Friday, April 5, 2019

Apartment Rental Cost History


The Average monthly apartment rent in the US in 2019 is $1,350 per month. The average apartment in the United States can run anywhere from $500 (one bed room apartments in more rural areas) to $1,500 (3 bedroom apartment in urban areas). This price could also vary depending on which utilities are included in your rent.

US Monthly Apartment Rental Cost History
1940 $284
1950 $257
1960 $350
1970 $415
1980 $481
1990 $571
2000 $602

The US average monthly rental rate
1960 $568
1970 $670
1980 $698
1990 $810
2000 $828
2010 $928
Comments

The lists above are different.  I suspect list with the lower prices included small town rentals in rural areas and the list with the higher prices came from rentals in large cities.

Norb Leahy, Dunwoody GA Tea Party Leader

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