Like the housing market, apartment rental prospects have transformed in recent years. Our expectations and desires have shifted, with renters searching for more space — often at a higher price tag. But, according to a new study from RentCafe, you might be lucky in Houston.
Of the 100 largest cities in the U.S., Houston ranked at No. 26 when it came to affordable space. A monthly budget of $1,500, on average, affords a 1,059-square-foot apartment. That’s nearly twice what’s available in Chicago, a similarly sized city. In fact, Houston is the largest city among the list’s top 30.
Additionally, other areas near Houston offer less expensive alternatives. The cheapest suburb in the Houston-Sugar Land-Baytown metro is Clute, where $1,500 can get you 1,381 square feet of space, followed by Lake Jackson (1,279 square feet) and Baytown (1,270 square feet).
In general, the South offers renters a good bang for their buck. Tulsa and Oklahoma City, Okla. Both cracked the top five cities for least expensive rentals.