Cost of Living

Where Renters Get the Most and Least Space

Analysis of Yardi Matrix data by RENTCafé has revealed the cities where renters get the best and worst deal when it comes to space. If you're looking to rent a place in Istanbul and have a monthly budget of $1,500 at your disposal, you're going to be able to stretch your legs out with an average of 176 m². In Manhattan though, the story is quite different. With such a budget, renters can only expect to have 26m² to live in. Our chart shows the average space you would get in 25 popular cities around the world.

Description

This chart shows the average size of residential property available for a monthly rent of $1,500 in popular global cities.

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Average monthly residential rent in selected markets worldwide in 2020 (in U.S. dollars)
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Average monthly rent for one bedroom apartment in selected cities worldwide in 2016 (in U.S. dollars)
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Average monthly residential rental cost per square meter in selected cities in Europe 2023 and 2024 (in euros per square meter)
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Average monthly rental rates of Class A offices in Istanbul in 1st half 2025, by district (in Turkish lira per square meter)
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Average monthly cost of residential rents in select European cities in 2018 (in euros per square meter)
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Average rent price for residential real estate in Turkey in 2024, by province (in Turkish lira per square meter)

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