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Home » News » Rental Apartments Have Been Getting Smaller Over the Last Decade
Realtor

Rental Apartments Have Been Getting Smaller Over the Last Decade

Daniel PetersonBy Daniel Peterson Realtor
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If the living room in your apartment cannot fit a sofa and a dining table, it is not alone. Around the last decade, the average size of newly built rental apartments has been reduced by 22 square feet. The average size of a new rental unit is now only 908 square feet, according to a Rentcafe report.

The researchers analyzed data on the size of the new apartments in the 100 cities of the USA. With the largest stock of rental buildings with at 50 units. The recently built apartments were defined as those completed from 2015 to February 2025. The data was harvested from the Rentcafe, Yardi parent company, which survey the rental properties.

A proliferation of studies and rooms is partly responsibilities for the reduction of personnel. These units grew from 46 percent of what was built before 2015, 53 percent in later years.

Driving the need for smaller apartments is an increasing number of young and professional singles and a fall related fall in marriage rates. With the interest rates that dates back stubbornly high, more of these singles are choosing to rent instead of buying. Developers also have an incentive to build narrower units, which can increase profits by leaving room for additional ones.

Despite the descending trend of a decade in the size of the new apartment, there is a leg a recent increase, with rentals that earn 17 square feet in the last two years. Even the cities experienced by some of the worst housing shortages have seen notable profits.

San Francisco, on the other hand, had the second largest increase, with its disorder rental apartment growing by 59 square feet (approximately the size of a small patio) in the last decade. The New York District was not far away, with the average rent that grew by 39 square feet. The most exensive districts in New York, Manhattan and Brooklyn, also saw up.

Even so, in most of the main cities, the average size of the new rental apartments has fallen during the decade, even in Chicago, Seattle, Portland, Los Angeles and Washington, DC, even metropolis of the solar belt, such as Orlando, SC, have reduction or redogénly or round or traditionally traditional or long traditional or long traditional or long reduction in reduction. Square feet.

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