Micro apartments are a recent trend in overcrowded and expensive coastal locales like San Francisco and New York, but they've been moving inwards to the Midwest—even though these cities have plenty of space.
Des Moines is one such city with a growing market for the smaller-than-traditional spaces. Even though you can buy a three bedroom home for under $150,000, a converted office building is now a new development, complete with a yoga studio and cinema room. In that building, $850 will get you about 450 square feet.
If you live in a sprawling city, do you see a benefit in micro-apartments, or are you happy with a larger home?
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- Micro-Apartments Are Coming to the Midwest | Bloomberg