Comparison: Apartments For Rent In Major US Neighbourhoods

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How much space can you take on rental apartments in some of the popular neighborhoods in the USA? How good is your dollar; for a studio apartment or a luxurious residence? Are the rentals dropping for your dollars and as being reported in the latest real estate market data.

"Some Big U.S. Cities See Apartment Rents Fall for First Time in Years..."

- WSJ

Dwindling Rentals | Apartments For Rent

Dwindling Rentals | Apartments For Rent

Before we get into the comparisons, here are the highlights into whats influencing these crests and troughs...

  1. A good supply of new homes is pushing down the rentals in many of these neighborhoods.
  2. Slowing job market and stagnating salaries are further compounding the rental market slowdown.
  3. Moreover, tenants are becoming increasingly reluctant to pay higher rentals owing to the steep hike since the start of this decade...

Comparison: Apartments For Rent - Top Neighborhoods

Here are the average rentals across the top 50 cities in the USA.

City, State Median rent 1-bedroom apartment Ave. square footage of 1-bedroom apartment Cost of basic monthly utilities Walkability score % of Apartments for rent with dishwasher % of Apartments for rent with washer-dryer % of Apartments for rent with pool % of Apartments for rent with fitness center % of Apartments for rent that allow pets % of Apartments for rent with parking
Newark, N.J. $850 650 $146.33 80 40% 25% 9% 23% 19% 34%
Anchorage, Alaska $995 593.12 $222.92 32 29% 22% 0% 16% 44% 25%
Pittsburgh $1,850 604 $174.00 61 65% 33% 38% 41% 20% 35%
St. Louis, Mo. $700 672 $142.92 64 79% 30% 69% 53% 24% 25%
Anaheim, Calif. $1,606 775.64 $127.90 53 68% 28% 82% 57% 35% 64%
Honolulu $1,795 538.50 $228.53 63 40% 60% 60% 80% 2% 31%
Tampa, Fla. $1,100 697.56 $127.26 49 84% 55% 92% 84% 27% 26%
New Orleans $1,297.50 695.86 $157.99 57 86% 64% 77% 47% 39% 20%
Wichita, Kan. $470 595.30 $153.75 34 90% 26% 76% 56% 38% 53%
Cleveland $525 650 $114.05 59 72% 26% 45% 47% 42% 69%
Minneapolis $1,435 743.30 $141.67 68 71% 32% 46% 55% 37% 53%
Miami $2,000 773.04 $140.16 78 69% 58% 80% 67% 4% 18%
Colorado Springs, Colo. $750 611.11 $176.65 35 61% 36% 71% 57% 14% 39%
Omaha, Neb. $759 743.81 $124.17 45 79% 48% 58% 52% 44% 67%
Virginia Beach, Va. $975 759.87 $130.58 33 78% 52% 63% 48% 29% 25%
Atlanta $1,387 778.88 $163.20 48 76% 35% 86% 78% 25% 38%
Kansas City, Mo. $795 674.55 $189.08 34 80% 38% 74% 61% 22% 36%
Sacramento, Calif. $995 656.41 $152.76 46 86% 50% 84% 55% 28% 55%
Tucson, Ariz. $559.50 586.19 $134.16 41 83% 38% 89% 63% 16% 40%
Albuquerque, N.M. $715 602.92 $166.08 42 75% 45% 84% 70% 25% 47%
Milwaukee $750 495.28 $122.69 61 73% 52% 27% 46% 29% 49%
Louisville, Ky. $750 806.62 $118.10 33 85% 21% 49% 35% 51% 29%
Las Vegas $875 721.88 $181.24 40 87% 72% 95% 83% 22% 49%
Portland, Ore. $1,095 460.75 $123.17 64 79% 67% 55% 68% 16% 49%
Oklahoma City $650 653.81 $163.42 32 88% 42% 87% 49% 19% 34%
Baltimore $1,175 599 $138.55 69 53% 46% 47% 41% 42% 19%
Nashville, Tenn. $1,395 736.17 $129.63 28 91% 40% 85% 74% 40% 31%
Boston $2,025 558.62 $145.69 81 26% 16% 18% 22% 5% 9%
Memphis, Tenn. $835 744.85 $118.94 36 81% 46% 75% 65% 20% 24%
Washington, DC $2,172 699.49 $137.88 77 48% 39% 43% 43% 34% 30%
Denver $1,435.50 713.92 $129.82 60 76% 61% 77% 78% 24% 43%
Seattle $1,795 655.86 $143.41 73 42% 43% 27% 42% 27% 36%
El Paso, Texas $599.50 612.33 $135.04 40 89% 19% 86% 49% 19% 37%
Detroit $550 640.35 $259.92 55 78% 31% 62% 32% 32% 37%
Charlotte, N.C. $1,265 752.67 $125.89 26 90% 48% 89% 76% 28% 26%
Columbus, Ohio $750 656.91 $154.55 40 80% 39% 70% 52% 40% 40%
Indianapolis $732 717.53 $141.59 29 83% 45% 74% 64% 28% 50%
San Francisco $3,600 716.01 $113.15 86 6% 5% 4% 8% 4% 13%
Jacksonville, Fla. $895.50 789.01 $158.28 26 86% 47% 88% 70% 20% 24%
Austin, Texas $1,100 657.28 $144.30 39 79% 45% 86% 75% 29% 41%
San Jose, Calif. $2,536 748.86 $135.00 50 24% 17% 28% 25% 12% 24%
Dallas $1,271 771.43 $142.07 45 74% 34% 85% 69% 39% 43%
San Diego $1,760 700.96 $109.04 50 77% 43% 83% 55% 22% 56%
San Antonio $830 637.29 $135.44 36 89% 34% 93% 70% 31% 41%
Phoenix $909 706.13 $180.48 40 90% 70% 95% 77% 31% 53%
Philadelphia $1,295 644.86 $146.08 78 72% 41% 42% 44% 30% 15%
Houston $1,308 777.62 $130.92 48 79% 53% 89% 69% 39% 50%
Chicago $1,595 683.71 $118.48 78 16% 6% 5% 11% 6% 9%
Los Angeles $2,014 704.68 $128.82 66 22% 11% 25% 21% 10% 21%
New York $2,200 750 $127.21 89 15% 8% 4% 9% 1% 5%

Apartment Guide: Costs and Amenities in 50 U.S. Cities at a Glance.

Source: GoBankingRates

Apartment Search: Ready Reference For Indian Diaspora

Are you shifting to one of these cities? Is a rental space for residence something you are looking for in the near future? The above list highlights the average rentals across the top residential neighborhoods in the USA; but this section offers a quick overview, better:

  • Average rent for a 1 Bedroom Apartment of approximately 680 square feet: $1,234.43
  • Walk-ability score of the neighborhood: 52
  • Percentage of rental apartments with a
    • dishwasher: 68%
    • washer-dryer: 39%
    • pool: 61%
    • fitness center: 53%
    • pet-friendly status: 26%
    • parking, either covered or with a garage: 36%

Hope this helps you!


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