Move.org: El Paso most affordable city for renters
SALT LAKE CITY – El Paso has taken the top spot on Move.org’s list of U.S. cities with the lowest cost of living for renters.
According to the report, the Far West Texas city has a total monthly cost of living of $1,324 per person. This includes $710 for renting a one-bedroom apartment.
Corpus Christi was the next Texas city on the list, ranking seventh. The average one-bedroom apartment rent is $957, and the total cost of living is just under $1,538 per person.
Plano rounded out the top 15 rankings. The average rent for a one-bedroom apartment is $1,160, bringing the total cost of living to just under $1,753.
At $2,303, Austin had the highest average monthly cost of living of all Texas cities evaluated. However, the Texas Capital is still more affordable than coastal cities.
The rest of the top five most affordable renter cities are Wichita, Kan.; Lincoln, Neb.; Tucson, Ariz.; and Lexington, Ky.
To determine the rankings, Move.org analyzed the 75 most populous cities according to the U.S. Census Bureau using data from Numbeo.com, the Bureau of Transportation Statistics, and the U.S. Department of Transportation.
The Real Estate Center has more information like this online for free:
Source: Move.org
You might also like
TG Magazine
Check out the latest issue of our flagship publication.