Finding Affordable Apartments For Rent
Affordable apartments for rent always affordable, but there are plenty of ways to find a deal. Start by defining your list of must-have features and staying flexible during the rental shopping process. You may have to sacrifice a doorman building, upscale appliances or an ideal location, but finding an apartment that fits your budget shouldn’t be impossible.
The best cheap apartments for rent are found in areas with higher vacancy rates. You might have to travel a bit farther from the city center, but it’s worth the effort. You can also look for a smaller apartment in less popular neighborhoods and (if you’re willing) a place with a shared yard or garage instead of an enclosed unit.
Apartment Rental Options: Choosing the Right One for Your Needs
Some of the most affordable cities to live in the United States include Pittsburgh and Minneapolis-St. Paul. The former offers cosmopolitan living at a relatively affordable price, with rent about 8% lower than the national average. The latter is similarly attractive, with residents paying about a third less in total housing costs (including mortgages, insurance and utilities) than the nation’s average.
When searching for a cheap apartment, it’s a good idea to act quickly. These rentals often don’t stay on the market for long, especially in hot markets like New York City. Searching during off-season, such as winter, can also help you land a great deal. This is when landlords are more likely to offer reduced apartment contracts in order to attract new tenants.