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What $2,000 Will Get You for Rent in 10 American Cities
Finding a great apartment for $2,000 in a major American city isn't impossible. Sure, you're going to have to do a little more detective work in some cities – and you might have to sacrifice size, location and some amenities – but it can be done.
We searched in 10 U.S. cities all across the country to see what type of apartment you could rent for $2,000 a month. While some areas gave us a variety of options and sizes, others we would have had to settle for location or units that were a bit smaller.
Here's a breakdown of what we found:
1. New York City
It’s no secret that New York City living is expensive. But would you believe that locals would consider this 300-square-foot studio a steal at the low price (by New York standards) of $1,900 a month.
However, the unit does come with a laundry room, back garden and extra storage and is in a great Upper West Side location. You’ll also be able to ditch the car here and save some money on gas, parking and insurance.
Savings: Rent at this unit will save you $1,200 a month compared to the average NYC studio.
2. Los Angeles
If you’re California dreaming, then you’re probably looking for a place by the ocean. But before you empty the bank account for a pricey pad on the water, there are a few bargains in popular nearby neighborhoods and cities.
Just about eight blocks from the beach, you’ll find a one-bedroom unit in Santa Monica for just under $2,000 a month. The unit is small, but includes hardwood floors and access to a nice outdoor area. Plus, you can’t beat the location near the water and just a block off Santa Monica Blvd.
Savings: This unit is about $150 less a month than the average studio in neighboring Los Angeles neighborhoods.
3. San Jose
Silicon Valley is notorious for sky-high rental prices. But if you’re looking for the best bang for your buck, check out this studio apartment in North San Jose for a shade under two grand a month.
The complex is named Epic, and that also describes some of the features you’ll find at this building. You have a gorgeous pool, property grounds and access to nearby green spaces. Plus, you’re close to public transportation to get anywhere you want in the Bay Area without worrying about sitting in traffic.
Savings: Rent for a studio unit here will save you about $200 a month compared to the average San Jose studio.
4. Quincy, MA
Want the Boston lifestyle without the astronomical Boston rental prices? Check out Quincy, less than 10 miles south of downtown.
Rather than sharing an old cramped apartment surrounded by college kids, you can get a one-bedroom pad at Quincy Common. The property is walking distance to the T for direct access to downtown and a block and a half from Wollaston Beach – one of the area’s more popular urban beaches.
Plus, the brick garden-style complex sits on a quiet, tree-lined residential neighborhood surrounded by schools, yacht clubs and quite a few seafood restaurants. It’s quintessential Boston living at the fraction of the price!
Savings: Rent for a one-bedroom unit here will save you about $400 a month compared to the average Quincy one-bedroom apartment and about $1,450 a month compared to the average Boston one-bedroom apartment.
There are dozens of great neighborhoods to rent from when it comes to Chicago. If you’re looking for an affordable location with some of the same amenities as the ultra-lux buildings downtown, Millennium Park Plaza is your best bang for your buck.
The spacious apartments with hardwood floors, granite countertops and stainless steel appliances are one thing. But the glass-domed rooftop lap pool rivals any swimming area in the entire city. And you can't put a price on this Millennium Park location: this building is less than a five-minute walk to the popular Riverwalk and Lake Shore Drive.
Savings: A one-bedroom unit here will only set you back $1,765 a month, $200 less each month compared to the average Chicago one-bedroom apartment.
Everyone in Atlanta knows that properties along the Eastside BeltLine trail are some of the most sought after – and expensive – apartments in the city. But move just a mile west and you’ll find some of the same modern Old Fourth Ward amenities for a fraction of the price.
The Prato at Midtown offers modern units with beautifully-manicured grounds, a resort-like pool area, a full gym and even a Bark Park, which is perfect for this hip and dog-friendly neighborhood. And you’re still walking distance away from the BeltLine and Ponce City Market.
Savings: A two-bedroom rental here is only $1,845 – that’s about $400 less a month than the citywide two-bedroom average to live in one of the hottest areas in town.
You’ll find plenty of space to raise a family – or have extra bedrooms to build an ultimate home theater – at the Arcadia Cove apartments in Phoenix. The complex features resort-style grounds, an impressive workout and business center and a great pool area, perfect for cooling off during those hot desert summers.
The Arcadia Cove is located close to many of the cities major interstates and is walking distance to a light rail station, so getting downtown is a breeze.
Savings: A three-bedroom unit here runs about $1,500, which is comparable to two-bedroom units downtown. You’re basically getting an extra bedroom for free.
Everything's bigger in Texas. Except for rent prices. It's easy to feel like a millionaire living at the Left Bank River Oaks apartments in Houston. But fortunately for renters, a two-bedroom/two-bathroom apartment in this regal building starts at $1,730 a month.
This apartment complex overlooks the Buffalo Bayou, leafy foliage, babbling brooks and tranquil, rock-lined walkways. The complex is walking distance from the city's small cafes, boutiques and it's close enough to the Memorial Park golf course that you can schlep your golf bag by foot and not break a sweat. The luxury unit is also fitted with granite countertops, stainless steel appliances and floor-to-ceiling pillars which give it a bit of a palatial look to it.
Savings: A two-bedroom starts at $1,730 a month, nearly $1,300 less a month than a similarly-sized place downtown with comparable amenities.
9. Columbus, OH
Location, location, location.
If you want to be in the center of the action in Columbus without sacrificing any luxuries, we found The Foundry at Jeffrey Park Apartments. Units here have trendy exposed, stainless steel heating and air ductwork and ceiling-to-floor windows, as well as a massive fitness center will make your mouth water if you're a gym rat.
Plus, this Italian Village location is also only about 500 feet away from North High Street, home to the most popular bars and restaurants in the city.
Savings: A two-bedroom unit here is $1,995, but you get nearly 1,500 square feet. Other complexes in the same neighborhood are charging the same for much smaller units, so you’re getting a better deal per square foot.
If you're going to live in Tampa, it might as well be near the bay. But those water views sometimes come with a price.
You can get first-class views with economy-level prices without giving up luxury at the Bell Channelside. The mid-rise overlooks Ybor Channel and was designed with subtle undertones of '80s-era Miami opulence while still staying anchored in the post-modern world. At 1,658 square feet, the $1,779 rent on a two-bedroom, two-story townhouse is an incredible bang for your buck.
Savings: This townhouse unit is at least $200 cheaper each month compared to smaller two-bedroom apartments in the same area.
Image credits: Unsplash, Apartment Guide and Rent.com
The rent information included in this article is based on January 2019 multifamily rental property inventory on ApartmentGuide.com and Rent.com and is used for illustrative purposes only. The data contained herein does not constitute financial advice or a pricing guarantee for any apartment.
This article was contributed by Apartment Guide and rent.com to give our readers a quick glimpse at what apartment rental prices look like around the country. The units included are not endorsed as the best deals available in each city, they are only examples of apartments you can get for $2,000 a month or less.
Any product or service prices/offers that appear in this article are accurate at time of publish, and are subject to change without notice. Please verify the actual selling price and offer details on the merchant’s site before making a purchase.