Real Estate Confidential Austin
Bang for Your Buck

This is what $1,500 a month gets Austin renters now

This is what $1,500 a month gets Austin renters now

Amli downtown Austin apartment
$1,500 a month in Austin translates to about 1,049 square feet. Photo courtesy of Amli

In places such as New York City and San Francisco, rents are high and apartments are tiny. Texas, on the other hand, is known for living large — but at what cost?

Renters in Austin get less for their money than any other big city in the Lone Star State. According to RentCafe, $1,500 a month in Austin will get you 1,049 square feet of space, which is $1.43 per square foot, the highest in the state. 

You'll get the most space for your $1,500 in Fort Worth (1,389 square feet, or $1.08 per square foot). San Antonio comes in right behind, at 1,376 square feet.

Houstonians can expect comfy living quarters of 1,271 square feet for $1,500 a month ($1.18 per square foot), while Dallasites get 1,210 square feet. In El Paso, the price per square foot comes in at under a dollar. 

In pricey New York City, $1,500 will most likely get you a measly 274-square-foot studio. The average rent there is closer to $4,031, but that only translates to about 727 square feet.

Rentals are the biggest in Memphis, Tennessee, where you can have 1,948 square feet for $1,500 a month. On average, though, renters tend to go for much smaller units that only cost around $700.