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- Living in or near a big city can be expensive, and rental prices continue to soar.
- Business Insider teamed up with Zillow’s rental site, HotPads, to find the median rent for a one-bedroom apartment in the 49 largest US metro areas.
- In certain areas like San Francisco, the median rent for a one-bedroom apartment is over $2,500, while in other places it dips below $720.
- Visit Business Insider’s homepage for more stories.
Living in or near a big city comes with perks, like great entertainment options, shopping centers, and career opportunities.
But just how much will you have to fork over in living expenses to call one of these areas home?
Depending on where you live, the median rent for a one-bedroom apartment in the country’s top metro areas can be less than $720 a month or higher than $2,500 a month.
Read more: Here’s how much space $1,000 in rent will get you in 11 major US cities
Business Insider teamed up with Zillow’s rental site, HotPads, to find the median rent for a one-bedroom apartment in each of the 49 US metro areas with the largest populations (as determined by Zillow). We also used Data USA to find the median household income in each of these areas.
The data was compiled using HotPad’s Repeat Rent Index. Each of the one-bedroom apartments analyzed in the study has been listed for rent on HotPads for longer than a month.
Keep reading for the full rundown, from the metro areas with the cheapest one-bedrooms to the areas with the priciest.
Oklahoma City, Oklahoma: The median rent for a one-bedroom apartment in the Oklahoma City metro area is $710.
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The median household income in the Oklahoma City metro area is $56,260.
Source: HotPads
Birmingham, Alabama: The median rent for a one-bedroom apartment in the Birmingham metro area is $800.
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The median household income in the Birmingham metro area is $53,107.
Source: HotPads
San Antonio, Texas: The median rent for a one-bedroom apartment in the San Antonio metro area is $880.
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The median household income in the San Antonio metro area is $56,774.
Source: HotPads
See the rest of the story at Business Insider
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- Here’s how much space $1,000 in rent will get you in 11 major US cities
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Source: Business Insider – feedback@businessinsider.com (Libertina Brandt)