• October 15, 2021
 RENTCafé Study: El Paso ranks 8th in Big Cities for renting high-end apartments

Photo couresy RENTCafé

RENTCafé Study: El Paso ranks 8th in Big Cities for renting high-end apartments

In their most recent RENTCafé study, staffers wanted to find the places that offer the coolest mix of luxury, amenities, large space, good price and a great location, and the Sun City took a spot in the top 10.

High-end can describe a wide range of apartments — from resort-style communities to crisp high-rises with exquisite finishes to unique apartments near plenty of job opportunities, world-renowned restaurants, and entertainment options for every taste.

Here are the highlights for El Paso:

  • El Paso takes the 8th spot of 20 big cities for renting high-end apartments.
  • At an average rent of $1,048 and apartments averaging 919 sq. ft., El Paso offers a good balance of price and space for this category of rentals.
  • With just 19% of the city’s apartments being high-end, interested renters may be in for some serious competition.

According to RENTCafe’, the Sun City’s rank is well-earned, and ahead of two well-know destinations.

If you don’t mind the Texas heat, El Paso and its 919 sq. ft. at $1,048 per month is another cool alternative for getting the best out of high-end living.

Further north and squished between two Texas cities is Albuquerque, with 34% of its local inventory being high-end units of 938 sq. ft. at about $1,224. Living large in New Mexico’s most populous city means access to amazing cultural events, unique experiences and even high-tech research facilities.

One of the largest and fastest-growing cities in the country, San Antonio, TX, comes in 10th with a cool 48% high-end apartments you can choose from at around $1,248.

“To discover the sweet spots of quality and price, we considered the average rent and size of high-end rentals in more than 600 cities and town,” RENTCafe staffers shared. “We also factored in the share of high-end apartments in each city, as well as how many of those apartments are in top locations.”

According to the research,  when it comes to renting high-end apartments, small cities will get you the most bang for your buck.  With that in mind, Las Cruces made the Top 20 overall.

 

To read the entire article, click here.

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