Wichita named best city in the United States for affordable apartment rentals

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Wichita is the most affordable US city for single people to rent an apartment, an analysis of 1.2 million studio listings found.

the RentHop Singles Index ranks cities based on the median cost of a studio apartment compared to the average salary of singles who live there.

Researchers from the Apartment Rental Service have determined that Wichitan singles spend less of their annual income on rent than their counterparts in one of the country’s 50 largest cities.

Renters in Wichita earn an average of $ 44,028 per year and spend $ 500 on rent each month, which is 13.6% of average annual income, according to US Census Bureau data and an analysis of the RentHop 2020 and 2021 announcements for the city.

Columbus, Albuquerque, Oklahoma City, and Tulsa round out the top five most affordable cities for single renters.

Kansas City ranked seventh of 50 on the affordable cities list. The median income of a single Kansas City resident is $ 53,146, and a monthly rent of $ 791 is 17.9% of their income.

On the other hand, Miami, New York, New Orleans, Raleigh, and Boston were considered the least affordable cities to rent. In Miami, single residents spend $ 1,800 per month on rent, which is 37.2% of median annual income.

The most affordable cities for a studio

  1. Wichita, KS
  2. Columbus, Ohio
  3. Albuquerque, New Mexico
  4. Oklahoma City, alright
  5. Tulsa, alright
  6. Minneapolis, Minnesota
  7. Kansas City, Missouri
  8. Seattle, WA
  9. El Paso, Texas
  10. Arlington, Texas

The least affordable cities for a studio

  1. Miami, Florida
  2. New York, New York State
  3. New Orleans, LA
  4. Raleigh, North Carolina
  5. Boston, Massachusetts
  6. Detroit, Michigan
  7. Philadelphia, Pennsylvania
  8. Mesa, Arizona
  9. Houston, TX
  10. Charlotte, North Carolina

Matthew Kelly joined The Eagle in April 2021. He covers business and development in the Wichita area. You can contact him at 316-268-6203 and [email protected]

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