Where In Arizona Does $1,500 Get You The Most Apartment Space? | Living In Phoenix Arizona
WHERE IN ARIZONA DOES $1,500 GET YOU THE MOST APARTMENT SPACE?
LIVING IN PHOENIX, ARIZONA
Where In Arizona Does $1,500 Get You The Most Apartment Space?
Curious to know where to get more apartment space for your dollar? Arizona cities offer a surprising range of square footage for $1,500 rent a month, with the most apartment space nearing 900 square feet within that budget. Notably, Metro Phoenix renters in the West Valley can secure 180 square feet more than their counterparts in the East Valley.
Here are the details:
- The West Valley’s Surprise, Peoria and Glendale offer between 857 square feet and 834 square feet within a $1,500 monthly budget. By comparison, in Phoenix, the same budget is enough to secure about 60 square feet less of apartment space.
- On the East side, Mesa leads with 833 square feet of room within $1,500 a month. Renters in Chandler and Gilbert can secure about 30 square feet less, while those in Tempe and Scottsdale get five times less apartment space for the same amount. In fact, these are the only outlier cities that offer less than the national average of 729 square feet.
- For a monthly rent of $1,500, renters in Scottsdale can only secure 675 square feet of space, which is the size of a roomy studio or a cozy one-bedroom apartment. For comparison, Tucson is your go-to for maximum space on a $1,500 budget in Arizona — this amount is enough to get you almost 900 square feet.
Here are other interesting findings:
• A monthly rent of $1,500 pays for vastly different spaces across the U.S.: from 1,359 square feet in Wichita, KS, to just 228 square feet in Manhattan, NY.
• Significant variations exist even among major cities. Specifically, Houston offers 983 square feet for the same price, while Los Angeles provides only 439 square feet.
• Regionally, North Las Vegas leads with 926 square feet for $1,500 a month, while Denver offers the least space in the Mountain region – 629 square feet.
• Check out how much apartment space $1,500 can get you in all the 200 cities analyzed by going to our full report here. – more at azbigmedia.com
Thinking about investing in Phoenix real estate? Have a property to sell in Arizona? Tell us what you’re searching for. Connect with us to buy, sell, or lease multifamily, residential and commercial real estate in Phoenix, and across Arizona. Let’s work together.
Natan Jacobs, Vestis Group
Call: 602-281-6202
Email: Info@Vestis-Group.com
