6 tips for finding apartments with affordable rents
Rents are at an all-time high, and multiple studies show that individuals in the country pay at least 30% of their income on rent. That said, there are ways to reduce this number and find apartments with good living conditions and affordable rents. This article lists six tips and ways that can help one bring down the amount they pay in rent and save up a bit. 1. Look for smaller units Living in a smaller apartment can significantly help cut rental costs. One could move into a studio apartment, reducing costs by a few hundred dollars each month. 2. Move to a different neighborhood Most people don’t like moving to a new neighborhood because they are comfortable in the one they live in or don’t want to spend money on moving. Reducing moving costs can easily be done by asking friends to assist in the moving process. Relocating to a new neighborhood, especially one that is farther away from the city center, is an excellent way to save on rent. Furthermore, neighborhoods that are not centrally located often have bigger apartments for a lower price. 3. Ask family and friends If one has family or friends living in the neighborhood one wants to move to, one should ask them for advice on finding an affordable apartment or to keep an eye out for “for rent” signs.