Oct 21

Tiniest Homes Are in America

Tiniest Homes Are in America

 

Tiniest Homes Are in America

Tiniest Homes Are in America

Tiny homes have grown in popularity among consumers who either want to simplify their life or need a smaller abode for affordability’s sake. Regardless of circumstance, apartments are getting smaller, and it’s occurring even as rents are rising, according to a new analysis from Apartment Guide, a real estate listing site.

Just how tiny are some of these homes? Apartment Guide analyzed the size of apartments across 200,000 listings nationwide. They identified Ferrelview, Mo., a suburb of Kansas City, as having the smallest average studio homes among 50 markets tracked. The average studio in Ferrelview averages 342 square feet. Nationwide, the average studio size is 530 square feet, Apartment Guide notes. The national average rent for a studio is $1,065.

The following are the smallest average studio sizes across the country:

1. Ferrelview, Mo.

  • Square footage: 342
  • Average rent: $445

2. Shreveport, La.

  • Square footage: 345
  • Average rent: $745

3. Tucson, Ariz.

  • Square footage: 397
  • Average rent: $618

4. Las Vegas

  • Square footage: 421
  • Average rent: $948

5. Albuquerque, N.M.

  • Square footage: 422
  • Average rent: $790

Apartment Guide pinpointed the following cities as having the largest average studio sizes:

1. Jersey City, N.J.

  • Square footage: 556
  • Average rent: $2,863

2. San Francisco

  • Square footage: 553
  • Average rent: $3,837

3. Boston

  • Square footage: 548
  • Average rent: $3,177

4. San Antonio

  • Square footage: 547
  • Average rent: $1,203

5. Oklahoma City

  • Square footage: 543
  • Average rent: $929
Source:
“Move Over, New York: These Cities Have the Smallest Apartments,” Apartment Guide (Oct. 8, 2019)

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