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Living just outside a city can cut your rent down by hundreds of dollars. Check out the surrounding suburban areas and focus your search on apartments in these cheaper areas. If you work in the city, this is a great option for saving some money and keeping your commute time reasonable. If your living situation is flexible and you’re really looking to get the best deal, think about changing your living situation. Highly populated cities like New York City and San Francisco generally have much higher rent because of the high demand. Instead, look for cities like Memphis, Tulsa, Indianapolis, and Louisville, which have record-low apartment rent. Even if it’s not your dream home, a lower square footage will mean a lower monthly rate. During your search, check out apartment buildings with smaller rental options, such as 400-600 square feet. Apartments that are positioned conveniently near public transportation often cost more, so if you don’t need the extra convenience, go for an apartment that’s further away. This option can really help cut down on your rent price if you work from home, have a car, or don’t mind a longer commute.
Look in the suburbs right outside of urban areas. Consider moving to a city with cheaper apartment options. Look for an apartment with a smaller square footage. Choose an apartment that’s further away from public transportation.