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The Financial Landscape: Costs and Opportunities
While city apartments can be more expensive than their suburban counterparts, the investment often pays off in terms of time saved and lifestyle benefits. According to a recent study, the average rent for a city apartment in major metropolitan areas can range from $1,500 to over $3,000 per month, depending on the location and amenities offered1. However, many cities offer affordable housing options and rental assistance programs to help mitigate costs2.