Home | Newsletter | Advertise
loading...

464 to 600 Square Feet: How Much Space $1,500 Rents For in the DC Area

  • July 31st

by UrbanTurf Staff

✉️ Want to forward this article? Click here.

studio550.jpg

A new report illustrates how much space one can rent for the elusive price of $1,500 a month in the DC region. 

The DC area is one of the stingiest metropolitan areas when it comes to the amount of space one can get for that budget, per a new RentCafe report. The average square footage varies throughout the area at that budget, with as much as nearly 600 square feet in Alexandria and as little as 464 square feet in DC proper.

All three locations in the DC region area fall below the national average of 729 square feet that could be rented for $1,500. 

"Seattle; Washington, D.C.; Chicago and Miami are also among the major cities offering the least apartment space for $1,500 per month," the report said. "Of the four, Miami offers the most floor space for that budget at 533 square feet."

The analysis uses Yardi Matrix data for properties with 50 or more units in the Census-defined metros of the 100 most-populated cities nationwide. The data was used to calculate price per square foot based on the average rents and average size of apartments in each location.

This article originally published at https://dc.urbanturf.com/articles/blog/464_to_600_square_feet_how_much_space_1500_rents_for_in_the_dc_area/22572.

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse