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Average Apartment Size Shrinking as Studios & 1-Bedrooms Gain Share

Metro East REIA

Rentcafe says the rising demand for rentals is affecting the size of newly built apartments in a negative way. They point out that in 2022, the average apartment size was 887 square feet – which is 54 square feet less than 2012. Interestingly, the sharpest drop took place in 2022, when the average size went from 917 to 887. Continue reading HERE...

 
 
 

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