What $1,000 a Month Will Rent
Millions of people are renters. And here in the USA, I found myself wondering: “How far does $1000 REALLY go? Can I even get an apartment for $1000?
Well, look no further! Fortunately, the professionals at Apartments.com have the answer. The infographic below was very helpful.
To find out the vast variety of apartments that can be had for around $1,000 a month, we analyzed our Apartments.com data across different cities in the U.S., focusing on neighborhoods, floor plans and rising rental costs to identify where—and how—renters can get the most bang for their buck.
Despite the fact that we’re experiencing one of the lowest apartment vacancy rates in more than a decade, our research found renters can find apartments for around a grand—even in some of the largest and most expensive cities—if they are flexible and look at a variety of factors. By opening their search to nearby neighborhoods or suburbs, considering taking on a roommate to cut the bills in half or committing to a longer-term lease, many more affordable options open up.
More details on our findings are included in our press release and showcased the infograph below.
Posted on August 6, 2014, in Lifestyle, Money and tagged 2014, apartments under $1000, cheap rent cities, finding an affordable apartment, rental costs, renting, small rents big cities, What $1000 a Month Will Rent. Bookmark the permalink. Comments Off on What $1,000 a Month Will Rent.