Starting at an affordable $550 a month, residents can rent an Arcade Providence, one-bedroom unit that’s 225 to 450 square feet in size. Inside, there’s a built-in bed, full bathroom, refrigerator, sink, microwave, dishwasher, seating, and storage. For more amenities, tenants can also use the shared TV room, game room, on-site laundry facility, bike storage area, or parking garage that’s located across the street. The only catch is that there’s a waiting list with about 4,000 people currently on it.

America’s Oldest Mall Now Contains 48 Charming Low-Cost Micro-Apartments

Micro apartments started with such promise but have turned into another expensive yuppie fad. 4000 people on the waiting list? No published prices? You can guarantee yourself that it costs a lot more than $550 a month to get into one of these apartments these days.