 — making it far and away the most expensive place to rent on Apartment List’s list.

Euclid (850 square feet), Morganfield (850 square feet) and Pullman (852 square feet) shored up the end of the pack with two-bedroom apartments ranging from $375 to $1,137 per month.

Email Marian McPherson.

Source: click here

Read More

INSPIRED, INTELLIGENT, INSIGHTFULL

STAY INFORMED WITH TIMELY AND INTERESTING ARTICLES FROM OUR BLOG, MISSION CHRONICLE. OUR ASPIRATION IS TO PROVIDE REALTORS AND OTHER REAL ESTATE INDUSTRY PROFESSIONALS WITH EXCEPTIONAL RESOURCES AND SHARE OUR KNOWLEDGE TO PROPEL YOU TO YOUR GOALS.

  • Mission Chronicle Newsletter July 24, 2023

    Mortgage rates continued to press downward last week after the previous week's CPI data pointed to e...

  • Mission Chronicle Newsletter Feb 20, 2023

    Despite the recent downward trend in mortgage rates and hopes that the Fed was nearing the end of it...

  • Mission Chronicle Newsletter Feb 6, 2023

    The Federal Reserve meeting ended as market participants expected, with a quarter-point increase and...

  • Mission Chronicle Newsletter Dec 26, 2022

    Mortgage rates held relatively steady last week as most economic news came in better than expected.C...

  • Mission Chronicle Newsletter Dec 12, 2022

    Rates managed to move slightly downward last week as recession fears grew amid hopes that the Fedis ...

  • Mission Chronicle Newsletter Dec 5th 2022

    Mission Chronicle Newsletter Dec 5th 2022. Platforms: Browser, mobile-responsiveIdeal for: Leasing a...

  • Inman Review: Tenants and leasing teams get better connected with RentTango

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Tech Review: Smart Alto puts people first in its innovative lead qualification solution

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Refreshed and nurture-savvy, Market Leader’s CRM deserves your attention

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • The top 4 tips to improve your negotiation skills

    In today’s luxury real estate market, strong negotiation skills are an asset—you might even say ...

May 2024
Mon Tue Wed Thu Fri Sat Sun
 12345
6789101112
13141516171819
20212223242526
2728293031  

  • Polls

    What information you are looking for?

    View Results

    Loading ... Loading ...
  • Last month Results

    How Is My Site?

    • Good (100%, 3 Votes)
    • Excellent (0%, 0 Votes)
    • Bad (0%, 0 Votes)
    • Can Be Improved (0%, 0 Votes)
    • No Comments (0%, 0 Votes)

    Total Voters: 3

    Vote

    Loading ... Loading ...