By Samantha Goldberg | Multi-Housing News
Many of today’s renters are willing to give up space in exchange for a good location and a variety of amenities.
When it comes to living spaces, size doesn’t always matter. Especially for young professionals, location is a more important factor than the size of the apartment as the cohort is more concerned with proximity to jobs, restaurants and other sources of entertainment, a recent RENTCafe report found. The proof is in the numbers with the average size of new apartments (those completed in 2016) now at 934 square feet, 8 percent smaller than those 10 years ago.
As Apartments Are Shrinking, Seattle Tops New York with the Smallest Rentals in the U.S.
