Ever wondered how much apartment you can afford if you are making the median income in a large U.S. City?
If you make the median income in Austin, Texas you should be able to afford a 751 square foot apartment and expect to pay about $1,369 according to new data from Yardimatrix.
- Focusing only on Texas, renting in Plano on a median income gives you the most bang for your buck, with 1,137 square feet, the equivalent of a large 2-bedroom and 2.5-bath apartment. Irving comes in second with a 912-square-foot apartment with 2 bedrooms and 1.5 baths.
- By comparison, other cities in Texas offer a 1-bedroom apartment that varies in size from renting in Houston (757 square feet), San Antonio (756 square feet), or Dallas (679 square feet).
Rentcafe.com How much apartment can you rent on a Median Income?