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Here's how much space $1,000 in rent will get you in 11 major US cities

Aug 8, 2019, 20:44 IST

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  • The cost per square foot for apartments in the US varies drastically depending on the location of the home.
  • Business Insider teamed up with Zillow's rental site, HotPads, to find out how much space roughly $1,000 per month in rent will get you in 11 major cities across the country.
  • In certain areas, like San Francisco, a single square foot of space costs over $4, while in other places that amount dips below $1.
  • Visit Business Insider's homepage for more stories.

Depending on where you live, the amount of space that comes with $1,000 per month in rent can vary.

In fact, depending on the city, the price per square foot can fall just under $1 - or cost over $4.

Read more: Here's how much it costs to rent a one-bedroom apartment in 15 major US cities

Business Insider teamed up with Zillow's rental site, HotPads, to find out just how much space around $1,000 in rent will get you across 11 major US cities.

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To compile the data, Joshua Clark, an economist at HotPads, analyzed all rentals that were uploaded to HotPads' or Zillow's databases within the last three months for roughly $1,000 per month. By calculating the median price per square foot in each city, Clark was able to identify how much space you can get for around $1,000 per month in each.

Keep reading to see how far $1,000 per month will get you in these cities, ranked from the most spacious rentals to the "coziest" small apartments.

Las Vegas, Nevada

Median square footage for $1,000: 1,040

Price per square foot: $0.96

Raleigh, North Carolina

Median square footage for $1,000: 910

Price per square foot:$1.10

Phoenix, Arizona

Median square footage for $1,000: 905

Price per square foot: $1.11

Philadelphia, Pennsylvania

Median square footage for $1,000: 855

Price per square foot: $1.17

Dallas, Texas

Median square footage for $1,000: 695

Price per square foot: $1.44

Chicago, Illinois

Median square footage for $1,000: 520

Price per square foot: $1.93

Portland, Oregon

Median square footage for $1,000: 505

Price per square foot: $1.99

Miami, Florida

Median square footage for $1,000: 475

Price per square foot: $2.11

Seattle, Washington

Median square footage for $1,000: 465

Price per square foot: $2.15

New York, New York

Median square footage for $1,000: 425

Price per square foot: $2.34

San Francisco, California

Median square footage for $1,000: 230

Price per square foot: $4.34

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