Renters Typically Spend More for a Studio Apartment Than a One-Bedroom Rental
Zillow Group, Inc. - Class C Capital Stock (Z)
Last zillow group, inc. - class c capital stock earnings: 8/6 04:06 pm
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Source: PR Newswire
SAN FRANCISCO, Jan. 25, 2019 /PRNewswire/ -- Renting a typical studio apartment costs more each month than renting a typical one-bedroom home or apartment, according to a new HotPads® analysis.Across the United States, the median rent for a studio apartment is $1,385 per month. The median rent for a one-bedroom rental is $1,260 per month – about $125 per month less.The median rent for a studio apartment is higher than the median rent for a one-bedroom unit in 45 of the country's largest metro areas. Los Angeles has the biggest price difference between studio and one-bedroom rentals – the median rent for a studio in Los Angeles is $3,800 per month, $1,650 more than the median rent for a one-bedroom unit. In San Francisco, the median rent for a studio apartment is about $1,400 higher than for a one-bedroom.That seems counterintuitive, because one-bedrooms are typically 730 square feet, while studios are typically smaller, at 500 square feet. But the reason is location -- in the metros a
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