New Mexico’s desert landscapes and cultural heritage create a compelling backdrop for renters seeking a extraordinary living experience. From the sun-soaked streets of Albuquerque to the historic ambiance of Las Cruces, the state offers a diverse range of cities worth exploring. This ApartmentGuide article takes you through the pros and cons of living in New Mexico so you can learn more about the “Land of Enchantment” and help you make an informed decision about your next home.
Renting in New Mexico snapshot
1. Pro: Rich cultural heritage
New Mexico’s cultural heritage is a blend of Native American, Hispanic, and Anglo influences, present in everyday life. The state is home to numerous cultural festivals, such as the Albuquerque International Balloon Fiesta and the Gathering of Nations Pow Wow, which showcase its diverse traditions and history.
2. Con: Water scarcity
Water scarcity is a significant issue in New Mexico, affecting both urban and rural areas. The state’s reliance on the Rio Grande and its aquifers means that drought conditions can severely impact water availability, leading to restrictions and conservation measures for residents especially in the summer.
3. Pro: Outdoor recreation
New Mexico offers unparalleled opportunities for outdoor activities, with landscapes ranging from the Chihuahuan Desert to the peaks of the Sangre de Cristo Mountains. Residents can enjoy hiking, skiing, and exploring national parks like White Sands and Carlsbad Caverns.
4. Con: Hot summers
During the summer months, New Mexico often experiences extreme weather conditions characterized by scorching temperatures and intense sunlight. Heatwaves are common, with temperatures frequently soaring above 100°F, especially in the desert regions. These extreme weather patterns can pose health risks, strain energy resources, and exacerbate water scarcity concerns.
5. Pro: Affordable cost of living
Housing, utilities, and daily expenses are generally lower in New Mexico, making it easier for residents to enjoy a higher quality of life. These affordable housing costs are evident in cities like Las Cruces which has a median sale price of $279,000 and an average rent price for a one-bedroom of $942.
6. Con: Limited public transportation
New Mexico faces challenges in providing comprehensive public transportation options, particularly in rural areas where services may be limited or non-existent. However even Albuquerque, New Mexico’s largest city has a transit score of 29 which makes it a car-dependent location.
7. Pro: Historic landmarks
New Mexico boasts numerous historic landmarks that contribute to its rich cultural heritage. Iconic sites such as Taos Pueblo, a UNESCO World Heritage Site dating back over a thousand years, and the historic adobe structures of Old Town Albuquerque provide glimpses into the state’s storied past.
8. Con: Limited cultural amenities in rural areas
In rural areas of New Mexico, access to cultural amenities such as theaters, museums, and galleries may be limited compared to urban centers. Residents in these regions often have fewer opportunities to engage in cultural events and activities due to the sparse population and distance from major cultural hubs
9. Pro: Culinary diversity
New Mexico boasts culinary diversity influenced by Native American, Hispanic, and Anglo traditions, offering a unique and flavorful dining experience. Dishes such as green chile stew, Navajo tacos, and carne adovada showcase the fusion of these cultural influences in New Mexican cuisine.
10. Con: Infrastructure needs
New Mexico faces infrastructure needs, particularly in transportation and utilities, which can pose challenges for residents. Issues such as road maintenance, broadband access, and water distribution systems may be inadequately developed in certain areas, leading to inconvenience and potential safety concerns.
11. Pro: Stargazing
New Mexico offers exceptional stargazing opportunities thanks to its clear skies and minimal light pollution, making it an ideal location for astronomers and stargazers. Notable sites like the International Dark-Sky Association-designated communities of Silver City and Clayton, as well as observatories such as the Very Large Array and the Apache Point Observatory, provide unparalleled views of the cosmos.
12. Con: Limited job opportunities
New Mexico faces limited job opportunities, particularly in certain industries and regions, which can be a drawback for residents seeking employment. For instance, the state’s reliance on the government sector, including national laboratories and military installations, may result in fewer private sector job prospects.
Methodology : The population data is from the United States Census Bureau, walkable cities are from Walk Score, and rental data is from Redfin.
North Carolina boasts a diverse range of landscapes, from the majestic Appalachian Mountains to the Atlantic Ocean’s tranquil shores. Its cities, such as Wilmington with its historic charm and Durham as a thriving academic and tech hub, offer unique living experiences. However, living in North Carolina comes with its challenges. In this ApartmentGuide article, we’ll explore both the pros and cons of living in North Carolina, giving you a clear picture of what to expect.
Renting in North Carolina snapshot
1. Pro: Rich historical heritage
North Carolina is steeped in a rich historical heritage that dates back to the early colonial days, offering residents and visitors a glimpse into America’s past. From the historic Roanoke Island, the site of England’s first settlement in the New World, to the Wright Brothers’ first flight at Kitty Hawk, the state is a living museum of American history.
2. Con: Hurricane risk
North Carolina’s location along the Atlantic coast makes it vulnerable to hurricanes and tropical storms. These natural disasters can cause significant damage to property and disrupt lives. The state has experienced several devastating hurricanes, including Hurricane Florence in 2018, which caused widespread flooding and destruction.
3. Pro: Diverse landscapes
From the majestic Appalachian Mountains to the serene beaches of the Outer Banks, North Carolina boasts a diverse range of landscapes. This variety not only provides stunning views and recreational opportunities but also supports a rich biodiversity, including the Great Smoky Mountains National Park, home to a vast array of wildlife and plant species.
4. Con: Pollen levels
North Carolina’s diverse flora contributes to high pollen levels, especially during the spring and fall. This can be a significant issue for residents with allergies, leading to discomfort and health concerns. Cities like Raleigh are often ranked among the worst in the U.S. for allergy sufferers due to their high pollen counts.
5. Pro: Thriving arts and culture scene
The state’s commitment to arts and culture is evident in its numerous museums, galleries, and theaters. The North Carolina Museum of Art in Raleigh and the Mint Museum in Charlotte are cultural landmarks, offering extensive collections and exhibitions. The state also hosts various arts festivals throughout the year, such as the Foothills Folk Art Festival in downtown Newton. celebrating everything from music to local crafts.
6. Con: Traffic congestion
Urban areas in North Carolina, particularly Charlotte and Raleigh, two of the largest cities in North Carolina are known for their traffic congestion. The rapid population growth and urban sprawl have led to increased traffic volumes, making commuting times longer and more stressful for residents.
7. Pro: Educational opportunities
North Carolina is home to some of the nation’s top universities, including Duke University, the University of North Carolina at Chapel Hill, and North Carolina State University. These institutions not only provide excellent educational opportunities but also contribute to the state’s vibrant research and innovation landscape.
8. Con: Seasonal weather extremes
The state experiences a wide range of weather conditions, from hot, humid summers to cold, snowy winters. In fact, North Carolina is among the most humid states in the nation with humidity levels of 82.83%. These seasonal extremes can be challenging for residents, affecting everything from daily activities to energy costs.
9. Pro: Affordable housing costs
Housing in North Carolina is relatively affordable compared to neighboring states. In popular cities like Charlotte, rent for a one-bedroom apartment is $1,519, while in cities like Fayetteville, it’s notably lower at an average of $988. Even when it comes to purchasing a home, the state’s median sale price of $360,100 falls below the national median.
10. Con: Poor infrastructure
There are many roads and bridges in North Carolina that contribute to the state’s poor infrastructure. For instance, 33% of the roads are in poor condition while many bridges in North Carolina were deemed structurally deficient. The state’s poor infrastructure can be challenging for residents especially in winter months when weather is extreme.
11. Pro: Outdoor recreation
North Carolina is a haven for outdoor activities that fit many lifestyles. With it’s diverse landscapes, you’ll be able to retreat into the scenic mountains for some camping or hiking, or enjoy a day at one of North Carolina’s beaches where you can fish or relax along the coast. With over 350 waterfalls, 300 miles of coastlines and its mountain ranges, there is a lot to explore in the state.
12. Con: Limited public transportation
North Carolina is mostly a car-dependent state, with many cities having low transit scores. You can expect minimal public transportation in rural cities, however even in populous cities like Charlotte, the transit score sits at 27 meaning that most errands require a car.
Methodology : The population data is from the United States Census Bureau, walkable cities are from Walk Score, and rental data is from ApartmentGuide.
Data experts on the mortgage team at NerdWallet dig into NerdWallet’s survey research, as well as public datasets, to identify trends and provide insights on the ever-changing U.S. housing market. On this page, you’ll find some of NerdWallet’s most-read research and commentaries on home buyers and sellers, mortgage interest rates and homeownership.
For NerdWallet statistics and data on additional topics, including credit cards, banking and student loans, head to our studies and data analysis hub.
Have questions or want to speak with a NerdWallet expert? Reach out to [email protected].
Mortgage interest rates
Daily mortgage interest rates
Mortgage interest rates this week
Mortgage interest rates this month
NerdWallet home and mortgages expert Holden Lewis writes a monthly column covering the near-term forecast for mortgage rates.
Annual home buyer report
Every winter, NerdWallet collaborates with The Harris Poll to survey U.S. adults 18 years and older. The results provide a nationally representative snapshot of how Americans perceive the housing market.
2024 Home Buyer Report: Pessimism reigns as home buyers struggle and the goal of homeownership loses some of its luster.
2023 Home Buyer Report: Higher mortgage interest rates and apprehensions about the economy have Americans unsure about their ability to purchase homes.
2021 Home Buyer Report: Pent-up demand from would-be home buyers clashes with a limited supply of homes for sale.
2020 Home Buyer Report: Buying a home is a top priority, especially for younger generations, but some feel locked out of homeownership.
2019 Home Buyer Report: Recent buyers have had to get competitive to close their deals, and many feel stretched by the costs of homeownership.
2018 Home Buyer Report: Homeownership is a widely shared goal, but concerns about costs keep some buyers sidelined.
Quarterly first-time home buyer affordability report
Each quarter, NerdWallet data analyst Elizabeth Renter analyzes information from sources including the U.S. Census, the Bureau of Labor Statistics and the National Association of Realtors to better understand the challenges facing first-time home buyers.
Q4 2023: A slight bump in inventory isn’t enough to ease affordability challenges.
Q3 2023: Higher mortgage rates outpace slight price declines seen in some metros.
Q2 2023: Seasonality appears to be returning to home prices.
Q1 2023: Banks’ tighter lending standards add to the difficult climate for first-time buyers.
Q3 2022: Price increases slow, but rising mortgage rates eat into potential savings.
Q2 2022: Falling wages and price growth intensify affordability struggles.
Q1 2022: Two years’ worth of data highlights housing market challenges.
Q4 2021: High prices and low inventory are a double whammy in some markets.
Q3 2021: Moderate improvements may be blips, not trends.
Q2 2021: Notable year-over-year decline in affordability.
Q4 2020: Typical winter shifts in the housing market may help home buyers.
Q3 2020: Competition is hot for the limited supply of homes on the market.
Q2 2020: Real estate booms as the country comes out of quarantine.
Q1 2020: Home prices rise, even as the effects of the pandemic are unclear.
Elevated mortgage rates took a bite out of new home sales in February, as they declined slightly from the previous month. Builders continue to respond to affordability concerns; half of the homes sold in February cost under $400,000, compared with 45% in January.
March 25, 2024
Latest housing market columns from Holden Lewis
Additional studies and data analysis
Home buyers
Home improvement
2022 study: After a boom in renovations and DIY projects, homeowners may dial back home improvement plans (Nov. 2022).
2020 study: Homeowners prioritize DIY and paying for projects with cash (Oct. 2020).
Home sellers
2023 data analysis: Why homeowners may want to sell despite higher interest rates (March 2023).
2021 study: What to expect listing a home in a seller’s market (April 2021).
2019 study: What sellers should know before listing (May 2019) .
Housing market
Mortgage denials
2022 data analysis: Higher home prices and debt contribute to home loan denials (Nov. 2023).
2021 data analysis: Competition and lack of collateral drive mortgage denials (Oct. 2022).
2020 data analysis: Tighter lending standards make some home loans harder to obtain (Nov. 2021).
2019 data analysis: Debt-to-income ratio most-cited reason for mortgage denials (Oct. 2020).
Located in the northeastern region of the United States, New Jersey is characterized by its cities, picturesque coastline, and rich cultural heritage. From Jersey City’s skyscrapers to Cape May’s charming seaside towns, the state offers a diverse range of experiences for residents and tourists. In this ApartmentGuide article, we’ll discuss the pros and cons of living in New Jersey to provide valuable insights for those considering a move or wanting to learn more about the state. Whether you’re interested in renting, or ready to explore, read on to discover what life in New Jersey is like.
Renting in New Jersey snapshot
1. Pro: Rich historical sites
New Jersey is steeped in American history, offering numerous historical sites and landmarks. From the battlegrounds of the Revolutionary War in Princeton to the iconic Ellis Island and Liberty State Park, the state serves as a living museum. These sites not only provide educational experiences but also serve as beautiful places for exploration.
2. Con: High housing costs
The housing costs in New Jersey is notably high compared to the national average. This is particularly evident in housing costs especially in popular metros like Hoboken, where the median sale price is $840,000 and rent for a one-bedroom is $2,900. Residents often find themselves allocating a significant portion of their income to maintain a standard of living, making savings a challenge for many.
3. Pro: Proximity to major cities
New Jersey’s strategic location offers unparalleled access to major cities like New York City and Philadelphia. This proximity provides residents with the unique advantage of enjoying suburban tranquility while having easy access to the urban amenities, employment opportunities, and cultural experiences offered by these metropolitan areas.
4. Con: Traffic congestion
With its dense population and proximity to major urban centers, New Jersey faces significant traffic congestion, particularly in the northern part of the state around Hoboken and Jersey City which are near the highways to to Manhattan. Commuters often experience lengthy delays, especially during peak hours, which can affect daily schedules and overall quality of life.
5. Pro: Diverse culinary scene
New Jersey boasts a diverse culinary scene, with a wide array of dining options ranging from fine dining to local diners and food trucks. The state is famous for its Italian cuisine, diners, and being the birthplace of the iconic Taylor Ham, egg, and cheese sandwich. This diversity offers residents and visitors a rich palette of flavors to explore.
6. Con: Weather extremes
New Jersey experiences a wide range of severe weather conditions including tornadoes, thunderstorms, high winds and hailstorms. These extremes can pose challenges for residents, from dealing with the discomfort of hot and humid summers to navigating the difficulties of storms and the associated disruptions they can bring.
7. Pro: Great educational institutions
The state is home to some of the nation’s pristine educational institutions, including Princeton University. New Jersey’s school system is one of the best in the nation, providing quality education from kindergarten through university.
8. Con: Property taxes
New Jersey residents face some of the highest property taxes in the United States. The property tax rate is 2.26% which compared to the national average of 0.99% is very high. This financial burden can be a significant challenge for homeowners and those making a jump from renting to owning.
9. Pro: Diverse housing options
New Jersey offers a diverse range of housing options, catering to various preferences and lifestyles. From historic neighborhoods with charming brownstones to modern high-rise apartments overlooking bustling cityscapes, there’s something for everyone. This abundance of housing choices enables residents to find accommodations that suit their needs and preferences.
10. Con: Seasonal tourists
During the summer months, New Jersey becomes a hotspot for tourists seeking sun, sand, and sea along its iconic coastline. Boardwalks bustling with activity and amusement parks attract those looking for entertainment and relaxation. From the historic charm of Cape May to the lively feel of Atlantic City, New Jersey’s diverse attractions ensure a memorable experience for visitors throughout the seasons.
11. Pro: Beautiful beaches
12. Con: State sales tax
New Jersey’s sales tax rate is relatively high compared to many states, which can increase the cost of goods and services for residents. In fact, New Jersey is ranked 8th in the nation for its state tax rate standing at 6.625%. This tax burden may pose a challenge for individuals and families on tight budgets, impacting their purchasing power.
Methodology : The population data is from the United States Census Bureau, walkable cities are from Walk Score, and rental data is from ApartmentGuide.
It seems the cruise lines are all trying to outdo each other by seeing who can build the biggest ship with the most bells and whistles. However, bigger is not always better. Some ports can’t fit the mega ships or accommodate the large number of passengers they bring with them. Other times, the cruise is all about the itinerary and not the ship.
That’s the case with the Celebrity Millennium, the namesake of Celebrity Cruises‘ Millennium class of ships which also includes the Infinity, the Constellation, and the Summit.
All four ships are on the smaller side when compared to Celebrity’s Solstice and Edge class ships, and they don’t have all of the latest and greatest amenities, but they’re very adequate, especially for port-intensive itineraries in Asia.
Celebrity Millennium overview
The Millennium is an older ship, with its maiden voyage taking place on July 1, 2000. However, in 2019 it received an extensive upgrade as part of Celebrity’s fleet-wide modernization effort, which cost the cruise line more than $500 million. The Millennium currently has a guest capacity of 2,218 with 11 guest decks.
The ship’s home port is in Tokyo, and it has spent the past few seasons sailing itineraries around Asia, notably taking passengers to various ports of call in Japan. It will remain there at least through the 2025-2026 season.
Unlike some cruise ships, the Millennium spends a lot of time in port, visiting up to eight ports on a 12-night itinerary. This means the ship is more often a place to eat and sleep when you’re not out exploring, instead of a destination itself — the onboard entertainment options are just an extra bonus.
Millennium accommodations
There are a total of 1,109 staterooms on the Millennium, and 58% of them feature a veranda. There are 10 different room types from which to choose — they range from luxurious suites to concierge-level rooms to basic interior staterooms.
The photo below shows a veranda stateroom on Deck 6, with 170-square feet of space and a 38-square foot balcony. The large bed can also be separated into two twin beds if needed. In addition to the area pictured, the room also features a refrigerator, drawers, a closet and a safe.
The veranda room also comes with a small desk area near the sliding glass balcony door. The desk features several outlets for charging your electronics: two American-style outlets, two USB-A ports and one European-style outlet. There are additional outlets near the bed.
A small bathroom features a walk-in shower along with a toilet and vanity.
The balcony was set up with two chairs and a small table, and included dividers on each side for privacy from the neighbors.
🤓Nerdy Tip
Bring a small clock with you if you’re sailing on the Millennium. There isn’t one in the room, and it’s nice to know what time it is without having to pull out your phone.
Millennium cabin types
In addition to the veranda stateroom described above, the Millennium has several other room types:
Inside cabins and ocean view staterooms: These rooms provide 170-square feet of space and either no windows or a porthole window with ocean view, but no balcony.
Concierge Class staterooms: Concierge class rooms come with a veranda and are slightly larger at 209-square feet. These rooms have a dedicated concierge and provide passengers with access to exclusive events.
Aqua Class staterooms: For those interested in a wellness-focus, these rooms come with a veranda, premium bathroom amenities, complimentary fitness classes, access to the Persian Gardens thermal suite and complimentary dining at Blu, a “clean cuisine” restaurant solely for Aqua Class passengers.
The Retreat: This exclusive section on the ship is reserved for four different types of suites. The cabins are larger — two penthouse suites clock in at 1,432-square feet each — and guests have access to a private lounge and sundeck as well as a dedicated restaurant, Luminae. In addition to the two penthouse suites, there are 48 smaller suites on offer.
Dining on the Celebrity Millennium
The Celebrity Millennium is a bit of a throwback to the days where the main dining room was the main attraction, with the Metropolitan dining room taking center stage. However, there are several other dining options on board, ranging from a buffet to specialty restaurants that cost extra.
Metropolitan dining room
The Metropolitan dining room is the main dining venue on Decks 4 and 5. The lower deck offers anytime seating where guests can come and go when they want. The seating on Deck 5 is divided into early and late seating, where passengers show up for meals at a set time.
Parts of the restaurant are open for breakfast, lunch, and dinner and the dinner menu changes nightly. Dining in the main dining room is included in the cruise fare.
The Oceanview Café
The Oceanview Café is the buffet on Deck 10 that has a variety of food stations to choose from.
The Oceanview is open for all meals and for late-night pizza. The offerings change daily for lunch and dinner, while the breakfast menu stays pretty much the same.
The Oceanview is also where many special events happen, like special Christmas and New Year’s buffets.
Other free dining venues
Other free dining venues on the Millennium include:
Café al Bacio on Deck 5 has coffee drinks, both boozy and traditional, as well as a case with breakfast pastries in the mornings and desserts all day.
Spa Café on Deck 10 in the Solarium has healthy dishes for free and a juice/smoothie bar (which you have to pay for unless you have a premium or non-alcoholic drink package).
The Mast Grill is near the outdoor pool and has grilled hamburgers, veggie burgers, turkey burgers and hot dogs. It’s also the place to get great French fries that are perfect to eat while getting some sun near the pool.
Restaurants for Aqua Class and Retreat passengers
There are also two restaurants that are exclusively for those staying in certain cabin types.
Luminae on Deck 4 is for guests staying in suites in The Retreat. It is always open for breakfast and dinner and serves lunch on days at sea.
Blu is on Deck 5 and is for guests staying in AquaClass cabins. It is open for breakfast and dinner.
Specialty dining restaurants
The Celebrity Millennium also has four specialty dining venues that either have a prix fixe menu or a la carte fare:
Le Petit Chef at Qsine combines food, entertainment and 3D mapping to create a unique dinner show experience.
The Tuscan Grille is a combination of an Italian restaurant and a steakhouse.
Sushi on Five is exactly what it says it is, a sushi restaurant on Deck 5.
The Gelateria is also on Deck 5 and serves gelato charged by the scoop.
🤓Nerdy Tip
If you want to dine at all of the specialty dining restaurants, a specialty dining package can save you some money instead of paying each cover charge separately.
Bars and lounges
As with any cruise, there’s no shortage of places to partake in a cocktail or enjoy a glass of wine. Drinks and lounges are available on each deck, and you can carry drinks from place to place.
The Sky Lounge is located on Deck 11 and features great ocean views as well as music and dancing after dark.
Cellar Masters is on Deck 5 near the Metropolitan Restaurant. Wine is the specialty here and they serve vintages that are not available at other bars.
🤓Nerdy Tip
Make sure you understand the pricing limits if you have a drink package. The classic drink package includes most items up to $10. The Premium package includes items up to $17. If you order something that costs more than your package limit, you will have to pay the difference.
At the Martini Bar and Crush on Deck 4, bartenders put on a show for guests while constructing complicated drinks, all atop an ice-covered bar.
The Rendezvous Lounge is on Deck 4 near the lower level of the Metropolitan Restaurant. It’s a great spot for a pre-dinner cocktail or after-dinner dancing.
The Sunset Bar is also the outside seating area for the Oceanview Café on Deck 10. It’s a great place to watch the wake when the ship is sailing or catch some live music in the evenings.
Public areas
The Celebrity Millennium is one of the line’s smaller ships. There is a main atrium area that runs through Decks 3, 4 and 5.
If you need to visit guest services or the shore excursion desk, both are in this central area on Deck 3.
The Theater spans Decks 4 and 5. During most cruises, there are several shows featuring singers, dancers and aerialists as well as other shows with musicians and comedians.
The Casino is on Deck 4. It is closed while in port, but open when at sea. There are plenty of slot machines, roulette wheels, blackjack tables and more.
Pools and outdoor venues
The Celebrity Millennium has two main pools. One is outdoors and for all ages. The other, dubbed The Solarium, is indoors and for adults only. Both are on Deck 10.
The main pool has chairs situated around its perimeter. Some are in the sun while others are under cover. There are also several hot tubs passengers can use here. A dual-purpose jogging and walking track circles the pool up on Deck 11.
The Solarium is near the front of the ship and features a relaxing waterfall. The Spa Café is nearby, as well as the entrance to the spa itself.
Sports decks
A multipurpose sports court is located on Deck 12. At times, it’s used as a basketball court, while other times it is for pickleball.
There are also nearby cabanas for taking a break between games.
The Rooftop Terrace
Above the Sunset Bar on Deck 12 is the Rooftop Terrace, a space with cabanas, comfortable chairs and an outdoor movie screen.
Shopping
Shopping is not a big focus on a smaller ship like the Celebrity Millennium, but there are a few shops on Deck 5. You can find necessities like toiletries, as well as indulgent items like jewelry.
Celebrity Millennium recapped
The Celebrity Millennium may not be the newest or biggest cruise ship, but it’s an adequate vessel for port intensive itineraries like Asia, where it will be sailing at least through the 2025-2026 season.
If you’d like to sail on the Millennium, itineraries range from 11 to 14 nights and may include stops in Hong Kong, India, Indonesia, Japan, Malaysia, Singapore, South Korea, Sri Lanka, Taiwan, Thailand and Vietnam.
Top photo by Tiffani Sherman.
How to maximize your rewards
You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2024, including those best for:
In Big Sky Country, Montana’s scenic landscapes and open spaces offer an unparalleled living experience for renters. This ApartmentGuide article takes you through the pros and cons of living Montana, highlighting the picturesque views of Great Falls to the cultural richness of Missoula. However with every state, there are downsides to living there. Join us as we explore what life is like in Montana, so you can learn if a move to this state is right for you.
Renting in Montana snapshot
Population
1,132,812
Avg. studio rent
$837 per month
Avg. one-bedroom rent
$901 per month
Avg. two-bedroom rent
$1,070 per month
Most affordable cities to rent in Montana
Great Falls, Helena, Missoula
Most walkable cities in Montana
Helena, Bozeman, Missoula
1. Pro: Stunning natural landscapes
Montana has plenty of stunning natural landscapes characterized by its majestic mountains, pristine lakes, and expansive plains. Iconic examples include the rugged peaks of the Rocky Mountains in Glacier National Park, the crystal-clear waters of Flathead Lake, and the vast stretches of rolling prairie in the eastern part of the state.
2. Con: Harsh winters
Montana experiences harsh winters characterized by heavy snowfall, cold temperatures, and icy conditions. For instance, cities like Bozeman and Helena often see significant snow accumulation, while rural areas endure even more extreme weather, with temperatures plunging well below freezing for extended periods. These harsh winter conditions can pose challenges for transportation, outdoor activities, and daily life of residents.
3. Pro: Access to National parks
Big Sky Country offers easy access to iconic national parks, enriching residents’ lives with their breathtaking beauty and diverse ecosystems. For example, Glacier National Park showcases towering peaks, pristine lakes, and ancient glaciers, while Yellowstone National Park mesmerizes visitors with its geothermal wonders and abundant wildlife.
4. Con: Limited job opportunities
While Montana’s economy is growing, the state still faces challenges in providing diverse job opportunities, particularly in more rural areas. Sectors such as technology and healthcare may offer limited options outside of major cities like Billings and Missoula, leading to potential difficulties for residents seeking employment in these fields.
5. Pro: Rich cultural heritage
Montana’s rich cultural heritage includes a deep connection to Native American history and Western culture, which are proudly celebrated throughout the state. Events like the Crow Fair and Rodeo not only honor Native American traditions but also showcase Montana’s cowboy culture, attracting people from around the world to celebrate the enduring spirit of the American West.
6. Con: Distance from services in rural lands
Due to its vast size and rural nature, some areas of Montana can be difficult to access, especially in the winter months when heavy snowfall and icy conditions can impede travel. As a result, communities in these regions may face challenges reaching healthcare, schools and other important services.
7. Pro: Clean air and water
Montana boasts clean air and water thanks to its relatively low pollution levels and pristine natural environment. With vast expanses of untouched wilderness and few major industrial centers, the state enjoys air quality that is among the best in the nation. Additionally, Montana’s numerous rivers, lakes, and streams remain unpolluted, providing residents with access to fresh and clean water for drinking.
8. Con: Wildfire risk
There is a significant wildfire risk in Montana, especially during dry and hot seasons, due to its vast forests and grasslands. High temperatures and occasional drought conditions create ideal conditions for wildfires to ignite and spread rapidly, posing threats to property, wildlife habitats, and public safety.
9. Pro: Wildlife viewing
Montana offers exceptional opportunities for wildlife viewing, with its diverse habitats supporting a wide variety of species. For instance, visitors can observe majestic grizzly bears, wolves, and elk in the rugged wilderness of Yellowstone and Glacier National Parks. Additionally, the state’s expansive grasslands provide habitats for iconic species such as bison, pronghorn antelope, and golden eagles.
10. Con: High altitude concerns
Montana’s high altitude presents potential health concerns for residents and visitors alike. With elevations ranging from plains to mountains, individuals may experience altitude-related issues such as dehydration, altitude sickness, and respiratory problems, particularly when ascending to higher elevations.
11. Pro: Affordable cost of living
Montana has a relatively affordable cost of living compared to many other states, particularly in terms of housing. With a mix of urban and rural areas, residents can find affordable housing options. Major cities in Montana like Billings is a great example of affordability in a larger city. The median sale price in Billings is $365,000 whereas rent for a one-bedroom apartment is $1,295.
12. Con: Seasonal tourism impact
The state experiences an influx of tourists drawn to its stunning natural landscapes and iconic attractions such as Glacier and Yellowstone National Parks. During the summer months, visitors flock to the state for outdoor adventures like hiking, camping, and wildlife viewing, while winter brings enthusiasts seeking world-class skiing and snowboarding opportunities. The influx of tourists during peak seasons can lead to crowded attractions, increased traffic congestion, and higher demand for services.
Methodology : The population data is from the United States Census Bureau, walkable cities are from Walk Score, and rental data is from ApartmentGuide.
Want to learn how to make $5 fast? If you need to make $5 as quickly as possible, there are ways to make that happen. Many of the ways to make $5 dollars fast on today’s list are quite easy and can even be stacked together so that you can make extra income many times…
Want to learn how to make $5 fast?
If you need to make $5 as quickly as possible, there are ways to make that happen. Many of the ways to make $5 dollars fast on today’s list are quite easy and can even be stacked together so that you can make extra income many times over and over again.
Whether you’re in need of a little extra cash or just looking for a way to supplement your income, various strategies can help you earn that money quickly.
17 Ways To Make $5 Fast
Want to learn how to make $5 fast? Here are the best ways to make $5 right now and every week.
1. Take surveys online
Earning $5 a day just by answering surveys is possible and is an easy way to make money from home.
When I was paying back my student loans, I filled out many surveys every week. I did this before work, during lunch, or after work. It was easy because I could do it whenever I had some free time.
Survey companies give you money for answering surveys, watching videos, and trying out products. Sometimes, they might even give you free products to test. And the great thing is, signing up with these companies doesn’t cost anything!
Some of the paid online survey companies I recommend are:
The sites above usually pay out via cash rewards to PayPal accounts or gift cards to places like Amazon.
Here are 11 Paid Online Survey Sites if you want to learn more.
2. Get rewarded for grocery shopping
When you go shopping for groceries, you can earn money back just by buying the things you need. My favorite way to do this is with the Fetch Rewards app.
Fetch Rewards is an app you can use on your phone to get free rewards just by scanning your grocery receipts. Whenever you go grocery shopping, make sure to keep your receipt. Then, after you’re done shopping, use the Fetch app to scan your receipt. This will earn you points for every purchase that has an offer tied to it.
I personally use this app every time I shop for groceries. It only takes me less than a minute to scan my receipt from the grocery store. Doing this lets me earn points easily, which I can then use for free gift cards.
Recommended reading: 21 Ways To Get Free Money Now
3. Play games and earn
If you enjoy playing games, you can actually make money from it! That’s right, you can earn real cash by playing games on your phone or computer!
Game apps are able to pay you real money because they make their own money from ads and purchases within the app. Then, they give you a portion of what they earn to keep you interested in playing their games.
Below is a quick list of popular game apps that pay real cash:
KashKick
Swagbucks
InboxDollars
Other popular games to make $5 fast include Mistplay, Blackout Bingo, and Solitaire Cube.
4. Watch videos and ads for money
Companies pay people to watch ads to understand what consumers want and if they would buy their product. This helps companies make their products better and possibly earn more money. They also pay people to watch their ads to get more attention for their company.
Some companies that pay you to watch videos and ads include:
Watching videos for cash is easy. You sign up for these websites, choose videos or ads to watch, and start earning. Most videos pay just a few pennies, but there are some that may pay a few dollars.
Recommended reading: 13 Ways To Get Paid To Watch Ads
5. Shop through cash back sites
When you shop online, you can actually get some of your money back by using cash back sites. It’s kind of like getting a discount, but instead of saving money right away, you get some money back later on. I use cash back sites and apps almost every time I shop online – it’s a simple way for me to get some extra cash for free.
One popular app is Rakuten. When you shop through them, they give you a percentage of your purchase back. It’s super easy too. Start by making a Rakuten account, find your store on their site, and shop like normal. Rakuten sends the cash back to you afterward.
Some popular cash back apps and sites that I like include:
Rakuten – You can receive checks or PayPal payments. By shopping online through their website, you earn a percentage of your spending back. They offer deals for many stores and retailers, giving you more opportunities to get money back on your online purchases.
Swagbucks – You can earn points that you can exchange for cash or gift cards.
Capital One Shopping – Capital One Shopping looks for better deals and coupons. You earn credits from purchases, which you can exchange for gift cards. I personally have this browser extension installed on my laptop, and it’s very easy to use.
6. Join a focus group
Participating in a focus group is a good way for you to make $5 fast – or even much more! A focus group is a small group of people who give their opinions about new products or services. Companies use these opinions to make their products better.
I have participated in a focus group that paid me about $400 for just 75 minutes of my time. Although that’s more than usual, most focus groups typically pay anywhere from around $50 to over $100 per hour. How much you get paid can vary a lot based on how long the study is and what it’s about, but there are definitely some studies that pay more than others.
One focus group company that I recommend is User Interviews. User Interviews recruits people like you and me to answer surveys and share your feedback.
7. Earn with cash back credit cards
If you’re looking to make a quick $5, your cash back credit card may be a way to make some extra money. If you have a credit card, you’re probably earning points just by spending money as you normally would.
You can convert your points into cash back with rewards credit cards. Here’s how it works: Every time you use your credit card to make a purchase, you earn points as a reward for spending money.
I have rewards credit cards, and I earn points every time I shop or pay a bill, without doing anything extra. I just handle my bills and expenses as usual. In fact, I recently signed up for a new rewards credit card with an amazing sign-up bonus worth over $800.
Recommended reading: Best Rewards Credit Cards
Note: Please make sure that you use credit cards responsibly and that you are aware of any annual fee that your credit card may charge.
8. Sell unused gift cards
If you’ve got gift cards lying around that you’re not going to use, you can turn them into cash quickly. You can easily sell your unused gift cards online and make that $5 or more, fast!
The top places to sell your gift cards include Raise, CardCash, CardSell, ClipKard, Gameflip, GiftCash, and Check Into Cash. If you want to get the most money for your gift card, it’s a good idea to check out different websites and see how much they’re willing to offer.
Recommended reading: 7 Best Places To Sell Gift Cards For Cash
9. Sell things you don’t need
One easy way to make $5 fast (or more) is to sell things around your home that you do not need. Everyone has things they no longer need or use – old books, clothes, or electronics. These items can turn into quick cash.
There are many places you can sell your old stuff too, such as eBay, Facebook, Mercari, Craigslist, or even hosting your own garage sale.
Recommended reading: How To Get $20 PayPal Now
10. Return something that you’ve recently bought
There may be a good chance that you have bought something recently that you don’t actually need. If you need $5 quickly, then finding something to return may be an easy way to make some extra bucks.
To make $5 quickly by returning an unused item, first, find items you don’t need anymore and make sure they’re in new condition with the original packaging and receipts.
Check the store’s return policy to make sure you can return the items and to know the time limit for returns. Then, go to the store’s customer service or returns desk with the item and receipt.
Follow the return process, and you’ll get your refund either in cash, credited back to your original payment method, or as store credit. If you can’t return the item, think about selling it online for fast cash.
11. Deliver food and groceries
If you want to make $5 fast, delivering food and groceries is a smart pick with companies like DoorDash, Instacart, and Uber Eats. All you need to make money with delivery services is a way to get around and a phone to accept orders.
When you deliver food, you pick up meals from restaurants and grocery stores and take them to people’s homes:
Instacart – This has a focus on grocery runs. You’re the one who goes up and down the aisles, grabbing what people need. You check the list, find the items, and deliver them.
DoorDash – It’s more about restaurant meals. You grab takeout orders and make sure they get to the customer while the food’s still hot.
Uber Eats – This is similar to DoorDash. It’s all about quick trips from the restaurant to the customer’s place.
You usually get more than $5 for each delivery. Plus, customers might tip you for your service too.
12. Freelance your skills online
To make $5 quickly by freelancing your skills online, first, figure out what you’re good at, like writing, graphic design, programming, or something else.
Then, sign up on freelance gig websites like Upwork, Fiverr, or Freelancer, and sell your services at a reasonable price, like $5 for a small task.
You can also share your services on social media, forums, or online groups to find clients fast.
13. Open a new bank account
Many banks have sign-up bonuses for new customers, such as for $100 or more for depositing a certain amount of money into a new bank account or for setting up direct deposit to your new bank account.
14. Test websites and apps
If you’re looking to make a quick $5, testing websites and apps could be a great option for you. Websites like User Testing will pay around $10 for you to test other people’s websites.
When you test websites, you pay attention to things that don’t work smoothly or might be confusing. Your feedback is valuable because companies want real opinions to improve their websites, not just simple answers.
15. Dog walking or pet sitting
Dog walking is a fun way for you to make some extra cash with a side hustle (this could be a full-time job as well!). If you enjoy spending time with dogs and love being outdoors, this could be your quick $5 or even more!
Dog walking apps like Rover allow you to list your dog walking services. This is an in-demand service where you may be able to earn $15 to $30 an hour walking dogs.
Recommended reading: 22 Ways To Make Money Online Without Paying Anything
16. Get paid to recycle
Recycling isn’t just good for the planet, it’s also a way to put a little extra cash in your pocket. You’re probably used to tossing your plastic bottles and aluminum cans into the recycling bin without a second thought, but did you know that some places will pay you for these items?
The first step is to look up a local recycling center that pays for recycling. They may list out which items they’ll pay for and how much they offer. Items like glass bottles, aluminum cans, and scrap metal are usually in demand.
17. Save money in a high yield savings account
A high-yield bank account is a low-risk method to make extra cash.
These types of savings accounts earn a higher interest rate than a regular savings account, so your money grows faster.
You will want to make sure that you pick a trustworthy bank and check the interest rates regularly because they can go up or down. Some people move their money into high-yield savings accounts often so that they can get the highest interest rates.
I personally use Marcus by Goldman Sachs as they have a very high rate. You can get up to 5.40% at the time of this writing through a referral link bonus. According to this high-yield savings account calculator, if you have $10,000 saved, you could earn $540 with a high-yield savings account in a year. Whereas with normal banks, your earnings would only be $46.
Frequently Asked Questions
Below are answers to common questions about how to make a quick $5.
What easy tasks can I do right now to earn $5 quickly?
If you want to make $5 right now, then I highly recommend finding items around your home to sell. This could be clothing, an old cell phone that you no longer use, or even furniture.
How can I sell my stuff fast for some quick cash?
To sell your things fast, list your stuff on sites like eBay or Facebook Marketplace. You’ll want to take good pictures, write clear descriptions, and set fair prices. You can often sell items you no longer need within a day or two, sometimes hours.
Can I get paid for doing online surveys or playing games?
Yes, you can! Websites like American Consumer Opinion pay you for completing surveys, and apps like Swagbucks reward you for surveys, playing games, referrals, and more. By signing up and participating, you can reach that $5 mark in no time.
How can kids or teens make $5 fast with little effort?
Kids and teens have lots of options such as doing household chores for a neighbor or having a small garage sale. I recommend reading 23 Best Business Ideas For Kids to learn more.
How can I make $5 in passive income?
My favorite way to make a quick $5 in passive income is to save money in a high-yield savings account. These types of savings accounts earn a higher interest rate than a regular savings account, so your money grows faster.
How To Make $5 Fast – Summary
I hope you enjoyed this article on how to make $5 quickly. As you can see, there are many ways to make $5 fast, and many times from home.
Examples of how to make $5 fast include taking online surveys, using grocery receipt apps, playing games online, getting cash back, selling freelancing gigs, and selling things that you no longer need.
Whether you need to make $5 just once, or if you are looking to make an extra $5 each day, there are many ways to do this.
Welcome to the vibrant city of Reno, NV, where the majestic Sierra Nevada mountains provide a stunning backdrop to the bustling cityscape. Known for its lively entertainment scene, outdoor recreational opportunities, and thriving arts community, Reno offers a unique blend of urban excitement and natural beauty. So whether you’re searching for the perfect apartment in Reno or a cozy home for rent in one of the surrounding neighborhoods, you’ve come to the right place.
In this ApartmentGuide article, we’ll cut to the chase, breaking down the pros and cons of moving to Reno. Let’s get started and see what awaits in this vibrant city nestled in the heart of the Silver State.
Pros of living in Reno
1. Outdoor recreation
Reno, NV is a haven for outdoor enthusiasts, with its close proximity to Lake Tahoe and the Sierra Nevada mountains. Residents can enjoy a wide range of activities such as hiking, skiing, snowboarding, and water sports. The city’s beautiful parks and trails also offer opportunities for biking, camping, and rock climbing, making it an ideal location for those who love to stay active and explore the great outdoors.
2. Thriving arts and culture scene
Reno boasts a vibrant arts and culture scene, with numerous galleries, museums, and performing arts venues. The Nevada Museum of Art showcases a diverse collection of contemporary and traditional art. While the Pioneer Center for the Performing Arts hosts a variety of live performances, including theater, dance, and music. The city also hosts several annual art and music festivals, providing residents with ample opportunities to engage with the local creative community.
3. No state income tax
One of the major advantages of living in Reno is the absence of state income tax. This can significantly impact residents’ overall financial well-being, allowing them to keep more of their hard-earned money. The lack of state income tax can make a noticeable difference in the cost of living and provide an attractive incentive for individuals considering a move to the area.
4. Growing job market
Reno has experienced a surge in economic growth and job opportunities in recent years, particularly in industries such as technology, manufacturing, and healthcare. The city’s business-friendly environment and strategic location have attracted major companies, leading to an increase in employment prospects for residents. The growing job market makes Reno an appealing destination for professionals seeking career advancement and stability.
5. Affordable housing options
Compared to other major cities in the region, Reno offers relatively affordable housing options, making it an attractive choice for individuals looking to purchase a home or rent an apartment. The average rent for apartments in Reno, is between $1,162 and $1,747 in 2024. The diverse range of neighborhoods and housing styles provides residents with various choices to suit their preferences and budget, contributing to a more accessible and inclusive housing market.
6. Close-knit community vibe
Reno is known for its friendly and close-knit community vibe, where residents often feel a strong sense of belonging and connection. The city’s welcoming atmosphere and active neighborhood associations foster a supportive environment, encouraging social interaction and collaboration among residents. This sense of community can enhance the overall quality of life and contribute to a fulfilling living experience in Reno.
7. Access to higher education
Reno is home to the University of Nevada, Reno, a renowned institution that offers a wide range of academic programs and research opportunities. The presence of a reputable university enhances the city’s educational landscape, providing residents with access to quality higher education and lifelong learning resources. Additionally, the university contributes to the cultural and intellectual vibrancy of the community, enriching the overall living experience in Reno.
Cons of living in Reno
1. Limited public transportation options
One of the challenges of living in Reno is the limited public transportation options. With a transit score of 24, this can make it difficult for residents who rely on alternative modes of transportation. The city’s public transit system is not as extensive as in larger metropolitan areas, and the reliance on personal vehicles may pose challenges for individuals seeking more sustainable and convenient commuting alternatives.
2. Seasonal weather extremes
Reno experiences seasonal weather extremes, with hot summers and cold winters, as well as occasional droughts and heavy snowfall. The fluctuating climate conditions can impact residents’ daily routines and outdoor activities, requiring them to adapt to the changing weather patterns and prepare for potential environmental challenges throughout the year.
3. Limited diversity in dining options
While Reno offers a variety of dining establishments, the city may have limited diversity in culinary experiences compared to larger urban centers. Residents looking for a wide range of international cuisines and gourmet dining options may find the local restaurant scene relatively limited, potentially impacting their culinary exploration and dining preferences.
4. Traffic congestion
Reno has experienced an increase in traffic congestion due to population growth and ongoing development. The city’s infrastructure may face challenges in accommodating the rising number of vehicles on the road, leading to potential delays and longer commute times for residents. Addressing traffic congestion and improving transportation infrastructure are ongoing considerations for the city’s urban planning and development efforts.
5. Limited cultural diversity
While Reno has a rich arts and culture scene, the city may have limited cultural diversity compared to larger metropolitan areas. Residents seeking a more diverse and multicultural environment may find the local community relatively homogenous, potentially impacting their exposure to different cultural traditions and perspectives.
6. Impact of tourism on local economy
Reno’s reliance on tourism as a major economic driver can have both positive and negative implications for residents. While tourism contributes to the city’s vibrant entertainment and hospitality industries, it may also lead to seasonal fluctuations in employment opportunities and increased demand for resources, impacting the local economy and infrastructure.
Iconic tourist areas such as the Reno Arch and the National Automobile Museum draw visitors year-round, stimulating economic activity but also posing challenges for local residents.
7. Cost of living increases
As Reno continues to experience growth and development, the cost of living in the city has been on the rise. Factors such as housing demand, property values, and overall market trends can contribute to cost of living increases, potentially impacting residents’ financial planning and budgeting. Managing the rising cost of living is an important consideration for individuals looking to establish long-term roots in Reno.
Buying a home can be exciting, exhausting and, no matter how smoothly the process may go, one of the most stressful things you can do in life. Not having enough money to adequately finance a purchase makes it all the more daunting. Fortunately, there are first-time homebuyer programs available in every state, making it easier for many people to access the resources they need to buy their new home, and to feel more secure through the whole process.
Keep in mind that first-time homebuyers don’t actually have to be buying their first home. A first-time homebuyer is defined as anyone who hasn’t had an ownership interest in a primary home in the past three years.
The U.S. Department of Housing and Urban Development (HUD) also includes in its list of qualified homebuyers:
• A single parent who has only owned a home with a partner while married
• A displaced homemaker who has only owned a home with a spouse
• Someone who has owned a principal residence not permanently affixed to a permanent foundation
• Someone who has only owned a property that wasn’t in compliance with state, local, or model building codes
Here are the homebuyer programs that qualified first-time buyers have available to them in the Northeast:
Maine
Thinking of buying a home in the land of lobster and lighthouses? You’ll want to learn about the market and assess your financial situation before you start searching for a home mortgage loan. (A guide to the different types of mortgage loans can help.)
The scoop on the Main market: Prices in the Pine Tree State were up 5.7% in February 2024 when compared to the prior year, with homes selling for a median of $360,200, according to Redfin. The three most competitive cities for homebuyers were Standish, South Berwich, and Gray.
💡 Learn about Maine first-time homebuyer programs
New Hampshire
The housing market in the Granite State is hot. From February 2023 to February 2024, home prices rose 12.5% to an average sale price of $447,400, according to Redfin. And 41.8% of the homes sold above their list price. Still, there are good opportunities for the first-time buyer in the state, and there are first-time homebuyer assistance programs to help you reach your homeowning goal.
💡 Learn about New Hampshire first-time homebuyer programs
Vermont
The Green Mountain State is paradise for outdoorsy types with forests, lakes, and mountains. No wonder then that the housing market has heated up: The number of homes sold increased 14.2% between February 2023 and 2024. Prices were up 6.5% as well, according to Redfin.
Homebuyers may need help to afford a home with the median price here hitting $361,300. Fortunately, the state has several programs to offer.
💡 Learn about Vermont first-time homebuyer programs
Massachusetts
Glorious New England scenery, a rich history, and diverse cultural and educational opportunities are just some of the things Massachusetts has to offer residents. It’s no wonder that home prices here outpace the national average, or that they are rising. Prices in Massachusetts were up 9.9% in the year ending February 2024, Redfin reports. The median sale price in the state is now $576,900.
At the same time, the median number of days a home stays on the market has dropped by 5 year-over-year, an indicator that the market is warming. Still, there are plenty of opportunities for the first-time homebuyer in Massachusetts.
💡 Learn about Massachusetts first-time homebuyer programs
Rhode Island
This small state is big on charm: Rhode Island’s miles of coastline offer beautiful beaches and picturesque inlets, and you’ll also find dynamic cities and rural small towns here. There’s a lot for the first-time homebuyer in Rhode Island to get excited about. But prices here are well above the national average of $342,941. The average property value is $438,711, up 8.3% year over year, according to Zillow. Wondering what a down payment would look like on a given property price? Use a mortgage down payment calculator to do the math.
💡 Learn about Rhode Island first-time homebuyer programs
Connecticut
You’re looking at a competitive market in the Constitution State: In February 2024, home prices in Connecticut were up 13.2% year-over-year. The median price of a Nutmeg State home is $375,300, according to Redfin, and the number of days a property stays on the market is declining. Fortunately you can still find affordable homes in Torrington and New Britain, among other affordable places in Connecticut.
💡 Learn about Connecticut first-time homebuyer programs
New York
The housing market in New York state can be challenging, especially for first-time buyers. Home prices in the Empire State in January 2024 were up 6.3% over the prior year, with a median sale price of $518,800. The number of days on the market dropped as well. A stunning 37% of homes sold above their listing price.
💡 Learn about New York first-time homebuyer programs
New Jersey
The Garden State saw record real estate sales in some areas in recent years as city dwellers fled to the suburbs. In the year ending February 2024, home prices in New Jersey were up 14.5% over the prior year, and the median sales price was $479,100. The median days on the market dropped 15 year-over-year to 46. Buyers in New Jersey need to prepare themselves to compete in this market.
💡 Learn about New Jersey first-time homebuyer programs
Pennsylvania
Thinking of buying a home in Pennsylvania? Prices rose 6.6% from January 2023 to January 2024, to a median of $264,700, Redfin reported. It’s a seller’s market here, so you may have to compete to get the home you want, especially in cities like New Castle (home prices were up more than 31% in a year) and Mechanicsburg (up 55.5%). Harrisburg and Lancaster ranked as some of the best affordable places to live in Pennsylvania.
💡 Learn about Pennsylvania first-time homebuyer programs
The Takeaway
Qualifying first-time homebuyers have many options available to them in the Northeast, including down payment assistance. If you’re looking to buy your first home and aren’t sure how to get started, researching homebuyer programs is a great place to start. Once you know what kind of assistance you may qualify for, it’s a good idea to estimate just how much house you can really afford using a home affordability calculator.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% – 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It’s online, with access to one-on-one help.
SoFi Mortgages: simple, smart, and so affordable.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
SoFi Loan Products SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
SoFi Mortgages Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility for more information.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.
From the lush greenery of its forests to the towering peaks of the Cascade Range and the serene waters of the Puget Sound, Washington offers a plethora of scenic wonders to its residents. Home to bustling urban centers like Seattle and Tacoma, as well as charming smaller communities, Washington presents a spectrum of lifestyles to suit a variety of preferences. However, like any area, living in Washington comes with its own set of advantages and disadvantages. In this ApartmentGuide article, we will explore the pros and cons of living in Washington.
Renting in Washington snapshot
Population
8,000,000
Avg. studio rent
$1,489 per month
Avg. one-bedroom rent
$1,790 per month
Avg. two-bedroom rent
$2,017 per month
Most affordable cities to rent in Washington
Pullman, Yakima, Cheney
Most walkable cities in Washington
Seattle, Tacoma, Lynnwood
1. Pro: Food lovers’ paradise
Washington is a food lovers’ paradise, with a diverse culinary scene that celebrates locally sourced ingredients and international flavors. From farm-to-table restaurants in the fertile valleys of eastern Washington to seafood markets along the Pacific coast, the state offers a tantalizing array of dining options to satisfy every palate. If you’re in the Seattle area, you’ll have to try the iconic Seattle Dog, a hot dog topped with cream cheese.
2. Con: High housing costs
The state’s thriving economy has led to rapid population growth and soaring housing costs, particularly in urban areas. For example, the median home sale price in Seattle is $845,000 and the average rent for a one-bedroom apartment is $2,175. This affordability crisis can make it challenging for many residents moving to popular metros in Washington.
3. Pro: Breathtaking scenery
Washington boasts stunning landscapes, including lush forests like the Hoh Rain Forest, majestic mountains like Mt. Rainier, and picturesque coastlines. The state’s abundance of outdoor recreational opportunities, such as hiking, skiing, and kayaking, make it a paradise for nature enthusiasts.
4. Con: Traffic congestion in larger cities
Traffic congestion in larger cities of Washington, such as Seattle and Tacoma, can be a significant challenge for commuters, with congested highways and crowded streets leading to long commute times and frustration. For instance, Interstate 5, which runs through Seattle, is notorious for its heavy traffic during peak hours, causing delays for drivers traveling to and from the city center. Additionally, major thoroughfares like Interstate 405 and State Route 520 often experience congestion, particularly during rush hour, impacting the efficiency of transportation networks in the region.
5. Pro: Environmentally conscious
Washington’s commitment to environmental consciousness is exemplified by initiatives such as the Clean Energy Transformation Act, which aims to transition the state to 100% clean electricity by 2045, reducing reliance on fossil fuels and mitigating climate change impacts. Additionally, the state’s extensive network of public parks and protected wilderness areas, including Olympic National Park and Mount Rainier National Park, underscores its dedication to preserving natural habitats and biodiversity for future generations to enjoy.
6. Con: Seasonal Affective Disorder in Western parts of the state
Washington grapples with seasonal affective disorder (SAD) due to its long, gloomy winters especially in the western region characterized by overcast skies and limited sunlight. Residents often combat the effects of SAD by investing in light therapy devices, seeking out indoor activities, or even planning vacations to sunnier destinations during the winter months. Despite these coping strategies, the prevalence of SAD in western Washington can pose a significant challenge to residents’ mental health and overall well-being, detracting from the quality of life in the region.
7. Pro: Cultural and entertainment events
Washington offers a vibrant cultural scene with a diverse range of entertainment events throughout the year. Seattle’s renowned music festivals like Bumbershoot and Capitol Hill Block Party draw crowds with live performances spanning various genres. Additionally, annual events such as the Washington State Fair in Puyallup showcase the state’s rich cultural heritage and provide entertainment for residents and visitors alike.
8. Con: Natural disaster risk
Washington faces natural disaster risks, particularly in seismically active areas such as the Cascadia Subduction Zone, where the potential for major earthquakes and tsunamis exists. Additionally, the state is home to active volcanoes like Mount Rainier and Mount St. Helens, which pose hazards such as volcanic eruptions and lahars.
9. Pro: Access to outdoor recreation
Access to outdoor recreation in Washington is unparalleled, with the state offering a diverse array of natural landscapes and outdoor activities. From hiking in the Enchantments to kayaking around the San Juan Islands, residents have abundant opportunities to explore the great outdoors. Additionally, iconic destinations such as La Push and Mount Rainier National Park provide world-class hiking trails, camping spots, and scenic vistas, attracting outdoor enthusiasts from near and far.
10. Con: High tourism at popular landmarks
High tourism in Washington can pose challenges for residents, leading to overcrowding, traffic congestion, and environmental degradation. For example, iconic attractions like Pike Place Market in Seattle and Mt. Rainier often experience large crowds of visitors, impacting local businesses and residents’ quality of life. Additionally, increased tourism can contribute to rising costs of living and housing prices in popular tourist destinations, making it more difficult for residents to afford housing and maintain a sense of community.
11. Pro: Charming islands
Washington’s islands offer residents a tranquil escape and unique coastal living experience. From the serene landscapes of the San Juan Islands to the rustic charm of Whidbey Island, these idyllic destinations provide opportunities for relaxation, outdoor recreation, and close-knit community living. Residents enjoy breathtaking views of the Puget Sound, abundant wildlife sightings, and a slower pace of life that embodies the essence of Pacific Northwest island living.
12. Con: Limited parking in urban areas
Parking in urban settings in Washington, such as Seattle, is often limited and expensive, with high demand for parking spaces and restricted street parking. Residents may face challenges finding parking near their homes or workplaces, leading to frustration and inconvenience. Additionally, the scarcity of parking options can result in longer commute times and increased reliance on alternative transportation methods, impacting residents’ overall mobility and quality of life.
Methodology : The population data is from the United States Census Bureau, walkable cities are from Walk Score, and rental data is from ApartmentGuide.