What are some tips on finding cheap houses for rent?


Quick Answer

One tip that can help prospective renters find cheap houses available for rent includes asking friends and family whether they know of any available homes. Before signing a lease, the renter should also know the rental market and what is included in the asking price. There are rental websites available to help with the rental process, such as Rentometer, which allows people to compare prices of different homes.

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What are some tips on finding cheap houses for rent?
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Full Answer

The number of renters in the United States has been increasing, with 36.1 percent of households renting in 2012, based on data from the United States Census Bureau, notes the United Services Automobile Association. In contrast, the number of vacancies dropped in 2013. It is important for renters to do the necessary research to find the cheapest house for rent that is suited to their needs. It is recommended that the rent make up no more than 28 percent of a person's income before taxes, notes the United Services Automobile Association. Renters should monitor the rent websites, such as Rent.com, or use a rental search engine, such as HotPads, to stay updated on availabilities in their areas. After finding a home that fits the renter's budget, the prospective renter should read the lease carefully before signing it. Some landlords charge extra for utilities and appliances, so the final rent may be higher than what was stated in the advertisement.

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