So what can $1,300 per month get you in real estate rental markets of Philadelphia, New Orleans and Detroit?
Here's what Curbed found out.
Philadelphia, PA (1 bed, 1 bath)
It is said that "rent just keeps getting cheaper" in Philly, and with your $1,300 per month, you can get a high-ceilinged 750-square-foot pad that offers an open-plan living and dining area. It may also come with stainless steel appliances, granite countertops, hardwood flooring, and probably a groovy graphic wall. You can also expect the bedroom to get dreamy natural light.
New Orleans, LA (2 beds, 1 bath)
If you have your eyes on New Orleans, a recently renovated 1913 home located in the historic Algiers Point -which is annual Curbed Cup competition's freshly crowned NOLA's neighborhood of the year - is up for grabs, but just the half of it. What the 1000-square-foot apartment offers is a shotgun layout. It has four bedrooms which boast 12-foot ceilings, transform windows, and mantles with defunct fireplaces. It also features huge cypress pocket doors and brand new paint jobs.
Detroit, MI (5 beds, 5 baths)
When in Detroit, your $1,3000/month will give you a 3,300-square-foot Georgian revival home located in historic Boston-Edison neighborhood. It features original Pewabic tile, leaded glass windows, great wainscoting, and a stunning staircase. You will also get a beautiful yard that comes with a couple of outdoor entertaining spaces.
Santa Barbara, CA (studio)
If you want to live in a studio that is a walking distance away from the beach, you can get a 400-square-foot apartment in Santa Barbara which comes pretty much with the basics like a kitchenette and full bathroom.
Pahoa, HI (3 beds, 2 baths)
If a Santa Barbara Studio that's a walking distance away from the beach still doesn't cut it for you, a 1,724-square-foot cedar home in Pahoa that's steps away from the ocean could be what you are looking for. It has an upper-level living area that boasts vaulted ceilings, two bedrooms in a skylight and a separate downstairs unit that has its own kitchen and bathroom. And as a bonus, it's built with a wraparound deck with sprawling ocean views.