There’s no doubt about it: Like pretty much everything else in life, the cost to rent an apartment in the U.S. is going up.
Median monthly rent for U.S. apartments rose by 15 percent from 2000 to 2016, according to Harvard University’s Joint Center for Housing Studies. During that time, the median monthly rent went from $850 to $980.
To reduce the cost of an apartment, some renters turn to something called income-restricted housing. At complexes that offer income-restricted apartments, the monthly rental amount takes into account the renter’s income.
How does all of this work? Here are four things you should know before renting an income-restricted apartment. Read the rest of this entry »
“BRRR! It’s cold in here! There must be some Toros in the atmosphere!” Or maybe you just have some old apartment windows? Yes, we’re quoting Bring It On, but it is a fitting description of your drafty apartment. Plus, we’re just excited to share these creative ways you can lower your heating bill this winter without damaging your apartment. So now, bring it on! (The savings, that is). Read the rest of this entry »
Monthly rent: every renter pays it, and every renter hates it. However, if you want to keep a roof over your head, it’s an unavoidable expense. Sadly, rents have been soaring in areas all over the country, even outpacing home values. So, what can you do when it’s poised to go up? You might be surprised to find that your hands aren’t necessarily tied. Get tips to avoid a rental increase from your friends at ApartmentSearch! Read the rest of this entry »
With the possible exception of “crazy neighbors” and “rat infestation,” no two words strike more fear into the hearts of renters than “rent increase.” If you know or suspect an increase is coming, don’t wait for it to hit your bank account. Speak with your landlord. Make it known that you wish to negotiate the rent increase. And let them know you have a few ideas they might wish to consider. Here’s how. Read the rest of this entry »
With summer quickly approaching, it’s time to get down to the nitty-gritty. If your internship’s in town, that’s great! But what if it isn’t? Many internships can take you clear across the country for just a few short months, costing you a pretty penny in short-term housing. But have no financial fear—with a little creative spending (and saving), you can still have the summer of your dreams! Read the rest of this entry »
“Summer breeze, makes me feel fine,” but summer heat and electricity bills definitely do not. If you live in an apartment, you’re probably familiar with the rising costs of your energy bill in the summer. So how can you keep your cool without paying a fortune? Here are some great money-saving hacks, just for apartment renters. Read the rest of this entry »
Tax Day is almost here! Have you been putting your taxes off? Don’t worry – you definitely aren’t alone. Make sure your returns are filed on time by enlisting a bit of help. Check out this handy list of places where you can get last-minute tax prep help, often for free! Read the rest of this entry »
Tax day is Tuesday, April 18th. Whether you’re bravely doing your taxes yourself, paying someone to do them for you, or bribing a friend with pizza to help you, one thing is a no-brainer – you want all the tax breaks you can get! And while you may think that homeowners get to take home all the tax deductions, that’s not necessarily true. There are a few creative tax breaks that could be perfect for apartment renters too! Read the rest of this entry »
Face it: your parents, while so generous for letting you stay, aren’t exactly your ideal roommates. And your other options range from “friends who would be terrible to live with” and “random people on Craigslist that scare you a little.” When it’s finally time to cut the cord and live on your own though, you may wonder, “Can I afford to live on my own?” Check out these tips to find out how you can better prepare for solo apartment living and plan for the costs that you may have overlooked! Read the rest of this entry »
Spring is here and for thousands of college students across America, it means one thing… spring break. Visions of beaches, parties and a week-long celebration of their youth fill the days leading up to mid-terms. However, for some college students, spring brings to mind a harsh reality. In just a few short weeks. the ride is up and life in the real world begins. They might be spending spring break apartment hunting to get ready for what lies ahead. Very soon, it will be time for Adulting 101. Read the rest of this entry »