In the past, the material we considered the average cost of renting housing in the US , and in this article we analyze the average price of real estate in the United States. How much is an apartment or house in the US? Below is information about the average cost of one square meter of apartments in the city center and on its outskirts. The cost of real estate in the United States , as well as rent, depends on the location of the object. It is noteworthy that in such popular cities as Miami and Las Vegas, real estate prices are lower, or at the level of average prices in the United States.
The average price of real estate in the United States:
|Location||price for 1 square meter|
|City center||$ 1,912.43|
According to the site statistics statistics numbeo.com, the average price per square meter of real estate in the United States, slightly different from the prices of real estate in the capitals of Ukraine and Russia.
Now let’s look at the average property prices in the most popular US cities.
Average property price in major US cities, $:
|Location||Las Vegas||Miami||Seattle||Los angeles||Washington||New York||San francis|
|City Center, 1 square.meter||1,661.39||3 632.82||3,700.09||5 276.67||5,740.75||9,791.68||9,149.32|
|Outskirts of the city, 1 square.meter||857.47||1,795.49||2 421.88||2,442.36||4,406.03||5 118.21||6,817.14|
Considering that the average area of a house in the United States is 148 square meters, and the area of an apartment in a high-rise building is about 100 square meters, it’s not a problem to calculate the average cost of housing.
I hope that this information was useful to you.
The cost of rental housing in the US
In the last article, we looked at the prices of basic foodstuffs in the United States , and in this material we will analyze the prices for rental housing in the United States in 2014 .
How much does the rental cost in the US? First of all, this question is asked by those who plan their initial budget for moving to the United States. As with food, rental prices in the US are very different. The main determinants of the cost of rental housing are: the region, remoteness from the center and from the metro station.
Average cost of rental housing in the US
|Housing classification||rent per month|
|1 bedroom apartment in the city center||$ 1,025.83|
|1 bedroom apartment on the outskirts of the city||$ 773.21|
|3 bedroom apartment in the city center||$ 1,740.37|
|3 bedroom apartment on the outskirts of the city||$ 1,306.93|
Below are the average monthly expenses for additional services in the United States , according to the base rates. For the calculation of the apartment is taken an area of 85 square meters.
|Electricity, heating, water, garbage collection||$ 159.15|
|Internet (Unlimited, cable, speed 6 Mbps )||$ 47.07|
The highest rental rates are fixed in New York and San Francisco , living in these cities, you have to pay an average of $ 2,800 to $ 3,000 for a one-room apartment in the city center, and about a thousand dollars less for the same apartment on the outskirts.
|Housing classification||( San Francisco)||( New York )|
|1 bedroom apartment in the city center||$ 2,778.97||$ 2 949.04|
|1 bedroom apartment on the outskirts of the city||$ 1,950.78||$ 1,773.57|
|3 bedroom apartment in the city center||$ 4,639.71||$ 5,209.08|
|3 bedroom apartment on the outskirts of the city||$ 3,437.94||$ 3 392.20|
So, for the rental of good housing in the American metropolis will have to allocate a tidy sum.However, the United States is not only New York and San Francisco, so let’s pay attention to the cost of renting housing of the same class, but not in such popular cities.
|Housing classification||( Huntsville )||( Oklahoma City )|
|1 bedroom apartment in the city center||$ 555.00||$ 558.75|
|1 bedroom apartment on the outskirts of the city||$ 465.00||$ 430.00|
|3 bedroom apartment in the city center||$ 949.50||$ 1,150.00|
|3 bedroom apartment on the outskirts of the city||$ 787.50||$ 950.00|
If you do not plan to rent housing in the above cities, for clarity, we provide data on the cost of rental housing in other popular US cities .
|Housing classification||( Los angeles )||( Boston )||( Miami )||( Dallas )||( Anchorage )|
|1-room apartment downtown||$ 1,651.19||$ 1,943.48||$ 1,608.67||$ 1,107.00||$ 1,171.43|
|1-room apartment on the outskirts of the city||$ 1,148.55||$ 1,343.48||$ 1,050.00||$ 786.25||$ 895.71|
|3-room apartment downtown||$ 2,843.75||3 678,57 $||$ 2,940.91||$ 2,116.67||$ 2,050.00|
|3-room apartment on the outskirts of the city||$ 2,100.00||$ 2,382.35||$ 1,893.89||$ 1,233.33||$ 1,450.00|
It is also worth considering that in the first payment, you will have to make a so-called security deposit, this is an insurance deposit in case of damage to property due to your fault. The security deposit is usually the cost of a monthly rental. Upon eviction, the amount of the security deposit is returned to the tenant, if he did not harm the property of the lessor.
I hope this information will help you in planning the budget for rental housing in the United States.