By Apartment Guide| AZ Big Media
Living in a studio apartment is practically a rite of passage. As one of the more affordable housing options out there, studio apartments give you the independence you’re looking for — at a budget-friendly price. In recent years, however, the price of studio apartments have actually been higher than those of a one-bedroom.
Say what?
As of October, the order of things is back where it should be, with studios reclaiming their rightful place as the least expensive type of housing unit.
Better yet, the prices of studios are trending down. In 2020, the average price for a studio apartment was $1,605 per month. Just a year earlier, the rate was $1,629.
