If you are moving to one of the more expensive cities in the U.S., it may be daunting to think of moving apartments. Ideally, your new apartment would be top-rated (no one wants to live in a sub-par apartment, after all). But prices have spiked recently in some of most populous cities, making finding a top-rated apartment at a manageable price a bit of a challenge. Additionally, a recent study shows that rent rates are increasing faster in tech-centric cities than in the rest of the U.S. That means that cities like San Jose, Greater Washington D.C., San Diego, Raleigh, and Austin are experiencing increased rent rates as well.
So how to find a top-rated apartment without paying a Rockefeller-worthy price? If you’re going to find a good apartment in a high-rent city, you’ll need to strategize. Here are a few tips to get you started on your search for a renter-friendly apartment in a popular city.
First, budget. Figure out, for example, how much it will cost to move from one home to the next, how much your daily commute and travel will cost, and what the cost of living is in your new city. Factor in all the expenses you will encounter in your new home and you’ll be able to determine what your price range is for your new apartment.
Next, decide what is most important to you about an apartment. Every additional amenity equates to an extra cost, and in a city with an already inflated rent rate, you may have to leave off some of the more extravagant perks to get the price you want. Look for apartments while keeping this in mind, and you may be able to find the top contenders faster.
Finally, turn to online reviews to help narrow down your options and choose an apartment that is worth its price tag. Start by using an apartment ratings site to search the area for the top-rated apartments and read their reviews to get a good idea of their quality. (If you’re not sure whether the reviews you’re reading are reliable, check out our guide to spotting an unhelpful apartment review.) By using apartment reviews, you can determine whether an apartment is really worth its hefty price tag.
Share Your Apartment-Hunting Tips
Did you find a top-rated apartment for a good price in a high-rent city? Let us know how you did it! Leave a comment below, or share your sage advice with our followers by tweeting at @theRentersVoice or posting on our Facebook timeline.