U.S. cities see trend of shrinking apartment sizes.
TL;DR
New apartments in Seattle are the smallest in the US, with an average size of 659 square feet, 26% smaller than the national average. This trend of shrinking apartment sizes is happening nationwide, with newly built apartments shedding an average of 30 square feet compared to 2021. The decrease is due to more studios and one-bedroom apartments entering the market, accommodating more units in projects. The size of apartments under construction could signal whether the trend of smaller rentals will continue.
Topics:businessreal-estate#apartments#housing-trends#real-estate#rental-market#seattle#square-footage
- New apartments in Seattle are some of the smallest in U.S. Axios
- Houston apartments are bigger, compared to U.S. average Houston Chronicle
- San Antonio apartments getting bigger as national average shrinks San Antonio Express-News
- Average Seattle apartment is 659 square feet, the smallest in the country KING5.com
- Smaller apartments are flooding the market Axios
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