Budgeting

What’s the average rent in major cities?

TwitterPinterestFacebook

In recent years, the urban housing crisis has made living in cities less affordable for more people. The average rent for a one-bedroom apartment across major U.S. cities proves just that. Unfortunately, these desirable cities have some of the highest rent in the real estate market. 

At Common, you can, instead, save hundreds of dollars on rent without living in the outskirts of town with an hour-long commute.

In this article, we’ll break down the average rent by city and compare it to rent prices with Common. In all of these comparisons, you’ll find one common thread—attainable prices in the heart of your dream city. 

Rent in New York vs. Common

As of August 2021, rents for one-bedroom apartments in New York City fell around $3,609 a month. While housing costs depend highly on which borough and neighborhood you live in, rents in Manhattan and Brooklyn now average around $4,000 and $3,000, respectively. 

At Common, we have homes available at an attainable rental price in popular neighborhoods across Manhattan and Brooklyn, including: 

  • Crown Heights for $1,300
  • Hamilton Heights for $1,513
  • Ridgewood for $1,475

On average, our New York City homes rent for $1,600. Not only do you save on NYC rent this way, but you also get free WiFi, free laundry (and detergent), basic household essentials, free regular cleanings of shared spaces, incredible amenities (like a gym and rooftop deck), and utilities—all included in your rent. 

Explore our New York homes in person.

Rent in LA vs. Common

One-bedroom apartments in Los Angeles were rented for $2,518 a month on average last August 2021. In comparison, rents at Common Melrosestart at $1,275, while rents at Common Paramount start at $1,136. Both homes come fully furnished and stocked with high-quality furniture, high-end appliances, and all the essentials you need, from pots and pans to toilet paper. 

Members can also enjoy their close proximity to downtown LA and other cool neighborhoods such as Silverlake, Echo Park, Hollywood, and Melrose Avenue. Come see these coliving and private apartments in LA today.

San Francisco vs. Common

As of August 2021, the average rental rate for a one-bedroom apartment in San Francisco comes out to around $3,102 per month. You’ll find rents at Common Minna and Common City Gardens  in SoMa, a central, vibrant district in San Francisco, starting at $1,590 and $1,085, respectively. 

We also have beautiful homes in Oakland starting for just $950. Expect amenities like a backyard or rooftop deck, keyless entry, smart TV, laundry, and professional cleaning services in your fully furnished home. Take a free, private tour of our coliving homes in the Bay Area today.

Washington, DC vs. Common

The average apartment rent in Washington DC was around $2,160 in August 2021. Common homes fall well below that average:

  • Common Richardson in Shaw starts at $1,329
  • Common Bowman in Chinatown starts at $1,375
  • i5 Union Market by Common in Union Market starts at $1,375
  • Common Monroe in Columbia Heights starts at $833

Members not only enjoy the conveniences (and cost-savings) of living in these furnished homes, but they also receive exclusive discounts at nationally recognized brands and access to community events around the city. Come see these coliving homes in Washington for yourself.

Chicago vs. Common

As of August 2021, average rents for one-bedroom apartments in Chicago sit at $2,059 per month. We have Common homes in the hottest Chicago neighborhoods with the average monthly rent ranging between $1,006 and $1,195. Save hundreds of dollars per month by living at Common, where you have a private bedroom or apartment, spacious kitchens, and large shared spaces—all stocked, furnished, and move-in ready. Sign up for a private tour of our coliving homes and private apartments in Chicago.

Seattle vs. Common

Rents in Seattle for one-bedroom apartments averaged $2,169 a month in August 2021. 

Common has beautiful, private microunits —featuring private kitchenettes, free WiFi, and shared lounges—in Capitol Hill, First Hill, and Eastlakestarting at $688. These homes are pet-friendly and have onsite laundry available. 

Take a free tour of our microunits in Seattle today.

Fort Lauderdale vs. Common

With 3,000 days of sunshine a year, the average Fort Lauderdale rent is on the rise, seeing an average of $2,301 a month in August 2021. But, at The Edge by Common in Flagler Village, you can experience a fully-furnished suite and amenities within an 8-minute drive from the beach at an attainable rental price, well under the expensive city average—starting at just $1,425. 

Amenities include: 

  • Pool
  • Coworking space
  • Gym
  • Lounge

Explore the Fort Lauderdale area and schedule a tour today.

Philadelphia vs. Common

Philadelphia is a city of rich history, culture, and cuisine. Rents in Philadelphia neighborhoods averaged around $1,736 in August 2021. With Common, you’ll find great coliving spaces in neighborhoods like Fairmount, Fishtown, Southwest Center City, and Francisville. The average monthly rent in these areas with Common range from $866 to $1,118. 

Plus, along with your fully-furnished space and convenient amenities, you can also take advantage of free cleanings and amazing events at a flat rate. 

Check out Common’s Philadelphia coliving spaces and book your private tour today.

San Diego vs. Common

In the SoCal paradise of San Diego, rent prices averaged around $2,433 as of August 2021. 

With Common, you can enjoy idyllic views from the rooftop deck at Common at Parco in National City. Members of Common at Parco can also enjoy furnished lounge spaces, a game room, and onsite laundry, all starting at $1,203. Schedule a tour in San Diego today.

St. Paul vs. Common

Nicknamed America’s “most livable city,” St. Paul is a Minnesotan cultural hub. The rent here averages around $1,337 as of August 2021. 

With Common, you can find private apartments for even less, starting at $1,077 for ALVERA by Common. This apartment is located right along the historic West Seventh district, with restaurants, breweries, and galleries all right at your disposal. Enjoy amenities like a furnished rooftop, fitness center, and bike storage. 

Interested? Schedule a private tour of Alvera by Common today.

St. Petersburg, FL vs. Common

As of August 2021, rent in St. Petersburg averaged around $1,676. With Common, you can discover private apartments in this area near the crystal shoreline well below the average rent price, starting at just $1,498. 

Take advantage of everything the downtown area of St. Petersburg has to offer at The Wayland by Common—a private apartment with a pool, fitness center, pet spa, and more—all within the cultural heart of downtown St. Petersburg. 

Find your St. Pete home, and book a tour at The Wayland by Common today.

Find Your Home with Common

As you can see, the average apartment rent varies depending on which city you live in. Luckily, Common offers coliving spaces, microunits, and traditional apartments all across the U.S. Every space is offered at an attainable price so that you can afford to live in your dream city. Book a tour with Common today! 

 

Sources: 

  1. Rentcafe. Average Rent by City. https://www.rentcafe.com/ 

Related posts: