Irvine is an undeniable bright spot in the sunny state of California. With its meticulously planned neighborhoods, top-rated schools, and a thriving job market, Irvine is a highly sought after place for families and professionals alike.
Whether you’re exploring Great Park on a beautiful day or locking down a new tech job, there’s a place for everyone to feel right at home in Irvine.
If you’re searching for apartments in Irvine, houses for sale, or want to learn more about what Irvine is known for, this is the guide you’ve been waiting for.
1. Master-planned community
Irvine is renowned for its meticulously planned and well-maintained neighborhoods. The city is home to a variety of residential communities that offer a high quality of life, with plenty of green spaces, parks, and top-notch amenities for residents to enjoy. Needless to say, there’s never a dull day in Irvine.
2. Tech industry
Irvine has a thriving technology industry, with many prominent tech companies and startups calling the city home. The presence of these companies has solidified Irvine’s reputation as a center for innovation and technological advancement. This sentiment is best highlighted by Irvine Tech Week, a gathering of tech leaders and professionals that showcases and celebrates the best in tech.
3. University of California, Irvine
The University of California, Irvine is a prestigious research university that has put Irvine on the map as a hub for academic excellence. The university’s cutting-edge research and talented student body contribute to the city’s highly-regarded intellectual atmosphere.
4. Irvine Global Village Festival
The Irvine Global Village Festival is a celebration of diversity and one of Irvine’s most anticipated annual events. It showcases a range of cultures through live music, dance performances, international cuisine, and art from around the world. If you’re not a local, it’s worth making the trip.
5. Safe and clean
Irvine consistently ranks as one of the safest and cleanest cities in the United States. The city’s commitment to public safety and environmental sustainability has made it an attractive place to live for families and individuals who ultimately want to avoid the stresses of big city living without losing the convenience of the urban sprawl.
6. Great Park
Once a Marine Corps Air Station, Great Park has transformed into a sprawling, innovative public space that offers an array of activities. It features sports facilities, walking and biking trails, a farmers market, and the iconic Great Park Balloon, offering panoramic views of the surrounding area.
7. Tanaka Farms
Tanaka Farms stands as a beacon of agricultural heritage within Irvine, offering a unique farm-to-table experience in an urban setting. This working farm invites visitors to participate in seasonal activities, like strawberry picking, watermelon tours, and pumpkin patches. It’s an educational and fun destination for families.
8. Family-friendly community
With top-rated schools, family-friendly attractions, and a strong sense of community, Irvine is often recognized as an ideal place to raise a family. The city’s emphasis on education and family-oriented amenities makes it a welcoming environment for residents of all ages.
9. Architectural diversity
Irvine showcases a diverse range of architectural styles, reflecting its evolution from a planned community to a dynamic urban center. From the sleek, modern designs of corporate offices and the University of California, Irvine, to the thoughtfully designed residential neighborhoods that blend with the city’s green spaces, Irvine’s architecture mirrors its inclusive and forward-thinking spirit.
10. Sustainable practices
Irvine is committed to sustainability and environmental stewardship, with initiatives aimed at reducing carbon emissions, conserving natural resources, and promoting eco-friendly practices. The city’s dedication to sustainability sets a positive example for what suburbia could look like throughout the country in the future.
Boise is a gem in the Pacific Northwest that often flies under the radar but boasts more than a few unique attractions and characteristics that make it stand out. From its serene outdoor spaces to a burgeoning arts scene, Boise combines the warmth of a small town with the perks of a larger city. Whether you’re considering renting an apartment in Boise or just curious about what makes it tick, this guide will walk you through the highlights that define Idaho’s capital city. Let’s explore what Boise is known for.
1. The Boise Greenbelt
Boise is a haven for outdoor enthusiasts, thanks in large part to the Boise River Greenbelt. This extensive network of trails and parks stretches over 25 miles, offering residents and visitors alike a picturesque route for biking, walking and jogging. The Greenbelt connects Boise’s downtown area with lush riverside parks, providing a natural escape in the heart of the city. It’s a perfect example of Boise’s commitment to preserving green spaces and promoting an active lifestyle.
2. Boise State University and the blue turf
Boise State University is a cornerstone of the community, known nationally for its unique blue turf football field. Home to the Broncos, the university brings energy and excitement to the city with its athletic events, particularly football games that draw fans from across the nation. Beyond sports, BSU is a center for academic excellence and events, contributing significantly to Boise’s lively atmosphere and community engagement.
3. Boise Art Museum
The Boise Art Museum (BAM) in Boise, Idaho, is a cool spot for art lovers. Since 1937, it’s been showcasing everything from historic to modern art, with a special nod to American and Pacific Northwest pieces. They also host fun workshops and events, making art accessible for everyone in the Boise community.
4. Historic Hyde Park
Situated in the North End area, Hyde Park is the heart of Boise’s historic district. This charming area is lined with well-preserved early 20th-century architecture, quaint shops and cozy eateries that offer a glimpse into Boise’s past. It’s a favorite spot for locals to spend a leisurely afternoon shopping, dining or simply enjoying the neighborhood’s nostalgic ambiance.
5. The Boise River
The Boise River is more than just a backdrop for the city; it’s a focal point for recreation and leisure. During the warmer months, residents flock to the river for tubing, kayaking and fishing. The Annual Boise River Float is a highlight of the summer, attracting people of all ages to enjoy a leisurely float down the river.
6. Finger steaks
Boise finger steaks are a popular regional dish originating from Boise, Idaho. Essentially, they are pieces of steak that have been cut into long, thin strips, battered and deep-fried. This regional dish is often served with a side of fries and a few dipping sauces, typically cocktail sauce, ranch dressing or a spicy hot sauce.
7. Idaho State Capitol
Boise’s history is alive and well in landmarks like the Idaho State Capitol Building and the Old Idaho Penitentiary. These sites offer a window into the state’s past, from its early days as a frontier town to its development into the thriving city it is today. Tours of these historic sites provide insight into the people and events that shaped Boise and Idaho at large.
8. Boise Foothills
The Boise Foothills provide a stunning backdrop to the city and a playground for outdoor enthusiasts. With hundreds of miles of trails for hiking, mountain biking and running, the Foothills are easily accessible from the city and offer breathtaking views as well as a chance to connect with nature. This proximity to the great outdoors is a defining feature of Boise’s lifestyle.
9. Downtown Boise
Boise’s downtown area is the heartbeat of the city, combining historic charm with modern vitality. With an array of shopping, dining and entertainment options, downtown Boise is a bustling hub of activity day and night. The area’s walkability and the variety of events held throughout the year, from farmers’ markets to festivals, make downtown an essential part of Boise’s identity.
10. Community spirit and quality of life
Perhaps what Boise is most known for is its strong sense of community and high quality of life. Residents pride themselves on a friendly, welcoming atmosphere that makes newcomers feel at home. The city’s safe neighborhoods, excellent schools and community-oriented initiatives reflect Boise’s commitment to fostering a supportive and strong community.
The vibrant heart of North Texas, Dallas has a diverse culture, iconic landmarks and Southern hospitality, all making it a great place to live. But did you know it also features affordable suburbs?
If you’re considering moving to Dallas, you may be wondering how much rent costs in Dallas. The average monthly rent is $1,477 for a studio, $1,371 for a one-bedroom unit and $1,862 for a two-bedroom unit. Depending on your budget, these prices may not align with your renting priorities.
So, if you’re searching for a more budget-friendly area without compromising access to Dallas, you’re in the right place. In this article, we’ll explore five of the most affordable Dallas suburbs. That way, you can enjoy Dallas’ sights and amenities without the price tag.
Average rent for a one-bedroom: $1,045
Average rent for a two-bedroom: $1,450
Distance from Dallas: 14 miles
Apartments for rent in Duncanville
Claiming the first place on our list of affordable Dallas suburbs is Duncanville. On average, you’ll save about $400 on rent for a one-bedroom apartment. Nicknamed the City of Champions, this area is located approximately 14 miles southwest of Dallas, so you’re not too far from the city center.
In Duncanville, you can experience the charm of the historic downtown district, filled with quaint shops, delicious dining options and cultural events. The city also offers recreational opportunities at Armstrong Park, where you can enjoy picnicking and walking trails, making it a great destination for outdoor enthusiasts.
Average rent for a studio: $1,039
Average rent for a one-bedroom: $1,215
Average rent for a two-bedroom: $1,430
Distance from Dallas: 15 miles
Apartments for rent in Mesquite
The second suburb on our list is Mesquite, just 15 miles east of Dallas. The area is home to about 147,700 residents, and the average rents are much less than in Dallas. If you plan to rent a two-bedroom unit, the monthly cost is approximately $1,430.
Mesquite has plenty of awesome attractions, including the Mesquite Championship Rodeo, where you can experience the excitement of live rodeo events, making it an easy pick for our top affordable Dallas suburbs. Additionally, the city offers the Mesquite Arts Center, featuring art exhibitions, performances and cultural events throughout the year.
Average rent for a studio: $1,560
Average rent for a one-bedroom: $1,314
Average rent for a two-bedroom: $1,664
Distance from Dallas: 13 miles
Apartments for rent in Irving
For those on the hunt for budget-friendly suburban living near Dallas, Irving takes third place. In addition to more affordable prices, Irving is just 13 miles west of downtown Dallas.
You can explore the Irving Arts Center, which hosts art exhibitions, performances and events in Irving. The city is also home to the Mandalay Canal Walk, a picturesque area with winding waterways, gondola rides and a variety of dining options, offering a one-of-a-kind setting.
Average rent for a studio: $1,491
Average rent for a one-bedroom: $1,330
Average rent for a two-bedroom: $1,625
Distance from Dallas: 14 miles
Apartments for rent in Grand Prairie
Grand Prairie, which is around 14 miles to the west, offers an affordable suburban alternative. In Grand Prairie, you can check out Lynn Creek Park at Joe Pool Lake, with opportunities for boating, swimming and hiking amidst the picturesque lakeside surroundings. The city is also home to the Texas Trust CU Theatre, a popular venue for concerts, comedy shows and other live entertainment.
Average rent for a studio: $1,053
Average rent for a one-bedroom: $1,379
Average rent for a two-bedroom: $1,747
Distance from Dallas: 15 miles
Apartments for rent in Garland
Just 15 miles from downtown is Garland, the final of the affordable Dallas suburbs to make our list. Home to 242,000 residents, Garland can be a great option for renters looking for a less busy city — and affordable rental prices. While the rent for a one-bedroom unit may be slightly higher in Dallas, a two-bedroom unit costs just over $100 less in Garland.
Living in Garland, you can explore the beautiful Spring Creek Forest Preserve, which offers hiking trails, wildlife viewing and a serene escape into nature. The city also features the Granville Arts Center, a cultural hub with theaters and art galleries that host a variety of performances and exhibitions. If you’re looking to take the leap from renter to buyer, make sure to also check out the most affordable Dallas suburbs to buy a home.
Is Dallas for you?
In a city as vibrant and diverse as Dallas, discovering the best bang for your buck is like finding hidden treasures in a sprawling urban jungle. Navigating through the maze of neighborhoods, we’ve unearthed the gems that not only won’t break the bank but might just leave you with some extra cash for those irresistible Tex-Mex dinners.
So, as you embark on your quest for the perfect pad, rest assured that the cheapest places in Dallas aren’t just affordable – they’re the keys to unlocking a city full of opportunities and adventures. Your wallet will thank you, and so will your sense of wanderlust. Cheers to finding your piece of budget-friendly paradise in a Dallas apartment in the heart of the Lone Star State!
Methodology
Affordability in our study of affordable Dallas suburbs is based on whether a suburb’s one and two-bedroom rent was less than Dallas and under 15 miles from downtown Dallas. Average rental data from Dallas rental market trends on October 26, 2023. Population data sourced from the United States Census Bureau.
Richmond is a city with a deep-rooted history, remarkable landmarks, and a unique blend of cultural, outdoor, and culinary experiences. It’s a place where history intertwines with modern-day vibrancy, offering a multitude of experiences for both residents and visitors. Richmond doesn’t just rest on its historical laurels; it continuously evolves, making it a fascinating city to explore.
From its pivotal role in American history to its thriving arts scene, Richmond is a city that proudly showcases its achievements and attractions. Whether you’re drawn by the call of the James River or the allure of its historic streets, this guide will introduce you to what makes renting an apartment in Richmond a great call.
1. Richmond National Battlefield Park
Richmond is steeped in American Civil War history, having once served as the capital of the Confederacy. The city’s landscape is dotted with battlefields, museums, and monuments that tell the complex story of one of America’s most turbulent times. Places like the American Civil War Museum and the Richmond National Battlefield Park provide insightful perspectives into the war’s impact on the nation and the city. Richmond’s dedication to preserving its history allows visitors and residents alike to step back in time and understand the significant role the city played in shaping the country we live in today.
2. The Virginia State Capitol
Designed by Thomas Jefferson, the Virginia State Capitol is a monumental symbol of American architectural and political history. Standing regally in the heart of Richmond, this iconic building not only serves as the seat of the state’s government but also as a testament to the enduring principles of democracy. Guided tours offer a glimpse into Virginia’s legislative process and the building’s remarkable design, making it a must-visit for anyone interested in the interplay between architecture and American history.
3. James River
The James River is the lifeblood of Richmond, offering a natural escape amid the city’s hustle and bustle. It’s a haven for outdoorsy types, with activities ranging from whitewater rafting and kayaking to tranquil walks along the scenic riverside trails. The James River Park System provides countless opportunities for adventure and relaxation, highlighting the city’s commitment to preserving its natural beauty while fostering a strong community connection to the outdoors.
4. Growing craft beer scene
Richmond is known for its craft beer revolution, with numerous breweries, notably The Answer Brewpub and Hardywood Park Craft Brewery, offering locally brewed selections. Food festivals and farmer’s markets add to the city’s foodie appeal, making it a destination for those who love to explore flavors and foods.
5. Virginia Museum of Fine Arts
Richmond’s arts scene is second to none, with a thriving community of artists, musicians and performers. The Virginia Museum of Fine Arts (VMFA) stands out as a beacon of cultural enrichment, showcasing an extensive collection that spans the globe and centuries.
6. The Fan and Church Hill
Richmond’s historic architecture is a visual journey through the city’s past, from colonial times to the present day. Neighborhoods like The Fan and Church Hill boast picturesque streets lined with beautifully preserved homes, offering a glimpse into the city’s architectural evolution. This blend of historical and contemporary architecture underscores Richmond’s respect for its past while embracing modern development.
7. Mymont Park and Belle Isle
In addition to the James River Park System, Richmond hosts a ton of outdoor recreation options. The city’s parks, like Maymont and Belle Isle, provide a peaceful respite from city life, with beautiful gardens, hiking trails and wildlife exhibits.
8. Richmond Folk Festival and more
Richmond is a city that loves to celebrate, hosting a ton of festivals and events throughout the year. From the Richmond Folk Festival to the Richmond International Film Festival, these gatherings showcase the city’s diverse talents and community spirit. Seasonal events, like the Dominion Energy Christmas Parade and the Monument Avenue 10k, bring residents together to celebrate the city’s culture and traditions.
9. VCU and University of Richmond
Home to renowned institutions like Virginia Commonwealth University (VCU) and the University of Richmond, the city is a hub for education and innovation. These universities not only provide top-tier education but also contribute to the city’s culture and economy. Research initiatives, startup incubators and collaborative projects between the universities and local businesses underscore Richmond’s role as a center for innovation and growth in the Southeast.
10. Richmond’s riverfront
The revitalization of Richmond’s riverfront has transformed the city’s relationship with the James River, making it a focal point for leisure and entertainment. T. Tyler Potterfield Memorial Bridge, part of the Virginia Capital Trail, offers stunning views of the river and connects several of Richmond’s most walkable districts, promoting a sense of community and accessibility.
Tom Brady, the NFL legend known for his incredible career and for leading his teams to a record seven Super Bowl wins, is making waves off the field in Miami’s real estate scene.
His latest venture? A jaw-dropping waterfront mansion in the ultra-exclusive Indian Creek Island, affectionately dubbed “Billionaire Bunker.”
Yes, you heard that right – Brady is setting up his new bachelor pad in one of the most coveted slices of paradise in Miami, and let me tell you, it’s nothing short of spectacular.
For those keeping score at home, Indian Creek Island isn’t just any neighborhood. It’s a veritable who’s who of billionaires and A-listers, with names like Jeff Bezos and Ivanka Trump calling it home.
And now, Brady, fresh off his retirement and stepping into his new life chapter, is about to join this elite roster.
Tom Brady’s megamansion in Miami’s ultra-exclusive Indian Creek Island
Brady’s future digs, a sprawling estate that’s been the talk of the town, sits cozily across the waterway from the abode of his ex-wife, Gisele Bündchen.
The supermodel paid $11.5 million for her new spread at 1400 Biscaya Drive in Surfside right after their split and is currently revamping the waterfront home too.
See also: Tour Tom and Giselle’s former marital home in Brookline, Massachusetts
So while the former A-list couple is keeping local construction crews busy, let’s take a closer look at the former New England Patriots quarterback’s sprawling Florida abode — and pin down what makes his newly built mansion a touchdown in luxury living.
Set at 26 Indian Creek Island Road, Tom Brady’s house in Miami has all the hallmarks of a celebrity megamansion to rival those of its deep-pocketed neighbors (Amazon boss Jeff Bezos paid $68 million for a teardown on the island).
We’re talking about a state-of-the-art gym (because, of course), a sleek study, and a waterfront pool and spa that screams relaxation with every ripple.
And for those balmy Florida nights? An outdoor kitchen, lush gardens, and a tree-lined driveway that leads to a motor court, ready to house Brady’s collection of high-end rides.
The property also boasts a plush pool cabana adjacent to an infinity pool lined with palm trees, creating a backyard oasis that’s second to none.
And for that extra touch of privacy and security? A large security house stands guard at the entrance.
Renderings of the mega-mansion have leaked, showing off the primary and guest suites, each with their own terraces.
You can take a peek inside thanks to these indoor renderings obtained by The Real Deal (swipe to see inside Tom Brady’s new house in Florida):
The interiors bear the signature of lauded designer Scott Mitchell of Scott Mitchell Studio, known for his standout designs, combining contemporary architecture with geometrical elements and juxtaposing soft, tactile textures against concrete and other natural materials.
Mitchell’s design style, which creates a sense of understated comfort, has drawn in some of the richest people in the US.
Beyond his long-standing collaboration with Tom Brady and Gisele Bündchen, he also counted billionaires Larry Ellison and David Geffen as clients, as well as former Walt Disney Studios boss Jeffrey Katzenberg.
It’s clear no expense has been spared in creating this slice of heaven. With construction in the final stages, sources hint that Brady is expected to move in come spring.
By the numbers: How much it’ll cost him
Now, let’s talk numbers because they’re just as impressive as the property.
Brady and Bündchen snagged the 2-acre lot almost three years ago for a cool $17 million. And as hefty as that might sound, it’s worth remembering that the lot sits in one of the richest neighborhoods in the United States.
Properties here typically sell for eight-figure amounts and are rarely up for grabs.
In 2023, a waterfront mansion just down the street from Tom Brady’s house listed for a whopping $85 million. We haven’t seen any other Indian Creek houses pop up on the market since.
But the land cost isn’t reflective of the overall value of the property — which sits north of $50 million.
The construction loan Brady took out from JPMorgan Chase to build his Indian Creek Island house sits at a whopping $35 million, The Real Deal reports.
But when you’re Tom Brady, with an estimated net worth of $500 million and a $375 million deal with FOX as an NFL commentator waiting in the wings, well, let’s just say he’s playing in a league of his own.
Indian Creek Island has long been a haven for the mega-rich, but Brady’s new abode is set to raise the bar even higher. And while he’s traded the gridiron for the good life in Florida, it’s clear Brady is still in the game – the real estate game, that is.
Hunkering down in the ‘Billionaire Bunker’
Indian Creek Island — known as “Billionaire Bunker” due to the high concentration of billionaires that own property here — is a high-security paradise for the ultra-wealthy, nestled on a barrier island in Biscayne Bay, Florida.
This exclusive enclave boasts under 50 waterfront properties, each sprawling over 1.25 acres, centered around a lavish 18-hole golf course.
Homes here are no small investment, with properties here selling for well above the $20 million market, with recent standout purchases consolidating the island’s air of affluence and privacy. Just a couple of homes have traded hands on the ultra-exclusive island in recent years, one being Bezos’ $68 million purchase, and the other another $50 million home.
DJ and producer David Guetta is also looking to join this exclusive club, reportedly snapping up a $69 million newly built house on the island.
The community is so secure that it has its own 13-person private police force patrolling by land and water, ensuring that residents like Tom Brady can enjoy their sanctuary without worry.
From what we’ve seen so far, the NFL legend’s new mansion is more than just a home; it’s a sort of statement that life after football can be equally exciting for the five-time MVP.
And honestly, we can’t wait to see the final reveal. Welcome to the neighborhood, Tom!
More stories
You can buy Tom Brady’s former Florida apartment – But it won’t come cheap
Where does Leo Messi live now? The soccer star’s Miami homes
Serena Williams’ house in Florida has many unique features, but no living room
Chicago, known for its rich architectural heritage, offers a treasure mine of historic homes in established neighborhoods that invite those with a passion for preserving the past. Buying and restoring historic homes is a rewarding venture, allowing homeowners to not only own a piece of the city’s history but also contribute to the preservation of its architectural legacy. Here are seven steps to help you buy and restore historic homes in Chicago’s established neighborhoods.
Enjoying our content? Subscribe to our free weekly newsletter to get real estate market insights, news, and reports straight to your inbox.
Research and Planning
Before embarking on the journey of buying a historic home, thorough research is essential. Identify neighborhoods with a concentration of historic properties and delve into their architectural styles and historical significance. Chicago boasts neighborhoods like Hyde Park, Lincoln Park, and Logan Square, each with its own unique charm and historic appeal.
Working with Preservation Organizations
Chicago is home to several preservation organizations dedicated to safeguarding its architectural heritage. Collaborating with these organizations can provide valuable insights into available historic homes, preservation guidelines, and resources for restoration. Organizations like the Historic Chicago Bungalow Association and Preservation Chicago can be notable partners in your journey.
Navigating the Purchase Process
Purchasing a historic home involves navigating certain challenges, including potential zoning restrictions and adherence to preservation guidelines. It’s crucial to work closely with a real estate agent experienced in historic properties to ensure a smooth buying process. A realtor with knowledge of the local preservation ordinances can guide you through potential hurdles.
Restoration Process
Once the historic home is acquired, the restoration process begins. Engage with experienced contractors who understand the nuances of working with historic properties. Ensure that any renovations align with preservation standards and respect the original architecture. This process may involve restoring original features, such as molding, windows, and fixtures, to maintain the home’s historical integrity.
Grants and Tax Incentives
One of the significant advantages of buying and restoring historic homes in Chicago is the availability of grants and tax incentives. The City of Chicago, as well as the State of Illinois, offers various programs to support the preservation of historic properties. The Property Tax Assessment Freeze Program, for instance, provides a freeze on property taxes for eight years after substantial rehabilitation.
Chicago Landmarks Commission
If your historic home is located within a designated landmark district, the Chicago Landmarks Commission plays a crucial role. While it may impose certain restrictions, it also provides a framework for preserving the historic character of the neighborhood. Understanding and adhering to the commission’s guidelines is essential for a successful restoration project.
Community Engagement
Engage with the local community and neighborhood associations throughout the buying and restoration process. Building positive relationships with neighbors and community members can enhance the overall experience and garner support for your preservation efforts. Ready to embark on the journey of buying and restoring a historic home in Chicago? Give us a call today! One of the experienced real estate agents at Zoocasa will be more than happy to help you through the exciting home-buying process!
Ready for a nostalgia-filled jaunt back to the ’90s, complete with plaid miniskirts and oversized cell phones?
This time, we’re diving into something a tad more tangible than Cher Horowitz’s enviable wardrobe: her iconic Beverly Hills mansion. Or so we thought.
Buckle up, because we’re about to spill the tea on the real location of Cher’s Beverly Hills mansion – and trust us, Alicia Silverstone’s character would definitely not be on board with the address.
Picture this: the sprawling, sun-kissed mansion where Cher and Josh shared that oh-so-sweet kiss. The kitchen where a clueless Cher attempted to bake, and the lavish pool where the gang chilled to Kids In America.
Feels like a page taken straight out of the Beverly Hills, 90210 handbook, right? Plot twist: the real deal is nestled not in the hills of Beverly but in the Valley!
That’s right, Cher’s house is actually in Encino, in the San Fernando Valley.
But here’s the kicker: the Encino location, a suburban neighborhood, is quite the departure from the Beverly Hills glam portrayed in the movie.
Not only that, but Cher would have HATED being called a Valley Girl (a term that we owe to musician Frank Zappa, btw).
In the 1995 movie, the San Fernando Valley is mentioned and featured in a few scenes, notably when Cher is robbed at gunpoint in a parking lot after mistakenly driving onto the freeway, leading to a very stressful situation for her.
This scene is one of the few direct interactions Cher has with the Valley, showcasing her sheltered Beverly Hills life clashing with the broader Los Angeles area.
The real-life ‘Clueless’ house in Encino
So first, let’s get something out of the way: while Hollywood movies have long used the San Fernando Valley / Beverly Hills divide to highlight the social and geographical contrasts within the city (first example that comes to mind is Karate Kid and the new Cobra Kai sequel series), Encino is actually a very sought-after and safe neighborhood.
In fact, the median sale price for Encino homes in early 2024 stands at a hefty $1,900,000.
While that’s considerably less than what Beverly Hills homes sell for (the median sale price for the ritzy, star-studded neighborhood is $3.7M), houses in Encino are notoriously luxurious — with significantly more square footage than their counterparts in the Hills.
And Cher’s Clueless house is no exception.
This 9,441-square-foot behemoth boasts 7 bedrooms and 10 bathrooms, and commands yearly property taxes north of $40k. Built in 1993, just a hop and a skip before Clueless hit the big screen, its fresh design had us all green with envy.
However, it’s worth noting that scenes taking place inside the house were filmed elsewhere, on a soundstage.
The house, sitting pretty at 5148 Louise Ave on a 2-acre lot, hasn’t switched hands since it was built back in 1993. The last publicly recorded sale was a land transaction in 1980 for $680,000.
Fast forward to today, and the house is pegged at a cool $7 million. Not too shabby, huh? But, surprisingly, it’s considerably cheaper than the next Clueless house on our list.
Dionne’s real Beverly Hills digs
Now, let’s dish about Dionne’s house. Unlike Cher’s Encino residence, Dionne’s Tudor-style mansion truly sits in the heart of Beverly Hills.
Boasting similar specs to Cher’s house but with a Beverly Hills zip code, this property screams luxury — and is considerably more expensive than the Horowitz residence.
Last sold in 2008 for over $10 million, its current value hovers around $17 million – making it way pricier than Cher’s home.
But it’s also worth noting that the house that sits on the lot today is completely different from the Tudor-style home that graced our screens three decades ago.
Property records show that the house at 705 N Sierra Dr in Beverly Hills sold twice since the movie’s 1995 debut: once in 1998, when it commanded a $3,350,030 sale price, and then again in 2008, when it sold for three times that amount, $10,650,000. So it does look like in between these two owners, a new house was built on the 0.51-acre lot.
Other real ‘Clueless’ filming locations
Our Clueless journey doesn’t end at Cher and Dionne’s doorstep.
Remember the fictional Bronson Alcott High? Those scenes came to life at Occidental College and Ulysses S. Grant High School.
And who could forget the Westside Pavilion mall escapades or the mugging at Circus Liquor? Not to mention Cher’s post-failed driver’s test meltdown on Rodeo Drive.
Los Angeles served as the ultimate backdrop, bringing the Clueless universe to life with its diverse filming locations.
And the most unique of them was surely the famous Spadena House — also known as the Witch’s house in Beverly Hills — a unique storybook home that was only featured on-screen for a few seconds, but that captivated movie fans for years after.
The Beverly Hills illusion
So, what’s the takeaway from our stroll down Clueless lane? First, it’s that movie magic can transform any location into a narrative’s heart and soul. Cher’s “Beverly Hills” mansion, firmly rooted in Encino, serves as a perfect example.
As we celebrate nearly three decades since Clueless graced our screens, let’s remember the film for what it truly offered: a comedic, stylish, and somewhat educational tour of Los Angeles’ diverse neighborhoods.
In the end, Cher’s house, much like the film itself, remains a beloved piece of ’90s pop culture. Its real-life Encino location only adds to the charm and intrigue of the “Clueless” legacy.
As for us? We’re totally buggin’ over the fact that movie magic can make us believe anything – even that Cher’s mansion was actually in Beverly Hills.
It wouldn’t be the first time tough. We also long thought that the Fresh Prince house is actually in Bel Air (spoiler, it’s not!).
More stories
All the Glamorous Penthouses, Suites, and Lofts in Gossip Girl
Carrie Bradshaw’s apartment in “Sex and the City” and where to find it
Is It Real? The New Girl Gang’s Quirky & Cozy L.A. Loft
Looking for a real estate side hustle? Whether you are looking for passive income ideas or if you are looking for a part-time job (or more!), there are many different real estate side hustles. I have done a few different real estate side gigs, and I know many people who have side hustles in this…
Looking for a real estate side hustle?
Whether you are looking for passive income ideas or if you are looking for a part-time job (or more!), there are many different real estate side hustles.
I have done a few different real estate side gigs, and I know many people who have side hustles in this area as well. To get started in real estate, you don’t have to spend a lot of money – there are several real estate side gigs that can be started even if you are brand new or are on a budget.
Key Takeaways
Real estate side hustles have a range of options from income generating assets to freelance opportunities to office jobs.
You can supplement your income with both short-term and long-term real estate strategies.
Finding the right fit depends on your availability, investment capacity, and financial goals.
Best Real Estate Side Hustles
Here’s a quick summary of some of the different best real estate side hustles:
House hacking: Buy a property, live in one unit, and rent out the rest.
REIT investing: An easy way to start investing in real estate with less capital.
Airbnb rentals: Rent out a spare room or an entire property on a short-term basis.
Property management: If you’re organized and good with people, managing properties for others could be a perfect fit.
Long-term rentals: Becoming a landlord can generate steady cash flow.
Fix and flip: Buy properties that need work, renovate them, and sell them for a profit.
Below, you will read the full list and learn more about each one.
1. House flipping
Flipping houses can be a good real estate side hustle if you like real estate and enjoy fixing things up.
When you flip houses, you’re basically buying homes, making them better with repairs and upgrades, and then selling them to make more money.
The first thing to do for a successful house flip is to find a property that can be made better, such as by looking for homes in neighborhoods that are getting better or have room to grow. Think about things like where it is, what the market is like, and the condition of the property.
Before putting money into anything, it’s important to carefully look at the finances. You’ll want to figure out how much it will cost to buy, fix, and keep the property, and think about things like the cost of materials, paying workers, getting a loan, and the costs while you’re fixing things.
To flip a house well, you need to make smart changes that make the property better, without spending too much, by concentrating on important areas like the kitchen and bathrooms, and fixing any big problems with the structure or safety.
Recommended reading: 10 Best Books on Flipping Houses To Make Money
2. Investing in REITs
Real Estate Investment Trusts (REITs) are companies that own, operate, or finance income-generating real estate. They are a way for you to invest in real estate without directly managing or owning properties.
An REIT is like a company that owns and takes care of real estate that makes money. They sell shares of this company to people, kind of like how stocks work.
When you invest in REITs, you can earn money from the real estate world without actually owning any property. So, if you don’t want to deal with being a landlord, this could be a good option. It’s way less work than owning property and handling it yourself.
You can even spread out your money and invest in different kinds of properties with REITs, like houses, offices, factories, and stores.
3. Getting a roommate
Getting a roommate in your home, whether that be a full-time roommate or renting out an extra room in your home short-term on Airbnb, can be a great real estate side hustle that doesn’t require very much work from you.
The earnings you can make from having a roommate depend on things like:
Where your home is (an expensive area? rural?)
The space you are renting to a roommate (for example, do they get their own bathroom? private entrance available?)
To find a roommate, you can share about it on your own Facebook page, put up an ad on sites like Craigslist, or make a rental listing on Airbnb. There are lots of places where you can let people know you’re looking for a roommate.
I have had many roommates in the past when I was younger and had a home with spare bedrooms. I would rent them out to long-term renters and people that we personally knew (such as friends and my sister).
Recommended reading: Tips For Renting A Room In Your House.
4. Airbnbs and vacation rentals
Turning your property into an Airbnb or other short-term rental can be a way to generate extra income. This is when you rent out your space, whether a full house, an apartment, or just a room, to travelers for short stays.
Before starting your Airbnb side hustle, be sure to:
Check local laws: Make sure short-term rentals are permitted in your area. There are many areas nowadays that are more strict when it comes to short-term rentals.
Understand the financials: Calculate potential earnings against expenses like mortgage, utilities, and maintenance.
Set up your space: Furnish and decorate to create a welcoming environment.
Market your rental: Use high-quality photos and create listings on rental platforms like Airbnb and Vrbo.
The amount you can earn can vary, with some hosts making around $5,000 to $10,000 a month or more, but this depends on factors such as location, rental type, and occupancy rates. Always plan for occupancy ebbs and flows – it’s part of the short-term rental business.
5. Real estate photography
If you’ve ever looked at a house listing and thought that the pictures looked awful, then this may be the real estate side hustle for you.
Real estate agents many times hire out for the photography side of selling a house, as they know and understand how important good pictures are.
Real estate photography is all about taking pictures of houses and spaces to grab the attention of people who might want to buy them. Real estate photographers might take pictures of the outside of a house, the backyard, the living room, attic, bathroom, and more.
You can start with the equipment you likely already have, like your smartphone, which can work well because phones these days have great cameras.
How you show a property can really impact a client’s chance of selling it. Your photos are not just pictures; they’re an important part of how the property gets advertised.
As you continue with this real estate side hustle, you might think about getting better equipment (like a real camera!), but for now, practice paying attention to details and getting better at taking pictures.
If you’re thinking about doing something extra to earn money in real estate, photography could be a great choice.
Recommended reading: 18 Ways You Can Get Paid To Take Pictures
6. Real estate drone photography
Drone pilots sell real estate photography services to help real estate agents showcase the properties they are selling.
When property listings include pictures from various angles and heights, it gives a different perspective compared to regular photos. This helps show aspects of real estate that traditional pictures might miss.
When you sell property photography services using your drone, you’re providing a valuable service to real estate companies that want to stand out in a crowded housing market.
Homes are increasingly being sold using drone photos, and it’s understandable because they can showcase the surroundings of a home. Also, potential home buyers can see the entire property and house through a drone picture, giving them a better understanding of what the home includes.
Recommended reading: How To Make Money With A Drone
7. Long-term rentals
A long-term rental is when you rent out a property for a long amount of time, usually six months to a year or even longer. An example would be renting out an apartment or house to a family to live in full-time.
Long-term rentals are different from short-term rentals like vacation homes or Airbnb listings. They are meant for people or families looking for a longer place to live.
A benefit of long-term rentals is the reliable and steady income they can give you. When you rent your property to tenants for an extended period, you set up a regular cash flow of rental payments. This stability can be especially nice for people who are looking for a dependable source of passive income.
Plus, it’s usually less work than a short-term rental, because you don’t have to clean the home every few days or find new people to rent out to.
Recommended reading: How This 34 Year Old Owns 7 Rental Homes
8. Buy and hold for long-term wealth
If you want to grow wealth through real estate, the buy-and-hold strategy is a way to achieve lasting growth. This means buying a property and keeping it for an extended period, benefiting from both its increasing value over time and the rental income it makes you over the years.
Some positives to think about with a buy-and-hold real estate side hustle include:
Appreciation: Over time, real estate often increases in value.
Rental income: It can provide a steady cash flow each month.
Tax advantages: Possible deductions can reduce your taxable income.
The buy-and-hold strategy requires patience and a willingness to handle market changes. It’s a long-term approach, not a quick one, but if you stay persistent, you can create an investment portfolio for future financial stability.
9. Notary services for real estate
If you want to get more into the real estate world without becoming an agent or broker, becoming a notary public can be a way to make extra money.
Many documents, including deeds, mortgages, and power of attorney, require notarization to be legally binding.
With a notarization license, you can provide an important service required for different real estate transactions.
Notaries are important because they help make sure that the people signing documents are who they claim to be to prevent fraud.
10. Rental arbitrage
Rental arbitrage is a way to make extra money in real estate without owning a property. You rent a place for a long time and then sublease it as a short-term rental using platforms like Airbnb.
Here’s how to get started:
Check local laws: You’ll want to make sure your city or state allows for short-term rentals.
Make sure the rental allows for you to do this: Not every rental will be okay with you renting it out. You will want to read your rental contract carefully.
Do market research: Understand the demand for short-term rentals in your target area, such as by looking for locations with high tourist traffic or business conferences.
Potential Benefits
Considerations
+ Strong cash flow potential
– Initial setup and furnishing cost
+ Low startup costs compared to buying
– Dependence on short-term rental market stability
Making money in rental arbitrage comes from the difference between the cost of the long-term lease and the income from short-term rentals. The bigger the gap, the more potential for profit. But remember to factor in the expenses of running the rentals, like cleaning and maintenance costs.
11. House hacking
House hacking is a strategic approach to real estate where you purchase a property with multiple units and live in one unit while renting out the others. This is a side hustle because it can help offset your living expenses through the rental income.
House hacking can be an easy starting point if you want to dip your toes into real estate investing with the added perk of reducing your personal living expenses.
Back when we were living in a traditional house, we house hacked for a little while and had a few different roommates live with us. The monthly rent we collected allowed us to lower our house payments and put more money in savings.
We house hacked with our first house, and it was really great for us. Being able to set more money aside even helped me get ready to quit my job to become a full-time blogger.
If you are looking for a good book on the subject of house hacking, then I recommend reading The House Hacking Strategy: How to Use Your Home to Achieve Financial Freedom by Craig Curelop.
Recommended reading: What Is House Hacking & How To Live For Free
12. Real estate agent
A real estate agent is a person who helps people, like you and me, find real estate to buy or sell. They usually earn their income through a commission, which is a percentage of the property’s sale price.
To become a real estate agent and start this real estate career, you only need a high school diploma and a professional license. As of 2021, the median pay, according to the U.S. Bureau of Labor Statistics, is $23.45 per hour, or $48,770 per year.
And, there are tons of real estate agents who make a lot more money than this.
13. Crowdfunding and peer-to-peer lending
If you want to learn how to make extra money in real estate, then crowdfunding and peer-to-peer lending are areas to look into.
Crowdfunding platforms allow you to invest in real estate deals with a smaller amount of money compared to purchasing property outright. This can provide you with passive income through rental returns or potential property value appreciation.
Peer-to-peer lending platforms enable you to lend money directly to borrowers. You can potentially earn higher returns compared to traditional savings accounts, but there is always the risk of a borrower not repaying the loan.
Both crowdfunding and peer-to-peer lending utilize technology to connect investors with individuals seeking funding.
14. Bird dogging
Bird dogging in real estate can be a side hustle where you help find potentially profitable properties for investors. Your skill in spotting undervalued or distressed properties is important.
Here’s what you usually need to do:
Conduct market research to locate properties that are flying under the radar.
Build a network with local real estate investors who are looking for deals.
Learn to use the Multiple Listing Service (MLS) to spot opportunities.
Typically, you’ll be on the lookout for foreclosures, bank-owned properties, and distressed homes due for a quick sale.
As a bird dog, your compensation usually comes from a referral fee after the investor decides to move forward with your find. Importantly, to perform this role, you don’t necessarily need any initial capital, just the time and skill to identify promising investment opportunities.
15. General contractor
General contractors handle the day-to-day activities on construction sites, overseeing tasks from residential remodels to constructing new homes.
This is typically more of a full-time job, but this can sometimes be done as a real estate side hustle.
As a general contractor, you can choose projects that match your schedule and interests, providing flexibility. Despite the responsibilities, this role allows you to play a central role in turning plans into actual buildings, giving you the potential to make extra money.
16. Flip raw land
Getting involved in raw land flipping is when a person finds and buys undeveloped land to sell later at a profit.
The main benefits include a lower initial investment and less complexity compared to traditional real estate investments, as it doesn’t involve renovation or improvements. There are no buildings, instead it may be a lot or acres of land.
Here’s a step-by-step guide on how to start:
Find raw land – Research areas with potential growth or upcoming developments that could boost land value.
Due diligence – Perform thorough checks on land titles, zoning laws, and road access to avoid legal issues.
Pricing strategy – Your selling price should be attractive enough for buyers yet ensure you make a reasonable profit margin.
Sell and negotiate – Use online platforms to reach potential buyers and negotiate the best deal.
17. Rent out your storage space
If you have unused land or space in your home, renting it out for storage space can be an easy way to make passive income.
People have a lot of stuff, and they will pay you to store their stuff in your unused spaces.
You can sell storage solutions for vehicles, boats, personal belongings, and more. You can rent out your parking space, closet, basement, attic storage, and more.
A site where you can list your storage space is called Neighbor and you can earn $100 to $400+ each month. This depends on the demand in your area and the type of storage space you are renting out.
Recommended reading: Neighbor Review: Make Money Renting Your Storage Space
18. Property manager
A property manager side hustle can be a great way to make extra money.
A property manager is a real estate professional who finds and oversees tenants, collects rent, and handles repairs and maintenance activities. It’s a side hustle that property owners pay for because they may not have the time or skills to effectively manage their own property.
Property managers can manage long-term rentals like apartments, short-term rentals like Airbnbs, and even commercial spaces as well.
I have a friend who is a property manager on the side of his full-time construction job – he manages many different types of properties, from second homes to vacation rentals to someone simply being out of town. He checks on their properties to make sure that everything is running smoothly.
19. Home stager
If you’re passionate about real estate and design, starting a side hustle as a home stager could be profitable for you. As a home stager, your job is to improve the appearance of a home before it’s listed for sale.
This often results in faster sales and higher prices, making your service valuable to sellers.
You can start by staging homes for friends or family, if possible, to build a portfolio. Before and after photos are powerful tools to showcase your work.
You can even provide consultations to homeowners who prefer to do the actual staging themselves. In such cases, your design style can be a more budget-friendly option for a do-it-yourself homeowner.
20. Home inspector
We recently bought a house, and our home inspector was actually a home inspector on the side – this was his real estate side hustle! I think he was a city inspector (or something similar) full-time, so he was very knowledgeable in the area.
Home inspection as a side job can be a strategic move if you’re interested in real estate. This job allows for flexibility since you can set your hours, such as by completing home inspections on the weekends or before or after your day job.
You’ll need to invest in proper training and get licensed, which is a process that can be completed relatively quickly.
The responsibilities of a home inspector include:
Inspecting homes for possible problems, like a leak or bad wiring.
Creating and delivering reports based on what you find during the inspection.
21. Real estate appraiser
Real estate appraisers determine the fair market value of a property, and this process is important in transactions, such as home sales and refinances.
Appraisers assess property values by taking notes on unique characteristics and comparing them with similar properties that have sold recently.
They then prepare reports, detailing findings and providing a valuation that banks and other institutions depend on for loans.
22. Real estate wholesaler
Real estate wholesalers are middlemen who find properties under market value, contract them with the seller, and then sell the contract to a buyer, often an investor. Their profit comes from the difference between the contracted price with the seller and the amount the buyer pays.
Here is a quick summary of what a wholesale real estate side hustle is:
Find a distressed property – Search for properties that can be bought below market value.
Evaluate the property – Determine the After Repair Value (ARV) and estimate repair costs.
Secure under contract – Enter into a contract with the seller, giving you the right to purchase.
Find a buyer – Locate an investor interested in buying the contract.
Assign the contract – Transfer your purchasing rights to the investor for a fee.
By becoming skilled at finding good deals and building connections with trustworthy investors, real estate wholesaling can become a profitable real estate side hustle.
23. Start a real estate blog
Starting a real estate blog (or even a real estate YouTube channel or social media account!) can be a good way to make extra money without having to spend a lot of money.
With a real estate blog, you can write about local market insights, home buying and home selling tips, property investment strategies, home improvement and DIY projects, and more.
I have been a blogger for years, and I really love it. I am able to create my own schedule, decide how I make money online, travel whenever I want, and more. And, it all started on the side of my day job – so I definitely think that a real estate blog can be started as a side hustle.
Learn more at How To Start A Blog FREE Course.
Frequently Asked Questions
Below are answers to common questions about real estate side hustles.
Can real estate be a side hustle? Is real estate a good side hustle?
Yes, real estate can be a lucrative side hustle. Many people do real estate activities on a part-time basis, which can include short-term rentals, getting a roommate, and more, with lower time commitments.
Is real estate worth it as a side hustle?
Real estate as a side hustle can be worth it if you are looking for more income streams and have an interest in the housing market or real estate. As you probably noticed above, there are many different kinds of side hustles, so the amount of money you can earn or the amount of time you will spend will just depend on the gig you choose.
How can realtors make extra money?
Realtors can make extra money by managing rental properties, taking part in real estate crowdfunding, selling real estate photography services, and more.
Is real estate a good side hustle for teachers?
Yes, real estate can be a good side hustle for teachers. There are many options that may work for a teacher.
For example, some teachers work as real estate agents on the side. This is possible because you can handle listing and selling homes during weekends, breaks, evenings, and over the summer. However, keep in mind that selling homes might pose challenges, as clients may require your full attention during the day, which could clash with your teaching commitments.
You can find more ideas at 36 Best Side Jobs for Teachers To Make Extra Money.
Which licenses might be required to pursue a side hustle in the real estate field?
Depending on the side hustle, certain licenses like a real estate license may be required. For example, to become a real estate agent or home inspector, you’ll need a specific license. However, if you’re looking into just getting a roommate, then you may not need a license. It all just depends on the real estate side gig you are interested in.
How to make money in real estate without ever buying any property?
As you learned above, you don’t need to personally buy or own real estate in order to make money in real estate. You can invest in REITs, become a notary for real estate transactions, include affiliate marketing for real estate products on a blog, and more.
Real Estate Side Hustles – Summary
I hope you enjoyed this article about real estate side hustles.
Picking the right side hustle gig in real estate might feel overwhelming because there are many choices.
Some people might like jobs where you have to do more, like fixing up houses or taking care of Airbnb rentals. Others might prefer making money without doing much, like through REITs or renting out a spare room.
Whatever you’re into or however much money you have to invest, there are probably real estate side business ideas that fit with what you have and what you want to achieve.
What do you think is the best real estate side hustle?
In our ongoing quest to address the disheartening homeownership rate of 44%, it becomes imperative to explore innovative solutions that can propel more individuals into home ownership. One promising avenue that deserves attention is the facilitation of small cap mortgages. However, to make a significant impact, it is crucial to incentivize banks, mortgage companies, and financial institutions to engage in this form of lending, while ensuring that loan officers are equally motivated. Property is not just a tangible asset; it is a symbol of power, economic stability, and wealth-building. As we navigate the complex landscape of homeownership, particularly for African Americans, the significance of mortgage loans cannot be overstated. Black homeowner buyers have found themselves either priced out of the housing market or compelled to seek homeownership elsewhere.
Bridging the Housing Gap
In the pursuit of more affordable housing the key to achieving this lies in increasing homeownership through mortgage lending at a diversity of price points. A recent report has identified small-dollar mortgages, ranging from $20,000 to $100,000, as a potential solution to provide relief to aspiring Black homeowners.
Challenges in the Current System
The need for small dollar mortgages is underscored by the fact that most financial institutions are reluctant to engage in loans for amounts less than $100,000. This reluctance creates a systemic barrier. The Urban Institute revealed that the availability of small mortgage loan financing is limited, posing a significant hindrance to affordable homeownership.
Limited Access to Affordable Housing
Affordable housing supply remains a major issue, and the lack of financing options for low-cost properties exacerbates the problem. By facilitating the purchase and improvement of these properties through small-dollar mortgages, access to the nation’s limited supply of affordable housing can be improved. Urban Institute’s previous findings indicate that fewer lenders are willing to provide small mortgages, and applicants are more likely to face denials for smaller loan amounts compared to larger ones. This is something that I have experienced many times.
Incentivizing Lenders:
To encourage financial institutions to delve into small cap mortgages, policymakers and regulatory bodies should consider offering targeted incentives. These incentives could take various forms, such as tax breaks, reduced regulatory burdens, or financial support for institutions engaging in a higher volume of small cap lending. By creating a favorable environment for lenders, we can foster increased participation in this critical sector.
Loan Officer Motivation:
Recognizing the crucial role loan officers play in the mortgage approval process, it is essential to ensure that they are motivated to actively promote small cap mortgages. Financial institutions can implement performance-based incentives, training programs, and career development opportunities specifically tailored to small cap lending. By aligning the goals of loan officers with the broader objective of increasing homeownership, we create a more sustainable and impactful lending ecosystem.
Collaborative Initiatives:
Government entities, along with industry stakeholders, should collaborate to establish initiatives that promote small cap mortgages. One possible avenue is the creation of funds or grants dedicated to supporting lenders who actively contribute to increasing homeownership through small cap loans. These collaborative efforts can serve as a catalyst for financial institutions to view small cap mortgages not just as a social responsibility but as a viable business opportunity.
Community Engagement:
Engaging local communities is pivotal in expanding access to small cap mortgages. Establishing partnerships between lenders and community organizations can create awareness, provide educational resources, and offer counseling services for potential homeowners. By fostering a sense of community ownership and responsibility, we can encourage financial institutions to prioritize small cap lending as a means of contributing to the prosperity of the communities they serve.
In Summary
The role of small cap mortgages is pivotal. Breaking down the barriers that limit access to affordable housing and empowering individuals with the means to purchase homes at various price points is crucial for building stable neighborhoods and fostering wealth in communities. In addressing the challenge of a 44% homeownership rate, the promotion of small cap mortgages emerges as a viable solution. By incentivizing banks, mortgage companies, and financial institutions, and ensuring loan officers are motivated… we can pave the way for a brighter future where more individuals can realize the dream of owning a home. Through collaborative efforts, community engagement, and targeted initiatives, we can collectively work towards a higher homeownership rate in the black community this not only strengthens the housing market but also enhances the overall well-being of our neighborhoods.
Dr. Anthony O. Kellum – CEO of Kellum Mortgage, LLC Advocate for Access to credit, Speaker, Author NMLS # 1267030 NMLS #1567030 O: 313-263-6388 W: www.Kellumortgage.com.
Property is Power! is a movement to promote home and community ownership. Studies indicate,
homeownership leads to higher graduation rates, family wealth, and community involvement.
When looking for a place to live, a variety of factors come into play like location, size and cost. Everyone wants to find and move into an apartment that fits their needs and is affordable. While the cost of living is getting more and more expensive across the country, there are some neighborhoods across America that are inexpensive.
If you’re looking for a studio, one-bedroom or two-bedroom apartment, we’ve built a list of the cheapest neighborhoods in America for renters.
Jump ahead:
The cheapest neighborhoods for studios
Studio apartments are open concept living spaces where the kitchen, living room and bedroom are in one larger room and only the bathroom is in its own room with walls and a door. Studios give off an urban vibe and are great for people who are singles or couples.
While studios are often smaller in square footage, they aren’t necessarily cheaper to rent. For example, a studio apartment in San Francisco can cost upwards of $3,300 for roughly 650 square feet!
If you’re looking for an eclectic studio apartment but don’t want to break the bank with rent, there are some neighborhoods worth considering.
5. St. Matthews (Saint Matthews, KY)
Average price per square foot: $1.34
The neighborhood of St. Matthews is a desirable pocket of Kentucky where homes are in high demand and businesses are growing within the community. Residents love the parks, walking paths and playgrounds.
Also, housing is very affordable in this neighborhood and it’s the fifth-cheapest neighborhood for studio apartments with average rent at $748 per month.
4. East Louisville (Louisville, KY)
Average price per square foot: $1.34
Whether you’re a baseball fan or a horse racing fan, Louisville has something to offer for everyone. From shopping to dining to watching a sporting event, you’ll find lots to do in the largest city in the state.
And while it’s a major metro city, studios are still very affordable for renters. If you’re looking to rent a studio apartment in one of the cheapest neighborhoods, check out East Louisville where rent is $748 a month.
3. West San Antonio (San Antonio, TX)
Average price per square foot: $1.09
West San Antonio is the third city in Texas that offers affordable rent for studio apartments. Again, the average cost of rent for a studio is $647. If you’re looking to move to Texas and live in a studio, you have plenty of the cheapest neighborhoods to consider.
2. Far West Side (San Antonio, TX)
Average price per square foot: $1.09
Another cheap neighborhood for studios in San Antonio is Far West Side. This neighborhood is full of fun studios for rent that are both affordable and chic. You can rent one for $647 and live in this city full of rich history, which is home to the historic Alamo.
1. Lackland Terrace (San Antonio, TX)
Average price per square foot: $1.09
Wide-open spaces — that’s what Texas has to offer. Lackland Terrace is a neighborhood in San Antonio full of parks, trails and outdoor spaces. This is a great place to be if you want a city vibe plus lots of open land. Lackland Terrace boasts studio apartments available for rent for as cheap as $647 a month.
The 25 cheapest studio neighborhoods
While these are the top five cheapest neighborhoods for studios, there are cities in America that have studios for rent at a great price. Check out the 25 cheapest studio neighborhoods.
The cheapest neighborhoods for one-bedroom apartments
One-bedroom apartments are great for renters who are single, couples or even small families. You’ll be equipped with a kitchen, living room and a separate bedroom and bathroom.
Prices can vary from city to city, but one-bedroom apartments can cost anything from $500 to $5,000. If you’re looking for a one-bedroom apartment, you can rent in some of the cheapest cities in America.
5. Eastside (Tulsa, OK)
Average price per square foot: $0.87
Oklahoma is more than just the name of a musical. And in Tulsa, you’ll find yourself in the second-largest city in the state. This city has lots of places to shop and eat, as well as green space and parks. Eastside is among the third-cheapest neighborhoods in the state, too, with rent as low as $0.87 per square foot for a one-bedroom apartment.
4. North Baton Rouge (Baton Rouge, LA)
Average price per square foot: $0.85
The neighborhood of North Baton Rouge is great for rent prices granted it’s located in the capital city. If you want to live in the heart of Louisiana but don’t want to pay a fortune for rent, check out this neighborhood where rent is $718 a month for a one-bedroom apartment.
Baton Rouge is located on the Mississippi River and has a plethora of fun things to do — from sightseeing to checking out historic monuments, this is a great city to call home.
3. The Falls (Tulsa, OK)
Average price per square foot: $0.85
The Falls is another neighborhood in Tulsa, OK, where you can find inexpensive one-bedroom apartments to rent. Rent is cheap, yet you’re situated in the heart of a large city full of fun things to do.
2. Parkway Village (Memphis, TN)
Average price per square foot: $0.84
Memphis means “Established and Beautiful,” and that’s what this city is. Here, you can find lots of shops, restaurants, museums, parks and more. Memphis is home to rock ‘n’ roll legend Elvis Presley, so you can find some cool musical memories here, too.
Also, you’ll find rent for as cheap as $585 a month in the charming neighborhood of Parkway Village. You can live in this big city and have affordable housing.
1. South Montgomery (Montgomery, AL)
Average price per square foot: $0.71
Montgomery, AL, is home to the Civil Rights Movement, so you’ll find a city full of rich history and lots of historic sites to visit. But in addition to the historical monuments, you’ll find some charming neighborhoods that are affordable for one-bedroom renters. The average rent for a one-bedroom is $491 in the neighborhood of South Montgomery.
The 25 cheapest one-bedroom neighborhoods
These five cities have the cheapest neighborhoods for one-bedroom apartments, but there are 25 other cities that made our list of the cheapest neighborhoods for renters. Check them out below.
The cheapest neighborhoods for two-bedroom apartments
Two-bedroom apartments are great for families or renters who need a little extra space. While more room equals higher rent, you can still find two-bedroom apartments in some of the cheapest neighborhoods across the country. Here are some of the most affordable housing options in America.
5. Fort Smith Eastside (Fort Smith, AR)
Average price per square foot: $0.63
One of the cheapest neighborhoods in the country for two-bedroom apartments is Fort Smith Eastside in Arkansas. Fort Smith is the second-largest city in the state, so you’ll find plenty of things to do and places to go when living here. Also, you’ll have great rent prices in a medium-sized city — win, win!
4. North Parkway Village (Memphis, TN)
Average price per square foot: $0.63
Located in the heart of Memphis, TN, is a neighborhood called North Parkway Village. Renters can find a variety of two-bedroom apartments with 960-plus square feet for rent for as little as $613 a month. That’s less expensive than some studio apartments with much less space!
3. South Montgomery (Montgomery, AL)
Average price per square foot: $0.63 cents
Montgomery, AL, is a historic city for the Civil Rights movement, but it also is a city that offers great rental prices for both one- and two-bedroom renters. Here, you can find apartments for rent for $600 a month, and you’ll get close to 1,000 square feet to live in. South Montgomery is the neighborhood to look in when looking for some of the cheapest apartments around.
2. John Barrow (Little Rock, AR)
Average price per square foot: $0.59
Little Rock is another city in Arkansas that provides a variety of options for renters looking to save. The neighborhood of John Barrow has large, two-bedroom apartments for rent for roughly $650 a month. This neighborhood has some of the largest apartments for rent for a great price. Enjoy living in the capital city at an affordable rate.
1. Fort Smith Southside (Fort Smith, AR)
Average price per square foot: $0.57
The city of Fort Smith helped settle the “Wild West” and was a western frontier military post back in the 1800s. This city is the second-largest city in the state and while it has a sizable population, you can still find some cheap neighborhoods scattered throughout for two-bedroom renters. Fort Smith Southside is the cheapest neighborhood for two-bedroom apartments with an average rent price of $518 per month.
The 25 cheapest two-bedroom neighborhoods
Looking for another city with cheap neighborhoods for two-bedroom apartments? Here is a list of 25 of the cheapest neighborhoods across America.
Finding affordable housing across the country
Across America, housing prices vary greatly. There are expensive neighborhoods and some of the cheapest neighborhoods scattered throughout the same cities. Finding affordable housing is possible, and you can rent in some of the cheapest neighborhoods in any city in America if you do your research.
Whether you’re looking for a studio, one-bedroom or two-bedroom apartment, there are inexpensive neighborhoods that offer great places to live and call home.
Methodology
We found the cheapest neighborhoods by taking the average rent prices in specific areas and dividing them by the average square footage for each unit type in the area to determine a price per square foot. Neighborhoods with insufficient inventory were excluded.
Rent prices are based on a rolling weighted average from Apartment Guide and Rent.’s multifamily rental property inventory of one-bedroom apartments. Data was pulled in November 2020 and goes back for one year. We use a weighted average formula that more accurately represents price availability for each individual unit type and reduces the influence of seasonality on rent prices in specific markets.
The rent information included in this article is used for illustrative purposes only. The data contained herein do not constitute financial advice or a pricing guarantee for any apartment.