NEW YORK CITY (PIX11) – Renters won’t get far with $1,500 in New York City, according to a new study from RentCafe.
RentCafe found that renters in New York City get only 228 square feet for $1,500 per month, the worst deal of any large city in the United States.
It’s 83% less space than renters get in the most cost-effective city at the $1,500 price point, Wichita, Kansas, where a 1,359-square-foot apartment costs $1,500.
The second-worst deals are in Brooklyn, where renters get 300 square feet for $1,500 a month, according to the study. Jersey City and Queens also sat near the bottom of the 100-city ranking, both offering less than 400 square feet for the price.
The only city in the region that sat near the middl...