Is $1000/month for housing considered cheap?

Question

I live in the midwest.

Answer 1

the way its going now, its not bad.  Is it a house or apartment? In my area, a apartment is about $400 for a nice/decent one.  I live in Pennsylvania.

Answer 2

Depends on several factors like condition of the house/domicil,neighborhood, and what the payment includes. Is this for a mortgage or for rent?

Answer 3

If you make $4,000 a  month income, $1,000 a month is the perfect housing payment.  25% of your gross income allows lots of room for your other expenses and even emergencies.

In Phoenix you can rent an apartment for $600 monthly.  Own a condo for $800.  Rent a house for $900.  Own a house for $1,000.