Are you thinking of moving to another city for work or financial reasons? If you’re looking for the best places to rent, low-cost housing or not, here are some guidelines to see if it’s a good idea:
1) If the price of a house or housing unit is 15 times higher if bought outright than the average rental rate, then it’s better to rent.
2) Factor in how long you plan to stay. At some point, the cost of renting year after year will overtake the cost of having bought the property or unit outright.
3) Do take into account utilities and security costs (if there are).
4) Find out first if there has been a large influx of houses for sale on the market. It’s possible that this will mean that many families have gone into rental housing, and that may mean less units available in the price range that you’re looking for.
The best cities
Some cities most definitely have better rental housing, due to many reasons.
In the West coast, California is the epicenter for rental housing these days, with Sacramento, San Diego and San Francisco topping the list. You can look at Seattle, too.
Back East, New York and Boston take the lead.
You should also look in Omaha and Kansas.
Remember, while these are the best places to rent, rental rates do vary among the cities – find out if your prospective job can afford the rates, or if you have enough laid away to survive until you get a good job.
Sign up on the box at the right for more options for rental housing, including low-cost housing.
6 Responses
Hello, my name is Maria and I would like to know more about how the housing works in Arkansas, Little Rock. My stepmother lives in California with my sister and they received housing. She wants to moved out of state because of finacial problems. Jobs are bad down there and she is trying to give a better life 2 my sister. Please let me know how I can reach someone in housing in Little Rock, Arkasansa.
Thanks
Posted on January 21st, 2011 at 3:52 am
i would like to apply for housing assistance please.
Posted on February 2nd, 2011 at 9:16 pm
Looking for Low Income housing, privately owned or No Credit Check. Will even consider house sitting while I eradicate errors with the Big Three. I have over 20+ yrs working for the Feds, therefore I am stable & employed. Our salaries here & Alaska which are highest paying just took a paycut in COLA. But that doesn’t help if rent doesn’t go down. We were given a raise in Locality Pay but, that is taxable whereas COLA isn’t. So it doesn’t balance out. It is a No Win situation. Now I am sure if everyone voted for Congress to live under Social Security like the rest of us hard working normal people and they couldn’t vote themselves a raise they would fix the problem fast.
Posted on February 3rd, 2011 at 8:57 pm
i need home really bad im disable its hard so i need help please
Posted on February 10th, 2011 at 8:36 am
i am looking to relocate i also need a job
Posted on February 13th, 2011 at 6:26 pm
Looking to settle in Deerfield Beach, Fl for health reasons.
Posted on February 20th, 2011 at 7:07 am
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