How do you find an affordable luxury apartment?


Quick Answer

Find an affordable luxury apartment by using an apartment search site such as Rent.com, Apartment.com or MyNewPlace.com to find listings within your price range, as of 2015. Also, focus your search on less populated cities and states to find lower rent and face less competition during the application process.

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Full Answer

One of the most useful features of the luxury apartment searching tools on rental listing websites is the price range feature, because it allows you to exclude any apartments that are out of your budget. Most sites allow you to set an exact minimum and maximum price, while some only offer a preset price range. When conducting a search within a city, the tool only displays apartments that fall within the range. In some cases, you may need to designate a larger search radius in order to locate additional apartments that meet your pricing needs. Also, make use of amenity search features to find listings that include the exact features you need and avoid looking at listings that have costly, unwanted aspects.

Another tip for locating an affordable luxury apartment is to search in smaller cities with an overall lower housing cost. By shifting your search to an area with a lower demand for housing, you are able to obtain the same types of features at a fraction of the cost because the housing developers are trying to attract more residents.

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