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Renters can still get a spacious apartment for $1,500 a month in these 10 cities

August 6, 2025
in News
Renters can still get a spacious apartment for $1,500 a month in these 10 cities
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Toldeo, Ohio.
Toldeo, Ohio.

Sean Pavone/Shutterstock

The decision whether to rent or buy is a personal one, but usually, it comes down to cost. High prices are inescapable in big cities, and while the suburbs were once seen as the land of affordable homes, they’re now seeing a growing number of renters, too.

But renting can still be a more affordable option for some, especially in places where you can get plenty of space for a price that’s less a monthly mortgage payment.

Analysis by research firm RentCafe shows that your dollar can still get you a sizable apartment in plenty of places in the US — if you move away from the coasts.

“The Midwest and the Southeast have been undersupplied for a long time,” Doug Ressler, an analyst at Yardi Matrix, told Business Insider.

RentCafe looked at the top 200 US cities based on population and ranked each city by how much square footage a renter could get in a multifamily property with a monthly budget of $1,500.

Unsurprisingly, coastal cities like New York, Boston, and San Francisco rank low in square footage on that budget, with average apartment sizes under 400 square feet for all three cities at that price.

On the flip side, cities in the middle of the country and a handful in Texas offer spacious apartments on a reasonable budget. But cities down South are losing their edge as the most affordable part of the country.

“Affordability is getting eaten up with insurance costs, construction costs, and labor costs,” Ressler said. “So what you see is that the affordability gap is narrowing.”

Here are the 10 cities where your dollar will stretch further as a renter, according to RentCafe.

10. Corpus Christi, TX

Corpus Christi skyline
Corpus Christi Texas Skyline

Shutterstock

  • Apartment size for $1,500: 1,104 square feet
  • Monthly rent: $1,164
  • Average apartment size: 857 square feet

9. El Paso, TX

Northwest in El Paso, Texas
Northwest in El Paso, Texas

John Coletti/Getty Images

  • Apartment size for $1,500: 1,137 square feet
  • Monthly rent: $1,082
  • Average apartment size: 820 square feet

8. Baton Rouge, LA

An aerial view of Baton Rouge, Louisiana.
Baton Rouge, Louisiana.

Jacob Boomsma/Getty Images

  • Apartment size for $1,500: 1,138 square feet
  • Monthly rent: $1,256
  • Average apartment size: 953 square feet

7. Fort Wayne, IN

Fort Wayne, Indiana seen from the water with clouds overhead
St. Marys River in Fort Wayne, Indiana.

Mike Kline (notkalvin)/Getty Images

  • Apartment size for $1,500: 1,159 square feet
  • Monthly rent: $1,152
  • Average apartment size: 890 square feet

6. Memphis, TN

Highways converge in downtown Memphis, Tennessee, as they approach the Mississippi River.
Highways converge in downtown Memphis, Tennessee, as they approach the Mississippi River.

John Coletti/Getty Images

  • Apartment size for $1,500: 1,229 square feet
  • Monthly rent: $1,109
  • Average apartment size: 909 square feet

5. Lubbock, TX

Lubbock, Texas

DenisTangneyJr/Getty Images

  • Apartment size for $1,500: 1,230 square feet
  • Monthly rent: $1,122
  • Average apartment size: 920 square feet

4. Tulsa, OK

Tulsa, Oklahoma
Tulsa, Oklahoma

Getty Images

  • Apartment size for $1,500: 1,231 square feet
  • Monthly rent: $999
  • Average apartment size: 820 square feet

3. Oklahoma City, OK

Oklahoma City skyline
Oklahoma City, OK located in Oklahoma County

Sean Pavone/Getty Images/iStockphoto

  • Apartment size for $1,500: 1,247 square feet
  • Monthly rent: $1,025
  • Average apartment size: 852 square feet

2. Toledo, OH

Toledo, Ohio from the Skyway Bridge.
Toledo, Ohio from the Skyway Bridge.

Mike Kline (notkalvin)/Getty Images

  • Apartment size for $1,500: 1,268 square feet
  • Monthly rent: $957
  • Average apartment size: 809 square feet

1. Wichita, KS

Drone aerial view of downtown Wichita Skyline features Exploration Place on Arkansas River and Keeper of Prairie Indian Sculptor with flames out of water, Kansas.
Wichita, Kansas.

Joe Sohm/Visions of America/Universal Images Group via Getty Images

  • Apartment size for $1,500: 1,329 square feet
  • Apartment rent: $902
  • Average apartment size: 799 square feet

The post Renters can still get a spacious apartment for $1,500 a month in these 10 cities appeared first on Business Insider.

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