Rental prices for apartments getting cheaper

Approximately it’s about $995 per month in Ohio. To one’s shock, rental prices in Los Angeles have come down to an amicable scale. “Small time metros” they were called once.  Rental prices for apartments didn’t get cheaper in small metros as expected.

Living in one of the top metros paying moderate rental price, and that’s the point one shouldn’t be thinking any further about moving.

Small metros with higher % of rental prices

 Renters living in the given places would probably be thinking about moving to big metros henceforth. A dramatic increase in the rent has made their livelihood a bit shaky.

Reasons being well-organized infrastructure no wonder that landlords have increased the rent by 85%. Steady agriculture, oil resources, water resources and mineral resources being the prime reasons.

San Angelo (TX), Wooster (OH), Williston (North Dakota), Indiana (PA), Glen Falls (NY), Nacogdoches (TX)

Listings boomed within a year’s span in these regions. Developers were seen interested in small metros since the year 2012.  To be specific rental rates have increased from $536 to $995 approximately. Similarly, it was $460 in San Angelo in 2013. Figures turned into fright to the renters in this small time metro in 2014 ($678 approximately).

On the whole, rental increase in such places seemed like it’s going to on rising scale forever. Census shows a drastic increase by 70%.

Looking into it further, Williston (North Dakota) towers its rivals. Moderate livelihood has reached up to $4,500 per month, if renters are willing to occupy a 3 bedroom-3 bath apartment/penthouse! Shared living is much of a question with such steep prices.

Big cities with fallen % of rental prices

On the other side of the colored glass, there goes a fall surprisingly low. Provided with every utility one could count on as laundry unit, pet-friendly space and policy, air conditioning, dishwasher, stainless steel kitchen and oven, 2 bedroom-2 bath units are offered at cheap rental prices.

rentals in Kansas City (KS), Tucson (AZ), Birmingham (AL), Tulsa (OK), Oklahoma City (OK), Greensboro (NC), Huntsville (AL)

Livelihoods of renters in the big metros of America make room for savings a bit more. Reason duly a fall in rental prices.

Apartment for rent in jersey city are luxurious and cost-efficient too.

Tips to deal with an unreasonable landlord

We look at a number of factors before deciding to take up a house for lease or rent. Most of these factors are often within control and can be gauged before you pay the advance and move in. However, one of the most defining factors that dictate your experience is how your landlord turns out to be. An annoying landlord can cause unnecessary tension and puts you in a tricky situation. This is how you should deal with such a situation.

Patience pays!

Being a good tenant should be the first step of trying to deal with a pesky landlord. Make sure that you keep the place tidy and abide by the rules that were mentioned in the agreement. Be courteous when the landlord makes a surprise visit, it is his place after all! If there are rules about pets or people staying over, stick to them. And the most important of all – pay up the rent on time.

Keep it simple

The easiest way to avoid conflict is to cave in. If the situation can be solved by a little flexibility from your end that does not hamper your basic rights, take the option out. Life is a lot easier if you avoid confrontation, especially when you are at the mercy of someone.

Document everything

A written proof will always help if things get out of hand. Drop a mail or a written letter when you need something sorted out instead of verbal communication. Also, make sure you have a proper rental/lease agreement signed before you step in. Get a legal counsel on such documents if needed. Also, the best thing to do in case the issue gets out of hand is to send a legal notice instead of arguing out loud. Know your right and use it to your advantage.

Take the easy way out!

The simplest solution to your conflict with the landlord is to move out! Provided you landlord is just in doing the final settlement, take the easy way out and way away and save the unnecessary tension of fighting with your landlord daily.

you can always make use of portals like Sulekha to find cheap accommodation or room sharing in the US 

5 fair reasons, perhaps to rent a house than ownin’

My neighbor keeps sayin’ it – “I would’ve have rather invested on oil strike!”

Fairly, people in Alaska are enlightened enough to know they should rather rent a house, than owning one. Assets are unpredictable in nature. However, residents of Alaska are eligible for a royalty of $1,884 – courtesy: oil strikes in Alaska.

Remortgage and remodel – Glad about its asset value increasing by 20%, I cannot keep my hands off borrowing. Yes, there’s a dustyattic that needs to be awaited upon. On top of existing mortgage, I remortgage the home on the hopes of remodeling it into a rental unit.

Perhaps, I keep increasing the risk of meddling with my credit ratings. Moral of the story is people aren’t really comfortable owning a house. They’re happy to rent it!

Debts keep coming in – A mortgage spans for about 20 to 30 years. Say that I’ve paid it off partly, however, I cannot help paying a big fat interest, other than the principal. Even if it’s going to be over home mortgage interest deduction, homeowners tend to pay more debts than they’ve paid for their home.

ax takes a hell lot of it – Owning a home? Then, I owe taxes as per state regulations. Hidden costs in buying a home are good enough to make one feel like lemons. And they bring up reasons fair enough to rent a house, than buying it!

Not to mention: Home Inspection cost, repair cost, survey expenses

Three things work for one’s own good – Bonds, stocks, cash

“!Alternative investments to owning a home