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Chicago Rent Is A Bargain Compared To Other Big Cities, New Study Says

By Kelly Bauer | September 29, 2017 10:24am
 For $1,500 you can get nearly twice as much apartment space in Chicago as you can in San Francisco, a new analysis shows.
For $1,500 you can get nearly twice as much apartment space in Chicago as you can in San Francisco, a new analysis shows.
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DOWNTOWN — For $1,500 you can get nearly twice as much apartment space in Chicago as you can in San Francisco, a new analysis shows.

You can get 600 square feet for $1,500 per month in Chicago — more than double what you'd get in Manhattan, according to an analysis from RentCafe, an apartment search website. Chicago gets you the most apartment space per dollar out of any of the U.S. cities in the rankings.

The rankings looked at the 30 most "magnetic" cities in the world, meaning the cities that have ranked well in terms of livability, economy and cultural interaction, among other criteria, according to RentCafe.

It then compared how many square feet of space renters got per $1,500 of rent.

Chicago ranked near the middle, at No. 16. Those living in Istanbul, Turkey, get the most space — about 1,899 square feet — per $1,500, the analysis revealed.

People in Manhattan get just 277 square feet of living space per $1,500; San Francisco (316 square feet); Boston (359 square feet); Los Angeles (530 square feet); and Washington, D.C., (543 square feet) — all get less space than Chicagoans, the analysis showed.

Check out how Chicago compares: