How to Earn Money Renting Your RV – Rent Out RV, Profit, Repeat

You love your RV. But chances are, you’re not using it every day of the year. In fact, there are more than 18 million RVs in the U.S, that sit idle for 350 days out of the year. Not only that, but RVs are often the second-most expensive purchase Americans make outside of their home.

If you’ve got a road-ready RV sitting in storage or in your driveway while you make payments on it, you have an opportunity to offset that major expense and let it pay for itself. We’re talking about renting it on an RV rental marketplace like Outdoorsy.

Years ago, homeowners couldn’t fathom allowing “strangers” to rent out their homes. The same way homeowners found online vacation rentals a lucrative and safe enterprise, Outdoorsy is proving that RV rentals can deliver similar success.

RV owners are making up to $50,000 annually by renting out their travel trailers, campers, conversion vans and luxury motorhomes on Outdoorsy.

Entertain the question for a moment and learn just how much you can make by renting out your RV to vetted and verified renters who share your passion for the RV lifestyle and the great outdoors.

How Much Money Can You Make Renting Out Your RV?

No doubt, there’s more to renting out your travel trailer or conversion van than simply listing your property online, accepting a reservation and swapping your keys for money.

Outdoorsy is built on trust. And thoughtful assurances, at every level, are what make that trust rock solid.

Every prospective renter on Outdoorsy has their driving record verified, so you know your RV will be in safe hands with a strong track record of defensive driving.

And then there’s trip insurance, up to $1 million in coverage, and roadside assistance, both of which help strengthen the trust between owner and renter.

Once you account for the insurance costs, listing and reservation fees and driver background checks, RV owners take home about 80% of what renters pay for the pleasure of renting your RV.

Here are some estimates on how much you could make by renting out your RV for just one to two weeks:

  • Class A: $2,569 – $5,138
  • Class B: $1,624 – $3,248
  • Class C: $1,540 – $3,080
  • Camper van: $1,204 – $2,408
  • Truck camper: $875 – $1,750
  • Travel trailers: $693 – $1,386
  • Folding trailer: $490 – $980
  • Fifth wheel: $1,113 – $2,226
  • Toy hauler: $770 – $1,540
  • Passenger van: $420 – $840

RV owners can make even more than these estimates if a renter exceeds your mileage or generator restrictions. Outdoorsy accepts even more RVs than those listed above — anything from conversion vans to luxury motorhomes.

You’re paid handsomely for every little bit of wear and tear your RV could potentially sustain for everyday use and insurance protects your property from abuse.

It’s free to list your RV on Outdoorsy. They won’t charge you anything until a renter pays to rent out your RV.

How to List Your RV and Start Earning

Creating a listing is simple, and there will likely be strong interest when you do set out in the RV rental business. But creating a great listing takes a little bit of effort and will be worth your while when renters start to rate the experience.

Signing Up

It’s not a commitment to anything. Signing up for Outdoorsy only indicates you’re open to learning about what could come next.

You’ll need to supply your name, email address and your contact number. You can sign up in a web browser or download the Outdoorsy app.

Creating Your Listing

Outdoorsy will do its part to ensure you can trust renters. With your listing, you’ll have to do your part to attract renters and help them understand just how great of an opportunity renting your RV will be for them.

Take photos showing off your RV. Staging your photos is fine, even encouraged, as it’ll help renters start to daydream about it. You can select the amenities your RV offers and Outdoorsy will compile them on your listing.

You’ll also need to establish your rules for your RV: how many miles they can put on it, the types of places they can take it, how much they can use the generator and so on.

Accepting Reservations

You are never obligated to accept any reservations. But if you’re still nervous about handing over the keys, it gets a lot easier each time.

Also, it’s perfectly acceptable to throw a few questions at potential renters before accepting their booking requests to rent out RV time from you.

Preparing for the Next Renters

More than just removing personal belongings, you’ll want to make sure your RV is clean and is road ready. Your renters will do the same for you when they return it — neither side wants to clean up after the other.

Swapping the Keys for Money

It’ll be back before you know it, and in as good a condition as you remember. The last thing a renter wants is to be liable for insurance costs.

You get to determine where you’ll meet renters to drop off the keys and where they’ll have the RV delivered. But remember, going the extra mile to accommodate your guest will probably earn you rave reviews and will ultimately help attract even more guests.

Getting Paid

Once the key exchange is done, you’ll be paid through Outdoorsy about 24 to 48 hours later. Your bank may take the usual three to five business days to update your ledger, however.

Outdoorsy won’t charge you a dime until a renter has paid to borrow your RV. Once Outdoorsy is paid, they’ll collect insurance and other fees before initiating your payout.

How Insurance Works

If you’ve ever thought about renting out RVs in the past, you were probably dissuaded by your insurance policy’s commercial exclusion clauses and RV rental restriction.

Nearly all RV insurance policies rule out renting out your RV.

Episodic Insurance built into the Outdoorsy Platform

Roamly’s  “episodic” insurance coverage begins covering your RV from the moment you hand over the keys to the renter until the moment you get them back. The renter must purchase Roamly’s episodic insurance as part of the RV booking process, ensuring that the renter, and your RV, are protected on the trip.

This comprehensive policy comes with up to $1 million in liability coverage for each trip.

Personal RV Insurance with No Commercial Exclusions

While your RV is protected through Roamly’s episodic insurance when it’s being rented out, you’ll want to make sure that your RV insurance carrier even allows you to rent it out in the first place. That’s where Roamly’s personal lines of insurance can help.

Roamly’s RV policies explicitly allow you to rent out your RV when you’re not using it by removing the commercial-use restriction found in traditional RV policies. While other carriers will deny legitimate claims or drop your coverage if you rent out your RV, Roamly won’t. In fact, Roamly encourages it, and it offers unique premium discounts the more you rent out your RV on Outdoorsy.

And yes, you really can save up to 25% in many cases by switching over to Roamly, an insurance company that was built by RV enthusiasts just like you.

To see how much Roamly could save you, get a quote here. It takes just 60 seconds and can be done completely online.

Get Paid to Share the RV Lifestyle

People don’t just want to see our country’s National Parks and scenic drives, they want to savor them through immersive experiences that a car or SUV just can’t accommodate.

Ready to rent out your RV? Even if you aren’t quite ready, joining the Outdoorsy community is the next step and it’s completely free.

You can learn from other RV owners who are using extra income from Outdoorsy to pay for their grandkids’ tuition, pay for home improvements or cover all the expenses for their next big adventure.

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Source: thepennyhoarder.com

Swimming Pool Financing: What to Know and Best Pool Loans

Who doesn’t love a relaxing dip in the swimming pool on a sweltering, hot day? And when that swimming pool is in your backyard, it’s even better.

You could bring your friends together over the summer by hosting pool parties. You could teach your kids to swim right at home. If you rent out your place on Airbnb or Vrbo, you could fetch top dollar for the additional amenity.

Sounds like a dream.

If your house didn’t already come with a pool when you moved in, there’s still a possibility of turning your pool fantasies into reality if you have enough space.

And if you don’t have tens of thousands of dollars upfront to spend on a pool construction project, there’s always pool financing.

What Is Pool Financing?

Pool financing is when you borrow money from a financial institution or lender to cover the costs of building a pool. Pool construction typically costs anywhere from $17,971 to $46,481 with the average cost being around $32,059, according to HomeAdvisor.

Of course, the cost will vary based on the size, the type of pool, your location and where you plan to build the pool on your property. Adding a small plunge pool to a cleared, flat space in your backyard will cost considerably less than adding a resort-style pool with waterfalls and a jacuzzi to your property that requires you to cut down multiple trees and level the land.

Besides the personal enjoyment that comes along with having a pool, this addition to your home could boost your property value and make your home more desirable to future buyers, renters or short-term guests.

The high cost to install a pool means that many people rely on pool financing. There are several ways to go about getting a loan for a pool.

Options for Pool Financing

If you want to add a pool to your property, but don’t have the cash upfront, you have several options.

You could get a personal loan (sometimes referred to as a pool loan), a home equity loan, a home equity line of credit or a cash-out refinance. Some pool builders or retailers offer in-house loan programs through their partner lenders. You might also consider using a credit card as your method of financing.

Personal Loans (AKA Pool Loans)

Pool loans are unsecured personal loans offered by banks, credit unions and online lenders. You may be able to get a pool loan through the financial institution where you already have existing accounts, or you might choose to get financed from an online lender or financing consultant company that deals exclusively with pool loans and home improvement loans.

One of the benefits of personal loans is that you don’t have to offer up any collateral. If you stop making payments and default on your loan, you don’t have to worry about your house being foreclosed — though the lender still could sue you. If approved for an unsecured personal loan, you can usually receive funds within a couple of days, much quicker than some other financing options.

Because you don’t have any collateral backing the loan, however, these financing options can come with higher interest rates. Interest rates can start around 3% and go up to about 36%.

A borrower’s credit score, credit history, income and existing debt load all affect the interest rate.

Personal loan terms generally range from about two to 12 years — though some pool loans can have terms up to 20 years or more. You can get loans from $1,000 to over $200,000 to fund simple above-ground pools or elaborate in-ground pool projects.

Home Equity Loans

Home equity loans are essentially when you tap into the equity you have in your home and take out a second mortgage. If you have a significant amount of equity, you could finance your pool project this way.

Home equity loans generally have lower interest rates than personal loans because your home is used as collateral. If you default on your loan, the lender could foreclose on your home.

Also, with home equity loans you’ll face additional fees, like a home appraisal cost and closing costs, so be sure to factor that into your decision making.

Home Equity Line of Credit (HELOC)

A home equity line of credit or HELOC also taps into the equity you have in your home, but it’s a revolving line of credit that you can use for several years instead of a loan that provides you with one lump sum of cash.

With a HELOC, you can pull out funds as needed to finance your pool construction and other home improvement projects. While you’ll only pay back what you borrow, the interest on HELOCs are usually adjustable rates rather than fixed rates. That means your monthly payments can increase during your repayment period.

Cash-Out Refinance

A cash-out refinance is essentially when you replace your existing mortgage with a new mortgage that exceeds what you owe on the house and you take out the difference in cash.

You can then use that lump sum to pay for your pool, and you’ll pay it back throughout the course of your new mortgage — over the next 10 to 30 years depending on your loan terms.

A cash-out refinance might make sense if you’re able to get a lower interest rate than your current mortgage. However, just like with a home equity loan or HELOC, your home is being used as collateral, and you’ll face additional fees involved in the refinancing process.

In-House Financing from the Pool Builder

Some pool companies may directly provide you with pool financing offers, so you don’t have to search for financing on your own. The pool companies typically aren’t offering the loan to you themselves, but they’ve partnered with a lender or network of lenders to provide you with financing options.

This type of financing is the same as applying for a personal loan or pool loan. The benefit is that you get a one-stop-shop experience instead of having to reach out to lenders individually. Your pool contractor may even be able to assist you through the loan process.

The downside is that you could potentially miss out on a better deal by only getting quotes from the pool company’s partnered lenders.

Credit Cards

Because of their high interest rates, credit cards are usually not recommended as options for financing a new swimming pool. However, there can be situations where it’d make sense.

If you’re able to open a zero-interest credit card and pay the balance back before the zero-interest period expires, paying with a credit card can be a great option — especially if it’s a rewards card that’ll give you points, airline miles or cash-back for spending or a bonus just for opening the account.

If you choose this financing option, be sure that you’ll be able to pay off the balance in a relatively short period of time. Most credit cards only offer zero-interest periods for the first 12 to 21 months. After that your interest rate could go up to 18% or more.

Pool Loan Comparisons

Getting quotes from multiple lenders will help you select the best deal for your pool construction project. Here’s what a few top lenders are currently offering.

Lyon Financial

Best for Long Loan Terms

4.5 out of 5 Overall

Key Features

  • Pays the pool contractor directly
  • 600 minimum credit score
  • Offers military discounts

Lyon Financial is a financing consultant that has been in business since 1979 and works with a network of lenders to provide loans for pool and home improvement projects. Unlike personal loans that provide the borrower with the funds upfront, Lyon Financial disburses the funding directly to the pool builder in stages as the project progresses.

Lyon Financial

APR (interest rates)

As low as 2.99%

Maximum loan amount

$200,000

Loan terms

Up to 25 years

HFS Financial

Best for Large Pool Loans

4 out of 5 Overall

Key Features

  • Provides loans up to $500,000
  • Most loans are funded within 48 hours
  • No prepayment penalties

HFS Financial is a financing company that partners with third-party lenders to provide homeowners with the money to construct pools on their property. Use their “60 second loan application” to kick off the loan process. Funds are typically dispersed within 48 hours.

HFS Financial

APR (interest rates)

As low as 2.99%

Maximum loan amount

$500,000

Loan terms

Up to 20 years

Viking Capital

Best for Customer Service

4.5 out of 5 Overall

Key Features

  • Supports a network of pool builders
  • 650 minimum credit score
  • Offers military discounts

Viking Capital is a family-owned business that has been in operation since 1999. The company acts in the capacity of a financial consultant, and partners with a network of lenders to provide multiple loan offers for pool construction projects.

Viking Capital

APR (interest rates)

As low as 5.49%

Maximum loan amount

$125,000

Loan terms

Up to 20 years

5 Steps to Securing Pool Financing

Follow these steps to secure a loan for your pool.

1. Determine What Monthly Payments You Can Afford

Before you dig into your pool financing options, you should be clear on what monthly payment you can afford. Having a pool is a luxury. You don’t want a pool construction project to jeopardize your ability to pay your bills and meet your needs.

Figure out how much disposable income you have to work with by comparing your monthly earnings to how much you typically spend each month.

Don’t forget to factor in maintenance and additional utilities usage when estimating how much you can afford to go toward pool costs.

2. Check Your Credit History

When you’re financing a pool, having a good or excellent credit score will help you secure a loan with a low interest rate. Ideally, your credit score should be 700 or above.

Some lenders may offer you financing if you have fair or poor credit, however you may have to pay a lot more over time due to higher interest rates.

To boost your credit score before applying for a pool loan, follow these steps.

3. Get Cost Estimates for Your Pool

Talk with pool builders to get estimates on the total cost of your desired pool project. Get estimates from multiple pool companies so you have a better idea of what options exist.

If the estimates come in higher than you expected, consider scaling down the size of your pool project or using different materials.

Make sure any additional work — like constructing safety fencing — is included in your estimate.

4. Choose What Type of Financing Your Prefer and Shop Around For Lenders

After you figure out what options are available within your budget, it’s time to decide on what type of financing you prefer.

Will you be applying for an unsecured loan or do you plan to tap into your home equity or refinance your mortgage? Are you going to purchase a small above-ground pool that you could pay off in 15 months using a zero-interest credit card?

Once you know what type of financing you’ll go with, reach out to multiple lenders so you can compare offers and choose the best deal. You may be able to use a competitor’s lower offer to get a lender to reduce their offer even further.

5. Complete Loan Application and Sign Off on All Paperwork

The final step to get your pool project financed is to complete any additional paperwork and sign off on the dotted line. Expect to provide information about your income and other existing debt.

Your credit score may take a dip after taking on new debt, but it should rebound as you make regular, on-time payments.

Alternatives to Pool Financing

Taking on debt for a new pool doesn’t have to be your only option.

You could put off your pool construction project for a few years and save up for the expense in cash. Open a high-yield savings account to use as a sinking fund and don’t make withdrawals from the account until you’ve reached your savings goal.

If you think you’re outgrowing your current home — or are looking to downsize — wait until you’re ready to move and then look for a new home with an existing pool.

Or if you’re okay with not having a pool in your backyard, you’ll save money by visiting public pools or renting private pools from Swimply on occasion. This is a good option if you think you wouldn’t get much regular use of having your own pool.

Frequently Asked Questions

How many years can you refinance a pool for?

You can finance a pool over 20 to 30 years, depending on the type of financing you secure. If you need decades to pay back the loan, you might consider refinancing your mortgage or taking out a second mortgage. Private, unsecured loans typically need to be repaid sooner, however some have loan terms of 20 years or more.

What is the best way to finance a pool?

It all depends on your individual circumstances and preferences. If you’ve built up a ton of equity in your home and want to spread your debt payments over a lot of time, you might lean toward a home equity loan or HELOC. If you’ve got excellent credit and would qualify for a low-interest personal loan (unsecured loan), that might be the better option.

What credit score do you need for pool financing?

Ideally, you’ll want to have a credit score of 700 or higher to get the best interest rates for pool financing. Some companies, however, will accept lower credit scores. As a result, your loan may have a higher interest rate.

What is a good interest rate for a pool loan?

An interest rate around 5% is a good deal for a pool loan. You may be able to find rates even lower if you have excellent credit.

Nicole Dow is a senior writer at The Penny Hoarder.

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Source: thepennyhoarder.com

4 Types of Wills Explained: Which One Is Right for You?

Not all wills are alike; there are actually four main kinds and one of them is right for you. Sure, writing a will can be an easy task to put off until “someday.” But what if the worst were to happen before “someday?” That could mean a complicated and emotionally draining legal process for your loved ones. Creating a will not only can provide peace of mind for your loved ones after you die, but it can also provide peace of mind for you right now.

The simple definition of a will is a document that states your final wishes. This alone was sufficient a century ago, when many people had limited property to pass down. But in the modern era, when “property” encompasses everything from the contents of your long-forgotten storage unit to the crypto you decided to buy on a whim, a simple will may not encompass your complex life.

Not only that, but a will is a document that only takes effect after you die. But what if you were medically unable to make decisions? Modern end-of-life documents encompass your wishes if you were medically or otherwise unable to make decisions on your own. Among these documents is one that also has the world “will” in its name.

4 Kinds of Wills

As you begin estate planning, you’ll likely come across four common types of wills. These are:

•   A simple will

•   A joint will

•   A testamentary trust will

•   A living will

Let’s look at each type of will more closely.

What Is a Simple Will?

Like the name, a simple will may be the type of will that pops into your mind when you hear the word “will.” This will can:

•   State how you want your property bequeathed upon death

•   Provide guardianship specifications for minors

Upon death, a simple will is likely to go through a legal process known as probate to divide assets. Sometimes, in the case of high-net worth individuals, probate can be expensive. (For those with complex situations and a positive net worth, a trust can help handle those what-ifs. It can transfer assets out of your estate and into the trust, which can be advantageous in terms of taxes.) But in many situations, a simple will can provide peace of mind for people in good health. Later, these individuals may want to take on more complex estate planning, but a will provides a good foundation when it comes to making sure guardians are named and property is divided according to your wishes.

A simple will can be created through online templates, and the cost can be zero dollars to several hundred dollars. More expensive online options may come with support from an attorney who can help answer simple questions. Once created, a will then needs to be made legal according to state laws. This may include signing the will in front of witnesses. You may also want to have it notarized. Having a hard copy of the will, as well as people who know how to access it in case of your death, can ensure the will is found in a timely manner if you were to die.

What Is a Joint Will?

A joint functions in much the same way as a simple will, except it is a will created by two people, usually who are married to each other. It merges their wishes into a single legal document. In many cases, this kind of will dictates that property will be left entirely to the surviving partner. Here’s the catch, though: Upon death, property will be distributed in the manner dictated by the will — the surviving person does not have the ability or authority to make changes to what the will says once the initial spouse has died.

This can sound streamlined, especially if couples were planning to leave everything to each other anyway. But this type of will can cause headaches. For example, if the surviving spouse has more children or gets remarried, it can be almost impossible to provide for additional people not named in the initial, joint will. There could be problems even if the surviving spouse does not remarry. For example, if the marital home is considered an asset to be given to the couple’s children upon the death of both of the will’s creators, it may be impossible for the surviving spouse to sell a home to downsize.

One alternative that may suit married couples is to create two individual wills. This may provide a greater degree of flexibility and better achieve the desired effect without ruling out all of life’s what-ifs.

What Is a Testamentary Trust Will?

A testamentary trust will is usually part of big-picture estate planning. It is a document that creates a trust that goes into effect when you die. This trust can outline how certain types of property will be divided. A testamentary trust can have certain stipulations (for example, someone only inherits X piece of property when they reach Y age). This can also be used for people with minors or dependents to help ensure that wishes are followed.

What’s more, a testamentary trust can also help provide for pets. Because a pet can’t own property, naming your “fur baby” within a will can set up a legal headache. But a testamentary trust can ensure that your pet will be provided for according to your wishes.

It’s worth noting that a testamentary trust will go through the probate process, and it may not have the same tax benefits for recipients as other types of trusts. Weighing the pros and cons of different trust options can be helpful before settling on the best one for your situation.

What Is a Living Will?

This is a hard topic to think about, but what if you were in an accident and were knocked unconscious? What if you were undergoing treatment for a serious medical condition and couldn’t fully grasp the options offered to you? There’s a way to put a trusted relative or friend in the decision-making role. A living will, which is also known as an advance directive, specifies your wishes if you were medically incapacitated or unable to make or communicate decisions about your medical care. It also stipulates who your healthcare proxy, also known as a medical power of attorney, would be to make medical decisions on your behalf.

If you are creating a living, you may also want to create a power of attorney document as well. This designates a person, who may or may not be the same person as your healthcare proxy, who has the right to make financial decisions on your behalf. Having a living will can cover unexpected situations that may occur before death and can be an integral part of end of life planning.

The Takeaway

While end of life planning can be a challenging or sad endeavor, it’s an important step in making sure your assets are directed where you want them to go and that other important wishes are executed as you want. There are four main types of wills to help you legally record your plans. You’ll have options; more than one may suit your needs. And you can decide to use online services or work in person with an attorney. In either case, having the appropriate forms completed will give you peace of mind right now — and help smooth things along for your loved ones in the future during a difficult time.

More Protection Coming Your Way From SoFi

End of life planning is one important way to protect your assets and your loved ones while planning for the inevitable. But there are other ways to make sure you are covering your bases and being prepared for difficult scenarios: with different forms of insurance. SoFi has partnered with some of the best in class companies to offer you reliable and affordable auto, homeowners, renters, and life insurance. We make learning about and purchasing these policies extra easy because it’s all online — it’s the SoFi way! Why not explore the options?


Ladder policies are issued in New York by Allianz Life Insurance Company of New York, New York, NY (Policy form # MN-26) and in all other states and DC by Allianz Life Insurance Company of North America, Minneapolis, MN (Policy form # ICC20P-AZ100 and # P-AZ100). Only Allianz Life Insurance Company of New York is authorized to offer life insurance in the state of New York. Coverage and pricing is subject to eligibility and underwriting criteria. SoFi Agency and its affiliates do not guarantee the services of any insurance company. The California license number for SoFi Agency is 0L13077 and for Ladder is OK22568. Ladder, SoFi and SoFi Agency are separate, independent entities and are not responsible for the financial condition, business, or legal obligations of the other. Social Finance, Inc. (SoFi) and Social Finance Life Insurance Agency, LLC (SoFi Agency) do not issue, underwrite insurance or pay claims under LadderLifeTM policies. SoFi is compensated by Ladder for each issued term life policy. SoFi offers customers the opportunity to reach Ladder Insurance Services, LLC to obtain information about estate planning documents such as wills. Social Finance, Inc. (“SoFi”) will be paid a marketing fee by Ladder when customers make a purchase through this link. All services from Ladder Insurance Services, LLC are their own. Once you reach Ladder, SoFi is not involved and has no control over the products or services involved. The Ladder service is limited to documents and does not provide legal advice. Individual circumstances are unique and using documents provided is not a substitute for obtaining legal advice.
This article is not intended to be legal advice. Please consult an attorney for advice.
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.
SoFi offers customers the opportunity to reach the following Insurance Agents:

Home & Renters: Lemonade Insurance Agency (LIA) is acting as the agent of Lemonade Insurance Company in selling this insurance policy, in which it receives compensation based on the premiums for the insurance policies it sells.

Insurance not available in all states.
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SoFi is compensated by Gabi for each customer who completes an application through the SoFi-Gabi partnership.

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Source: sofi.com

The Best College Towns in California

From ocean-side towns to urban and metro cities, California has hundreds of college towns for students and residents alike to select from and call home. Check out our report card to learn what California college towns have to offer.

California is home to more than 700 public and private universities and community colleges. That means the Golden State has a variety of great California college towns.

So, what are some of the best college towns in California and what makes them so desirable? We’ve done our homework and put together a report card of the best California college towns to live in. Extra credit — people other than students can live in these areas, too!

10 best California college towns

Whether you’re a freshman just starting school or looking to relocate with your family, these college towns in California offer something for just about everyone.

1. Los Angeles

UCLA in los angeles

UCLA in los angeles

You may not immediately think of Los Angeles as a college town, but the city is home to 63 colleges. Some of the most well-known schools include the University of California, Los Angeles (UCLA), the University of Southern California (USC) and Loyola Marymount College. These are just some of the great schools with diverse student populations.

In addition to having several colleges to choose from, there’s so much life in the city of L.A. What’s not to love about living in Los Angeles? You’ll have access to world-class entertainment, countless restaurants and bars, great shopping and hundreds of outdoor parks. L.A. is the center of entertainment so you might even spot a celebrity walking the sunny streets of L.A.

People love L.A. for the year-round, mild climate. There are great hiking trails — like Runyon Canyon Loop or Griffith Park Trails — and outdoor parks to enjoy. Also, you’re also close to beaches like Santa Monica or Long Beach.

Los Angeles is a city that gives you a little bit of everything. You have access to one of the largest cities in the world so you can get your fix of city life while also escaping to the beach or trails. There are many neighborhoods and apartments in Los Angeles, so college students and other renters have plenty of options when looking for their next home.

Renters can expect to pay between $2,700 and $3,600 for a one or two-bedroom apartment.

2. Palo Alto

palo alto, a california college town

palo alto, a california college town

While not technically an Ivy League school, Stanford University is a prestigious, private school that’s comparable to an Ivy League. Located near the city of Palo Alto, Stanford itself is actually the town in Santa Clara county. Home to roughly 16,000 students, Stanford is one of California’s best college towns. Living here, you’ll enjoy mild weather and have access to a variety of great outdoor activities. This entire area is known as the “birthplace of Silicon Valley,” so you’ll be surrounded by tech and innovation.

When you’re living in Palo Alto, you’ll want to check out some of the sights like Hoover Tower or Cantor Arts Center. You can also enjoy the Palo Alto Baylands Natural Preserve. Once you’ve settled into Palo Alto and hit the major spots, ease into hikes, explore the neighborhoods and walk around Stanford Campus on your evening walks. You’ll be a local in no time.

The neighborhoods are beautiful and the climate is great but the rent is steep. Students and renters living near Stanford in Palo Alto will enjoy a great college town but should know that rent here is much higher compared to other cities in California. For instance, rent ranges between $3,700 and $4,300 depending on the size of the apartment. However, if you’re the next Steve Jobs and are ready to change the world with your tech start-up, this is the college town to live in.

3. Riverside

riverside, a california college town

riverside, a california college town

Riverside is home to UC – Riverside, a college that’s part of the 10 University of California schools. With roughly 21,500 students attending each year, this is a great school for students in the Palm Desert area of California. Riverside is one of the best college towns in California for its diverse student population, dedicated researchers and abundance of activities for students and their families.

People like living in the city of Riverside as it’s a vibrant community with mountains, deserts and coastal areas close by. It’s less expensive compared to other Southern California cities, yet you get the perks of California with the rolling hills and close access to beaches in this city.

Riverside is home to the citrus industry, so if you like navel oranges, you’re in luck. If that’s not your thing, don’t worry. Riverside is a sprawling urban area within 60 miles of L.A. Students and residents alike will enjoy the lower cost of living in this city while still having access to everything that makes sunny California great.

The cost of rent averages $1,800 for a one-bedroom apartment and approximately $2,000 for a two-bedroom apartment.

4. Berkeley

berkeley, california

berkeley, california

The college town of Berkeley seems to have it all — a diverse population, great bars and restaurants, a thriving nightlife, great schools from Kindergarten on up, dedicated students and a variety of housing options. Renters are within close proximity to the University of California, Berkeley campus, which is a public land grant university.

People like Cal Berkeley for the diverse higher education programs offered. From liberal arts education to STEM-based degrees, the school offers it all. Renters in Berkeley will love this college town that has a healthy blend of student-related activities near campus and a thriving city apart from the college itself.

Ranked one of the healthiest cities in the nation, Berkeley has great food, fun shops and restaurants and a vibrant live music scene. There are plenty of bike-friendly trails so you can cycle yourself from place to place. It’s a liberal, easy-going area that residents love to call home.

Rent ranges anywhere from $1,850 to $5,100 but rent has decreased by 22 percent overall year-over-year in this college town.

5. Orange

orange california

orange california

Chapman University is in the city of Orange, California. This is a small, private school in a college town located only 15 miles from the beach. The school itself has approximately 10,000 students enrolled but the city of Orange has 139,000 residents. If you live in this California college town, you’ll live near a school dedicated to liberal arts (they’re famous for their film school!) while also getting to enjoy a bigger city atmosphere.

Ninety-two percent of students live on campus during their first year, so as a student, you’re sure to make friends with your dorm buddies. However, if you move off campus you’ll have plenty of rental options and will love living in this vibrant Southern California beach city.

Whether or not you’re a student, residents alike can meander through Hart’s Park or catch a ball game at Angels Stadium. All public schools are highly rated, so it’s a great city for families to settle down. You’ll have access to great parks and the neighborhoods are family-friendly. A lot of young families and professionals settle down here as there are good job prospects, relatively affordable cost of living and easy access to fun things to do.

Rent averages $2,100 to $2,400 for studios, one-bedrooms or two-bedroom apartments.

6. Malibu

malibu, california

malibu, california

Pepperdine is a very small, private university with 9,000 students enrolled annually. Malibu itself is fairly small when compared to other California towns, with 13,000 residents. Pepperdine is a great college town because of the proximity to amenities in Malibu and the tight-knit community on campus. The Pepperdine student community is strong and students can live on or near campus and participate in a variety of student-led activities.

Outside of the campus itself, the city of Malibu is a glamorous Southern California city known for its beaches, amazing climate and frequent celebrity sightings. If you’re a renter looking for a mix of student life nearby and picturesque California glam, Malibu is the college town for you.

Keep in mind that Malibu is as expensive as it is glamorous. Rent is between $4,900 and $5,500 a month. While you’ll pay a pretty penny to live here, residents all love it. There are ample beaches to enjoy, safe neighborhoods with low crime rates and an amazing school system.

7. San Francisco

san francisco, ca

san francisco, ca

The University of San Fransisco is one of the colleges located in this famous tech city. Students and renters will enjoy calling San Francisco their college town while having access to campus life, too. San Fran is known for its liberal and diverse population and the university prides itself on its commitment to inclusiveness, equality and social justice.

Other benefits of living in this college town are your access to the San Francisco Bay, Golden Gate Bridge and the amazing downtown scene. You’ll enjoy cooler weather and more foggy days but also have sunny days to enjoy the outdoors. This big college town offers everything from outdoor adventures to downtown life.

San Fran residents love this area. You have a metro downtown with amazing restaurants and shops. There’s access to world-class destinations like the Golden Gate Bridge. You can enjoy an afternoon at Golden Gate Park and then head to the city for dinner that night.

San Fransisco is one of the most expensive cities in the world, though, so keep that in mind before deciding to settle in this California college town. You should plan to budget anywhere from $3,400 to $4,500 to live in the Bay Area.

8. Santa Barbara

santa barbara, a college town in california

santa barbara, a college town in california

Located on the coast, UC Santa Barbara is a college town in — drumroll please — Santa Barbara, CA! The school itself has nearly 24,000 students enrolled each year, making it a large public school in the state. It’s one of the top-rated universities in the country and has produced several Nobel Prize winners.

Not only is it a great college, but the city of Santa Barbara is also top-notch. Renters will enjoy amazing beaches, breathtaking cliff-side views, endless trails and walking paths and good weather almost all year long.

People living in Santa Barbara talk about the sense of community they feel living here. You’ll enjoy a close-knit community in one of the most gorgeous beach-side cities in California. Rent ranges from $2,400 to $3,200 in Santa Barbara.

9. San Diego

san diego, california

san diego, california

San Diego State University is a public university located in San Diego. The school population is large with more than 35,000 students. Living in this college town near campus, you’ll be surrounded by students who are eager to learn and cheer on the basketball team, the Aztecs. Another college located in this city is the University of San Diego.

Living in San Diego comes with perks, too. You’ll be located near the beach and can visit the famous San Diego Zoo. If that’s not your thing, you can enjoy great seafood, try a new coffee shop or go whale watching, hiking or biking. Renters can expect to pay between $2,300 and $3,400 in rent, but prices may vary for on-campus housing. San Diego is one of the best places to live in California.

10. Claremont

homes in claremont, california

homes in claremont, california

Claremont is a great California college town and is home to Pomona College, a small, liberal arts college. With a small student body of 2,000 students, residents of Claremont can live close to the college campus without having the overwhelming number of students that other state schools have.

Living in Claremont you’ll have a suburban feel and are friendly with your neighbors, but L.A. is only 35 miles away so you have quick access to a big city, too. Claremont is great for parks, fine arts and food. Rent ranges from $1,600 to $1,900 for one and two-bedroom apartments.

Living near a college town

Like all things, living near a college town has its pros and cons. Pros include lots of housing options, a younger population of eager students, several restaurants and bars and a thriving nightlife. Depending on your perspective, cons can include too many young students and party-goers and potentially worn-down housing from college students residing in them.

However, we can all agree that living in California near a college town, you’ll enjoy the perks of California weather, good food, friendly people and a variety of housing options that fit your needs and budget.

Source: rent.com

7 Reasons Never To Sneak a Pet into Your Apartment

Sneaking an animal into your rental home can have serious financial and emotional consequences.

Whether your pet is a cat, a dog, a bunny or a bird, it’s never a good idea to sneak an unauthorized pet into your apartment if there’s a no pets policy in place. Getting caught by neighbors or during routine maintenance visits can give you several negative consequences to follow. If you want a companion animal as a renter, there are several apartment communities that are pet-friendly.

If you’re eager to adopt a new pet but happen to live in an apartment that does not allow pets, it’s probably best that you start searching for a new property that caters to animals and renters alike. As tempting as it is to quietly sneak the pet into your apartment, it’s never worth the risk.

We’ll highlight all of the reasons why sneaking an unauthorized pet into your rental home is a very bad idea. We don’t want to scare you but we do want to illustrate why it’s best for you and the pet to follow the rules outlined in your lease agreement.

Cute puppy

Cute puppy

Understanding pet rent and pet deposit fees

Some apartment communities allow pets if you pay certain fees. Other apartment complexes strictly forbid pets. If you’ve found a pet-friendly apartment, it’s important to understand the difference between all the fees.

Pet rent

A non-refundable fee that you owe each month on behalf of your pet. The landlord will charge you rent on behalf of your animal. Typically, this ranges between $50 and $100 per pet each month.

Pet deposit fee

A one-time payment is usually collected by the landlord when you sign the lease. Like a security deposit, it’s collected as insurance in case your animal ruins the floors, walls or doors.

These different pet payments will vary and the property manager has the discretion on how much to charge. These are applicable for pet-friendly or pet-tolerant apartments. However, if your apartment complex does not allow any animals, it’s a different story.

Reasons to never sneak a pet into an apartment

When you sneak a pet into the apartment, you’re violating the lease and risking everything from hefty penalties to eviction. Even if you’re tricky and do a great job hiding your pet, if you get caught, you’re in for a world of trouble.

Having an unauthorized pet is not worth the risk for you or the pet itself. Here are some of the things that can happen to tenants who have an unauthorized pet in their home.

Letter charging fines

Letter charging fines

1. You could be charged expensive fines

Depending on the lease agreement, you may owe a fine for sneaking a pet into your place. The landlord can charge tenants a hefty sum, as outlined in the lease. While shelling out unnecessary money isn’t fun, this is one of the less severe consequences of having a cat or dog in your place when the lease doesn’t allow pets.

2. You may lose your security deposit

You may lose some or all of your security deposit if an unauthorized pet damages the structure of the property. For example, if you sneak a dog into your property and the dog scratches the front door, pees on the carpet and chews the walls, you’ll lose your security deposit upon the final inspection. Again, this is a small consequence of having an unauthorized pet on the property.

3. You’re in breach of the contract

When you rent property from a landlord and sign the lease, you’re signing a legally binding agreement. You agree to follow the terms and conditions outlined in the lease. When you disregard the lease, you’re breaking the contract you signed, which can have legal consequences.

If you signed a lease that explicitly stated a no-pet policy, you can’t bring in a dog or other pet into your home, even if you’re just pet-sitting for a family member or friend. Depending on the lease and your landlord, you may owe a fine or face eviction because you breached the contract.

This will also hurt your credibility when it comes to renting future spaces. You don’t want your current landlord to tell a future landlord that you violated the lease. That will never look good on your record or work in your favor.

4. You may have to re-home your pet

You love your new dog dearly and were looking forward to bringing him home with you. But then, Rover wouldn’t stop barking and the neighbors turned you into the landlord for having a pet. If you’re not in a place to switch complexes, your landlord may force you to re-home your pet. That’s a terrible situation for both you and your dog.

Sneaking a pet into your home might cost you your pet. However, you should know that a landlord can’t take your pet from you, but they can evict you if you don’t re-home the animal.

5. You could have to switch apartments quickly

If you’re unwilling to re-home your animal or get a family member to take it, you might have to switch apartments quickly. With short notice, finding a new rental property is expensive, difficult and stressful. You’ll likely be charged fines from your current place and your future landlord will want rental application fees along with the first and last month’s rent. If you’re not in a financial situation to take on these extra expenses, don’t risk it. Also, you’ll be lucky if you’re simply being asked to switch apartments. Some places might even evict you.

Eviction notice

Eviction notice

6. You could potentially be evicted

No renter wants to face eviction. This is a death sentence for renters for several reasons. First, you’ll have to immediately find a new property to rent. Second, eviction looks terrible on your rental and credit report and may make it difficult to even find a new place to call home. And third, you may still have to dole out monthly rent for the old place if you signed a year lease. If you break the terms of the rental agreement, your landlord has the legal right to evict you.

7. You could be sued for unpaid rent

If you broke the rental agreement and are therefore evicted, you could still be legally responsible for unpaid rent. Rental management may sue you for the remainder of your unpaid rent. For example, if you’re evicted six months into your 12-month rental agreement, you could legally be on the hook for those last six months’ worth of rent. On top of legal fees, this could cost you a hefty sum.

How to bring your pet into your apartment the right way

If you’re an animal person and want a pet, then make sure you bring your cat or dog into the apartment the right way. As an animal lover and renter, make sure you’re searching for pet-friendly apartments and that you fully understand the terms of your lease agreement so you aren’t in violation of it. You can have your pet (and walk it, too) by talking to your landlord and following the rules.

Source: rent.com

The Cheapest Neighborhoods in New Orleans for Renters in 2022

The French Quarter is great and all, but these neighborhoods won’t break the bank.

New Orleans is an exciting place to live. A major tourist destination, you can probably guess which neighborhood is the most expensive — but where are the cheapest neighborhoods in New Orleans and what makes them special?

Check out the cheapest neighborhoods and apartments in New Orleans.

What is the average rent in New Orleans?

The average rent for a two-bedroom apartment in New Orleans is $2,311.

The 10 most affordable neighborhoods in New Orleans

Gorgeous and varying styles of architecture, rich culture and location are all major amenities of NOLA’s least expensive neighborhoods.

Though a few of these neighborhoods are completely new to non-residents, the neighborhoods below are some of the most distinct and historical in the city.

10. Medical District

Medical District

Medical District

SOURCE: RENT.COM/CANAL
  • Average 2-BR rent: $2,861
  • Rent change since 2021: +0.06%

The Medical District is in the heart of NOLA. Galleries and museums are a short distance away for culture-lovers, and some of the best restaurants in town are in this neighborhood.

The Medical District is where the Tulane University Medical School, School of Public Health and Louisiana State University are all located. There are various other medical institutions in the neighborhood, too, making it ideal for medical students, staff and professionals.

The Medical District has condos and high rises, but gorgeous brick buildings, as well. Many have beautiful detailing and quirky features that give the area a refreshing personality.

Lured by the fantastic location, you’ll find more than those who work in the medical industry in the area, however. Located within walking distance of the French Quarter, Superdome and Smoothie King Center, apartments in the Medical District are near the best nightlife and events.

9. Central Business District

Central Business District, one of the cheapest neighborhoods in New Orleans.

Central Business District, one of the cheapest neighborhoods in New Orleans.

SOURCE: RENT.COM/FOUR WINDS NOLA
  • Average 2-BR rent: $2,848
  • Rent change since 2021: -0.58%

Central Business District is the city’s “Downtown,” as this is the area where glass skyscrapers and office buildings are. That being said, the Central Business District (CBD) does have its share of architecture from the 19th century that’s well-preserved.

There are endless options for entertainment in CBD, matching the energetic and exciting vibe of the neighborhood. For kids, the Louisiana Children’s Museum and the Audubon Insectarium are instant favorites. Adults can enjoy Broadway shows and concerts hosted at the Saenger, while Orpheum provides more innovative and unique performances.

If there’s one thing it’s impossible to do in the Central Business District, it’s to eat at every restaurant. Foodies might give it a try, but the sheer amount of delicious eateries on one block is staggering.

Perfect for high-energy families, professionals and kids, Central Business District apartments are close to everything you need.

8. Faubourg Lafayette

Faubourg Lafayette

Faubourg Lafayette

SOURCE: RENT.COM/THE MUSES APARTMENT HOMES
  • Average 2-BR rent: $2,592
  • Rent change since 2021: N/A

If you’re looking for an up-and-coming neighborhood with tons of amenities, look no further. Centrally located, Faubourg Lafayette connects to some of the most popular neighborhoods, has accessible public transit and is only a 10-minute walk to the Superdome.

One of the great African American neighborhoods in the city, the Ashe Cultural Arts Center is a great place to learn about the arts of the African diaspora. Along St. Charles Avenue, you’ll find some of the most delicious Mexican, Southern and seafood dishes.

Non-profits and cultural arts are revitalizing the neighborhood, drawing young professionals and families to its lively streets. With all the interest and development this neighborhood is quickly becoming one of the hippest places to live in the area, but for now, apartments in Faubourg Lafayette are still some of the most affordable.

7. Central City

Central City, one of the cheapest neighborhoods in New Orleans.

Central City, one of the cheapest neighborhoods in New Orleans.

SOURCE: RENT.COM/1643 JOSEPHINE
  • Average 2-BR rent: $2,592
  • Rent change since 2021: N/A

Located smack in the middle of the Central Business District and Garden Districts, when you live in Central City, you can do just about everything on foot.

The neighborhood is a hodgepodge of architecture, though seemingly odd is actually Central City’s rich history on full display. You’ll find shotgun homes — built for an influx of migrant workers — in every direction, architectural gems next to vacant lots and 20th-century apartments in Central City.

Oretha Castle Haley Blvd is a major area of the neighborhood and is where the Central City Festival takes place. It also has some of the best restaurants and cafés to visit, not to mention the art centers and museums. As more investment returns into the neighborhood, the growth will continue to attract new people.

It’s no surprise if you haven’t heard of Central City — many tourists haven’t — but that hasn’t stopped this neighborhood, and the interest in it, from continuing to thrive.

6. Lower Garden District

Lower Garden District

Lower Garden District

SOURCE: RENT.COM/DELANEAUX
  • Average 2-BR rent: $2,485
  • Rent change since 2021: +1.91%

Famous for Magazine Street, the Lower Garden District is known for having a million things to do. Whether you’re hanging out at the trendiest new bar or taking in an art exhibit, the options are endless.

Despite the number of boutiques, restaurants and shops located in the Lower Garden District, it’s a neighborhood above all else. This historic area is an eclectic community that features some of the best architecture New Orleans has to offer. From mansions to condos and townhouses, there’s something for families, professionals, couples and everyone else.

Lower Garden District is also great if you love the outdoors. Coliseum Square, a park known for its beautifully preserved and vast amount of green space, is at the center of the city.

A neighborhood that’s full of culture, interesting neighbors and spellbinding old streets, architectural gems aren’t the only thing you’re sure to find here.

5. Mid-City

Mid-City, one of the cheapest neighborhoods in New Orleans.

Mid-City, one of the cheapest neighborhoods in New Orleans.

SOURCE: RENT.COM/AMERICAN CAN APARTMENTS
  • Average 2-BR rent: $2,254
  • Rent change since 2021: -5.03%

Not only is Mid-City one of the cheapest neighborhoods in New Orleans, but it’s also one of the coolest, too. Without as many tourist attractions as other areas, Mid-City’s economic livelihood relies heavily on local clientele, giving the neighborhood a unique identity.

Mid-City, once the swampy back part of town, now attracts younger people with its diversity, an array of bars and restaurants and quirky local feel. Residents live in historic homes, many of which still have cypress cabinetry and other original architectural features.

Public transit goes throughout the neighborhood, connecting to Uptown and Gentilly, as well as the Canal Street streetcar. Centrally located, when you live in Mid-City, you’re only 10–15 minutes away from everything in New Orleans.

With quick access to outdoor recreational spaces and major commercial corridors that attract residents throughout the city, apartments in Mid-City provide a fusion of spacious Uptown living and the urban vibes of downtown.

4. Fairgrounds

The Esplanade at City Park

The Esplanade at City Park

SOURCE: RENT.COM/THE ESPLANADE AT CITY PARK
  • Average 2-BR rent: $1,831
  • Rent change since 2021: +3.6%

Fairgrounds is famous to tourists for the Fair Grounds Race Course — the namesake of the neighborhood — and the New Orleans Jazz Festival, but only true NOLA locals know how much it has to offer.

Predominantly a residential neighborhood, Fairgrounds oozes with the laid-back NOLA charm its long been known for, yet, surprisingly, bursts with life. Residents living in Fairgrounds apartments enjoy easy access to City Park and the New Orleans Museum of Art, as well as a central location within the city.

Bordered by the waterway, Bayou St. John, residents have access to a variety of outdoor activities along the bayou, as well as many local bars, restaurants and boutiques to explore. Designed for travel, the neighborhood’s streets are pedestrian- and biker-friendly, making a day out in the neighborhood fun and easy.

As one of the cheapest places to live in New Orleans, you’ll get much more from this area than you imagined.

3. Gert Town

Gert Town, one of the cheapest neighborhoods in New Orleans.

Gert Town, one of the cheapest neighborhoods in New Orleans.

SOURCE: RENT.COM/PARKWAY APARTMENTS
  • Average 2-BR rent: $1,788
  • Rent change since 2021: -1.11%

Often overlooked, Gert Town is a diverse slice of New Orleans quietly tucked away near the heart of the city. A blend of urban and academia, Gert Town is home to the sprawling campus of Xavier University and the Coca-Cola Bottling Plant. As more and more people have found their way to one of the most affordable neighborhoods in New Orleans, the secret has gotten out.

The neighborhood is now going through its own Renaissance of sorts, with developers adding new retailers, homes and apartments in Gert Town. The old Blue Plate building is now filled with artist lofts, and specialty businesses — including a craft brewery, wine shop and chocolatier that now call Gert Town home.

In addition to the converted industrial buildings and new shopping, renters get to enjoy some of the most delicious and diverse bakeries and restaurants, too. As the community continues to steadily redevelop and reengage the community, Gert Town’s hidden treasures will soon be city favorites.

2. Algiers

Algiers

Algiers

SOURCE: RENT.COM/RIVERVIEW VILLA
  • Average 2-BR rent: $1,292
  • Rent change since 2021: +1.31%

Algiers is a tight-knit community with a suburban feel — perfect for those who enjoy a slower pace and knowing their neighbors’ names. Sitting on the Mississippi River’s West Bank, this historical neighborhood is the second oldest in the city and one of the cheapest neighborhoods in New Orleans.

Residents enjoy walking or biking the levee paths and taking in the gorgeous sunsets along the river, but residents can also head to the Lakewood Golf Course or Park Timbers for tennis.

While walkability isn’t its strong suit, renters living in Algiers have larger apartments and yards, stylish architecture and are only a ferry ride from the French Quarter, where all the action in the city takes place. Thanks to strong interest, the neighborhood is developing quickly with restaurants, cafés, bars and grocery stores popping up.

One of the cheapest neighborhoods in New Orleans, apartments in Algiers offer similar amenities and quality of living found in Uptown but with an unmatched community appeal.

1. Old Aurora

Old Aurora, the cheapest neighborhood in New Orleans.

Old Aurora, the cheapest neighborhood in New Orleans.

Source: Rent.com/Forest Isle Apartments
  • Average 2-BR rent: $1,292
  • Rent change since 2021: +1.31%

There’s getting away from the hustle and bustle of the city, and then there’s Old Aurora. Tucked further inland on the other side of the Mississippi River, Old Aurora is not the fastest commute to the French Quarter’s nightlife, but the residents that call this neighborhood home like it that way.

It’s easy to forget you’re in the Big Easy when you walk Old Aurora. With streets lined with oak trees, friendly neighbors and the distinct sound of quiet, the neighbors love it for its residential feel, diverse population, good schools and safety. Old Aurora is ideal for retirees, couples and raising kids.

Compared to other neighborhoods, apartments in Old Aurora are more spacious and come with a smaller price tag. Along with some of the most affordable rent prices, you’ll also have brilliant views of NOLA’s skyline and river-front shopping, outdoor activities and nightlife.

The most expensive neighborhood in New Orleans

NOLA’s crown jewel, the French Quarter, is world-famous for intoxicating tourists with its alluring charm and picturesque streets. For residents living in the center of the action, however, the French Quarter is about convenience.

Bourbon Street is iconic for its music venues, bars and nightlife in general. It’s also home to elite fine dining establishments that keep tourists packing the neighborhood’s streets.

The rent for a two-bedroom apartment in the French Quarter is $3,242 with a 5.91 percent increase in rent over the past year.

If you’ve fallen in love with this neighborhood and want to live here, finding parking may drive you crazy, but you can reach some pretty amazing places by foot or bike.

Find an affordable neighborhood for your next apartment

Affordable, stylish apartments for rent in New Orleans are easy to find once you know where to look. The cheapest neighborhoods in New Orleans offer great amenities, walkability and history that only add to the city’s already welcoming atmosphere.

Rent prices are based on a rolling weighted average from Rent.com’s multifamily rental property inventory as of January 2022. Our team uses a weighted average formula that more accurately represents price availability for each 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.

Source: rent.com

The Best Apartments in Miami in 2022

It’s tough to tell what’s a resort and what’s not in Miami, so equipped are the apartment communities with amenities most people expect only on vacation.

Any renter who wants every regular day to feel like they’re at a Sandals resort should make haste to Miami, where crystal-clear rooftop pools, maxed-out fitness centers, beach access and such are the norm in many communities. Of course, some of these properties come with pretty steep price tags, as there’s a wide cost of living range in Miami, not to mention many neighborhoods to choose from. However, it’s still totally possible to compromise here and there to get the unit of your dreams, even if it means a rental further away from the action.

This list of the 25 best apartment communities is a great way to begin any search for the perfect rental in Magic City. Get those flip-flops and bikinis ready — Bienvenido a Miami!

Source: Rent.com/850 Living

Kicking off our list of the best apartments in Miami is the swank community of 850 Living, a brand-new “urban development” designed as an oasis right in the heart of Miami’s hustle and bustle. The property’s 70-foot, zero-entry pool is a stunner for sure, as is the fitness center complete with a spin room. Quartz countertops grace the kitchens and bathrooms of each luxe unit.

The neighborhood is also a serious perk to life in 850 Living, as it’s steps away from all types of restaurants, shopping, green spaces, entertainment and so on. The airport is also a scant two miles away, so it’s perfect for frequent travelers! The Magic City Casino, Grapeland Water Park and the University of Miami are also just around the corner.

Source: Rent.com/Sunset Apartments

Smack in the heart of Kendall, a hot suburb only minutes from Miami, is the community of Sunset Apartments. Many Miami locals choose to settle here because it’s close to everything at a fraction of the cost, plus, it boasts excellent schools and proximity to all the major roadways.

The community also has a decidedly Floridian feel to it with its architecture, lush tropical greenery and sparkling pool on site.

Source: Rent.com/Gio Midtown

Arguably the most dog-friendly community on our list, Gio Midtown has a full spate of pooch-related amenities. Furry friends enjoy the dog lounge, dog spa and outdoor dog turf run, all on-site! Gio Midtown also has electric car charging stations, keyless entry, a “salt room,” and even a meditation garden. Points for creativity, right?

Since the design of the overall property is “mid-century modern,” the sleek aesthetic of the spaces is fresh, clean and updated to the -nth degree. This is so appropriate, given the fact that it’s located in Midtown, arguably one of the hottest neighborhoods in Miami right now.

Source: Rent.com/Vista Verde at Deerwood

Found in suburban Miami right near the Miami Zoo, Vista Verde at Deerwood welcomes people of all cultures and persuasions. This community is particularly great for families, thanks to the on-site “tot lot,” pool and picnic area. Pets are also welcome at this attractive property, which is fabulous for dog-lovers because that’s not the case everywhere!

Renters also enjoy a volleyball court, tennis court, fitness center and balconies/patios in every unit. The community also hosts monthly events so that tenants can mix and mingle with each other.

Source: Rent.com/Waterford Point

The totally updated property at Waterford Point has all types of unit options, including studios, townhomes and standard apartments. The property has the amenities one would expect of a Miami apartment, including two pools and spas, a fitness center and even a steam room! Select units even have dual master suites, for those roomies who need a little extra breathing room.

Located in the quaint suburb of Kendall, Waterford Point nonetheless offers enviable access to Miami’s businesses and nightlife, but at a more affordable price point.

Source: Rent.com/Waterford Landing

Waterford Landing is an excellent option for the budget-conscious renter who still wants to enjoy some pretty sweet amenities. The homey property features two lighted tennis courts, an indoor racquetball court, two swimming pools and two spas. The beautifully landscaped community is also ideally situated near the Florida Turnpike, a serious bonus for commuters. Full-sized washers and dryers in each unit (except studios, but they have access to a free laundry facility) are much appreciated by residents. Units have been recently remodeled and renovated, so they’re practically brand-new!

Source: Rent.com/Kings Colony Apartments

Just west of Miami near the Florida Everglades, Kings Colony has an impressive array of amenities not found in many other properties. For example, the car wash area and door-to-door valet trash service alone are reasons enough to sign a lease! This smoke-free living community is also equipped with smart home technology and attractive white shaker cabinets.

There are plenty of fun things to do on the property, as well, with two indoor racquetball courts and two swimming pools available to residents and guests. Although they allow cats and dogs on the property, certain dogs with “aggressive tendencies” aren’t allowed, so look into that before moving in with your German Shepherd or Rottweiler.

Source: Rent.com/Biscayne Bay

Next on our list of the best apartments in Miami is the perfect community for people who long for bay views. Look no further, as 22 Biscayne Bay offers this amenity in every unit. This 14-floor tower is conveniently situated only 10 minutes from South Beach and 5 minutes from Downtown.

Like most high-rises in the area, it sports a luxe pool, total fitness center and luxury appliances in all units. Covered parking for residents is another major bonus, although virtually everything a renter needs is within walking distance!

Source: Rent.com/CORE

Created with aesthetics top of mind, CORE is the sister tower to nearby CASCADE. Both buildings are architectural knockouts, with “architectural elements running diagonally down the facade,” per the property’s site. The units have a decidedly modern, urban vibe, and the entire property is liberally sprinkled with unconventional, fresh touches like modern art, designer lighting features and attractive patterns laid into the floor.

The rooftop pool, complete with cabanas, grilling stations and ridiculous views, is a chill way to spend the days and nights. Many locals also hop on over to any of the area’s numerous greenspaces to picnic or stretch their legs. Back at the property, there’s even an on-site family grocer for residents to stock up on mouth-watering fresh fruits and vegetables!

Source: Rent.com/Terrazas River Park Village Apartments

The stunning pool surrounded by tanning chairs isn’t the very best thing at Terrazas River Park Village Apartments, but it’s close. Located on a property with gorgeous, mature trees, this community offers leases that range from seven to 12 months in duration and is pet-friendly. Each tenant gets a parking space, so a place to park the car is never an issue. Access to the hot tub, as well as in-unit balconies and washer/dryer, make it an ultra-convenient place to call home. Although slightly inland and thus, a bit further from South Beach, this community is just a short walk from the Miami River.

Source: Rent.com/Skyview

Stunning views of the waterfront are virtually everywhere on this property, located on 22nd Street in the desirable Edgewater neighborhood of Miami. Skyview tenants often move there to get in the mix of everything related to Miami, as it’s close to so many local attractions. Each unit comes with brand-name appliances in a fully-equipped kitchen. Residents love to work up a sweat in an up-to-date fitness center, followed by time in the lap pool or Jacuzzi on-site.

Source: Rent.com/Oak Plaza

With 156 units, Oak Plaza is just the right size for those who want to avoid mega-Miami living. This pet-friendly property is ideal for people who work at or otherwise require access to the local healthcare facilities. In fact, it’s very close to the Miami Health System campus, the VA hospital and Jackson Memorial Hospital.

Residents also enjoy super close proximity to LoanDepot Park, home of the Miami Marlins baseball team. The sparkling pool, up-to-date fitness center and stunning views are the icings on the cake of this community.

Source: Rent.com/Pinnacle Square

A smidge further inland, this colorful community is affordable living at its finest. Practically new, residents appreciate the clean and modern feel of this property. Complete with everything a person or family really needs to get by, Pinnacle Square does have some nice extras, like a playground, business center and fitness center. There’s even a community clubhouse and library! Beloved restaurants, like The Citadel and La Santa Taqueria, are just around the corner, perfect for happy hour and such.

Source: Rent.com/Pinnacle Place

Lush with palm trees, Pinnacle Place is a new high-rise community that prides itself on affordability. Renters who’re lucky enough to find an open unit here appreciate its proximity to the Design and Arts District, not to mention all of the local shopping and entertainment.

Although the apartment community doesn’t allow pets, it does offer residents access to 24-hour maintenance, a parking garage, energy-efficient appliances, a fitness center and a children’s playground, among other amenities. Restaurants like CHICA Miami and Sullivan Street Bakery are popular spots for locals to Pinnacle Place.

Source: Rent.com/Centre Lake

Slightly further inland, this Centre Lake is conveniently found near the I-95 expressway. Although this community has something of a fancy name, it has fewer frills than a lot of other apartments on our list. This shows in the rental rates, however, making it one of the more affordable options in the Miami area.

A pet-friendly neighborhood (maximum allowed, two), renters in Centre Lake enjoy a beautifully landscaped courtyard, their own private patio and private unit entry. These ranch-style, single-story apartments also come equipped with standard utilities, and renters have access to additional attic storage.

Source: Rent.com/Residences at the Falls

Renters with children flock to Residences At the Falls because it’s zoned for one of the area’s best school districts. There’s also plenty for kid and adult residents alike to enjoy on the property, including a basketball court, community garden, four tennis courts, plenty of green space and two Olympic-size swimming pools. The community also has 24-hour security on-site, as well as a gated and monitored entrance.

Source: Rent.com/Design Place

Located in the Buena Vista neighborhood of Miami, Design Place oozes charm in all the best ways possible. The carefully tended grounds, colorfully painted buildings and white picket fences lend extra whimsy to this suburban neighborhood. It’s also just a short drive to Miami hotspots like South Beach, Downtown, Brickell and Midtown, but there’s still plenty of entertainment, dining and shopping to enjoy within walking distance.

Units with backyards are available for rent, plus the property has a community garden, cabana-style sundeck, picnic area, sand volleyball court, expansive pool and a poolside cafe.

Source: Rent.com/Gibraltar Apartments

This community is the perfect balance of not too big, but not too small. Located in the Coconut Grove area of Miami, Gibraltar Apartments is relatively new, having started taking occupants only in 2015. It’s delightfully close to Miracle Mile and Coco Walk, as well as the Miami Metro Rail and international airport. The area’s walk score is an impressive 84, making it a pedestrian paradise. No pets here, though, so don’t sign on the dotted line if Fido or Fluffy will pay the price.

Source: Rent.com/Hampton Village Apartments

The last non-high-rise on our list, Hampton Village Apartments are nonetheless just as cute as can be. These units are ideal for people who don’t want to spend a ton of time going up and down in an elevator. Complete with a clubhouse, common area, fitness center and playground, Hampton Village is perfect for renters who don’t want to pay a ton more in rent for amenities they won’t use. With a walk score of 60, the area is not ultra-walkable, but some people do get around on foot when they’re really motivated.

Source: Rent.com/Melody Tower

No doubt Melody Tower gets its name from residents who whistle a happy tune as they come and go from this conveniently located, relatively affordable property. Although it’s not right on the water, it’s only a short walk from beach access. It’s also within walking distance to major Miami attractions, like the Midtown shops, Design District, Brickell City Center and the Adrianne Arsht Center.

Close proximity to major roadways makes it a no-brainer for commuters who don’t want to spend all their time in traffic. The fitness center has everything a gym rat could possibly want, plus the pool and Jacuzzi are the perfect finishing touches.

Source: Rent.com/Miami Plaza

This pet-friendly community boasts 425 units among its 36 stories, not to mention 8,000 square feet of commercial space. Miami Plaza’s crown jewel is likely the stunning lap pool, but residents also take advantage of a state-of-the-art fitness center, business center and multi-level garage with security.

Units also come with oversized formal dining rooms and living rooms, making it extra easy to stretch out at the end of the day. “Fine European cabinetry” adds an extra-special touch to these apartments.

Source: Rent.com/Art Plaza

Apartment living feels more like resort living in this Miami high-rise apartment community. The practically new units have gorgeous hardwood flooring, a balcony/deck, stainless steel appliances and much more. The smoke-free community also includes a picturesque pool, hot tub, game room, gated access and on-site patrol. Plus, it’s close to just about everything Miami has to offer, whether on foot, by car or on a bicycle.

Source: Rent.com/Downtown 5th

Smack in the city center are the units of Downtown 5th, billed as “brand new luxury rental apartments.” This area of Miami is especially known for being extremely walkable, close to public transit options and bikeable, to boot! It’s also surrounded on all sides by amazing entertainment options and arts/culture opportunities. Not to mention, of course, the fact that it’s a hop, skip and a bike ride from the sandy white beaches that Miami is known for. It also butts right up to the Wolfson Campus of Miami Dade College, giving the area a decidedly youthful vibe.

Source: Rent.com/Square Station

Location is what makes the community of Square Station extra special. Only a 10-minute drive from both Miami Beach and Miami International Airport, Square Station is ideal for people who don’t like to waste a lot of time in the car. It’s also within walking distance of major local attractions, like American Airlines Arena, the Perez Art Museum Miami (The PAMM) and the local science museum.

While resting on the property, residents enjoy the onsite 80-foot lap pool, fitness center and panoramic views of the coast. This gated community also features covered parking, always a plus during those hot Miami summers.

Source: Rent.com/Panorama Tower

It doesn’t get much more Miami than Panorama Tower! This stunning high-rise is pricey, but worth it if what you’re after is Miami-luxe. With ocean views and sunset pools to take it all in from, this property boasts the most impressive spate of amenities in Miami, possibly the world. Among other high-end amenities, Panorama Tower residents and their guests can enjoy the billiards room, children’s playroom, onsite dry cleaner, high-tech fitness center, interactive splash pool, interactive golf simulator, pet spa, pet hotel, three private movie theaters, two social lounges and much more without ever leaving the property.

The best apartments in Miami

Miami, when done right, feels like a permanent vacation. If this sounds like a good fit for you, check out our search tool to find apartments for rent in Miami. There’s something out there to suit the budget, location and amenity needs of even the choosiest would-be resident!

We looked at all available multifamily rental property inventory from January to June 2021 on Rent.com to determine which properties with a [city] mailing address are most viewed by organic internet searches. The information included in this article is used for illustrative purposes only. The data contained herein does not constitute financial advice, availability or a pricing guarantee for any apartment.

Source: rent.com

The Cheapest Neighborhoods in Las Vegas for Renters in 2022

Come for the fun, and stay because you just can’t leave!

If you want to have some adult fun, Las Vegas is the place to go! But many people are looking for something a bit more permanent and are choosing to turn this city into the place they call home. In fact, it’s one of the fastest-growing cities with an annual average growth rate of 1.21 percent. In the past 10 years, the population has grown nearly 16 percent.

It’s no wonder why so many people want to move here. A New York Times article recently reported that Nevada is one of the top destinations for Californians trying to escape the high cost of living on the West Coast.

While the cost of living in Las Vegas isn’t one of the lowest in the country, it’s still significantly lower than on the West and East coasts. And you’ll find that even the cheapest neighborhoods in Las Vegas have some beautiful apartments that just might fit all your needs!

What is the average rent in Las Vegas?

The average cost of a two-bedroom apartment for rent in Las Vegas is $1,847 per month. Rent prices rose by nearly nine percent over the past 12 months.

While no one likes a price hike, some renters might find comfort in the fact that this rent increase is one of the lower increases. Many neighborhoods across the country had 15, 25 or 30 percent increases. Salt Lake City, UT, saw a rise of over 40 percent, while New York City prices rose nearly 50 percent.

Thankfully, this is just an average, which means there are plenty of cheaper neighborhoods in Las Vegas where you can find apartments that won’t break the bank.

The 10 most affordable neighborhoods in Las Vegas

If you’re on a tight budget, apartment hunting can seem daunting. Thankfully, we have you covered! Here are some of the cheapest neighborhoods in Las Vegas and why you should consider checking them out.

10. Southeast Las Vegas

Southeast Las Vegas

Southeast Las Vegas

  • Average 2-BR rent: $2,162
  • Rent change since 2021: +112.78%

Despite having the second-highest increase of the 15 neighborhoods we evaluated, Southeast Las Vegas is still one of the most affordable neighborhoods in Las Vegas.

There are some fun attractions in the area, like The Neon Museum, a non-profit organization started in the mid-90s to preserve something Las Vegas uses extensively, the neon light.

If you’re a nature-lover, you’ll be happy to know that Springs Preserve is right within the boundaries of your neighborhood. This 180-acre institution features botanical gardens and an interpretive trail system that takes you through scenic wetlands. The Preserve also hosts outdoor events (like amazing concerts) and is also home to several museums and galleries.

9. The Canyons

The Canyons

The Canyons

  • Average 2-BR rent: $2,108
  • Rent change since 2021: +41.44%

The Canyons is a residential neighborhood home to young professionals and retirees. Not many families live in the area, which means the neighborhood is relatively calm and quiet. The average commute takes approximately 25 minutes. Nearly everyone owns a vehicle because public transit in the area isn’t that great. Thankfully, it’s one of the cheapest neighborhoods in Las Vegas, so you’re better able to afford to own a vehicle.

Nearby is the Chamberlain University College of Nursing, an accredited, three-year nursing school with a 97 percent National Council Licensure Examination (NCLEX®) first-time pass rate. Thankfully, since this is one of the most affordable neighborhoods in Las Vegas, students can focus more on their studies and less on rental rates.

8. Peccole Ranch

Peccole Ranch

Peccole Ranch

Source: Rent.com/The Avondale
  • Average 2-BR rent: $1,929
  • Rent change since 2021: +39.30%

Parents looking for highly-rated public schools in the area should visit the Peccole Ranch neighborhood. The area has a good mix of families, retirees and young professionals. A slight majority of residents rent properties, which means there’s a variety of homes in the area, including single-family homes with yards and garages, as well as townhouses, condos and apartment complexes.

In addition to having some of the best schools in the city, Peccole Ranch is one of the cheapest places to live in Las Vegas — a win-win for parents!

Residents enjoy daily walks along the Paseos walking paths, which are great for exercise or just to enjoy the beauty of the area.

7. Lone Mountain

Lone Mountain

Lone Mountain

  • Average 2-BR rent: $1,828
  • Rent change since 2021: +39.17%

Lone Mountain is one of the top-rated neighborhoods in Las Vegas, in part due to its proximity to Downtown Las Vegas and the North Las Vegas Airport.

You’ll find two parks in the area that just might become your home away from home. In addition to the usual park amenities (picnic pavilions and playgrounds), Lone Mountain Regional Park also has walking trails and an equestrian center. The other park in the area is Majestic Park. This park has plenty of open space for frisbee, soccer and playing with your kids and pets. The park also has picnic areas, softball fields and playgrounds.

Though the area has a higher cost of living than the national average, Lone Mountain is still one of the cheapest neighborhoods in Las Vegas.

6. Centennial Hills

Centennial Hills

Centennial Hills

  • Average 2-BR rent: $1,711
  • Rent change since 2021: +22.48%

Centennial Hills has diverse home options, so there’s something for everyone. If you like townhomes, this neighborhood has them. If you prefer apartments or condos, you’ll find them here, too. Of course, there are also single-family homes, new construction, vacant lots for custom homes and resale properties, as well.

Because the community is growing, businesses are starting to move into the area, increasing growth. In addition to some locally owned businesses, you’ll also find well-known, national stores like Trader Joe’s. Because of this, there are more jobs in the neighborhood, and it’s easier for locals to run errands and get their daily essentials.

One of the perks of this neighborhood is that it’s not close to The Strip. The benefit of living about 30 miles from Downtown is that the Centennial Hills is more tranquil than communities closer to Las Vegas. It also means that Centennial Hills is one of the most affordable neighborhoods in Las Vegas.

5. Southwest Las Vegas

Southwest Las Vegas

Southwest Las Vegas

  • Average 2-BR rent: $1,688
  • Rent change since 2021: +33.72%

For those who want to live in a large community, we recommend checking out Southwest Las Vegas. It’s one of the largest areas in the entire Las Vegas Valley. Though it’s close to The Strip, it’s still far enough away to stay safe and to keep its rustic charm and rural character.

Despite its proximity to The Strip and Downtown Las Vegas, home and rental prices in the area are quite low, making this one of the cheapest neighborhoods in Las Vegas. If you’re a fan of Mediterranean-style homes, you’ll find lots of eye candy in the area, with stucco and red tile roofs in abundance.

Close to the I-15, it’s an easy commute from Southwest Las Vegas to other parts of the city. While there are some bus routes — as well as Lyft and Uber drivers — in the area, most residents prefer to own a vehicle.

4. The Section Seven

The Section Seven

The Section Seven

Source: Rent.com/Breakers
  • Average 2-BR rent: $1,547
  • Rent change since 2021: +23.53%

The Section Seven neighborhood is ideal for people who want close proximity to City Center but like suburban living. The residential community has apartment complexes, in addition to single-family residences. Apartments in The Section Seven are affordable yet have all the modern conveniences and amenities you could want.

The neighborhood is in close proximity to plenty of entertainment, shopping, dining and employment opportunities. The area is also close to freeways, making the commute faster and easier. You’ll find beautiful walking trails nearby, too.

Residents appreciate the strong sense of community in the area with plenty of community activities, like movies in the park.

3. Canyon Gate

Canyon Gate

Canyon Gate

Source: Rent.com/Shelter Cove
  • Average 2-BR rent: $1,425
  • Rent change since 2021: +24.32%

Young professionals make up the majority of residents in Canyon Gate, and there’s a 50/50 split between renters and homeowners.

The neighborhood is nearly 12 miles southwest of Downtown Las Vegas, and most residents have a 20-30 minute commute to work or to go shopping.

One of the reasons Canyon Gate is one of the cheapest neighborhoods in Las Vegas is that it has a dense, suburban vibe. It consists primarily of residential communities, small shopping centers and locally owned businesses. It doesn’t have quite as many amenities as more urban neighborhoods. And yet, that’s something that residents appreciate because it makes the community feel safer and more tranquil.

2. Rancho Oakey

Rancho Oakey

Rancho Oakey

Source: Rent.com/The Neon Apartments
  • Average 2-BR rent: $1,365
  • Rent change since 2021: +6.25%

Located less than four miles from the Las Vegas Strip is the community of Rancho Oakey, which is in the heart of the arts district. Though there are plenty of restaurants, museums and fun nightlife activities, Rancho Oakey doesn’t have the same busy vibe as the Downtown area. And that’s what makes it so popular.

If you’re a lover of the great outdoors, you’ll be happy to know that this neighborhood is close to Springs Preserve. So, you, too, will get to enjoy the trails, botanical gardens, outdoor exhibits and so much more the Preserve has to offer.

1. Twin Lakes

Twin Lakes, the cheapest neighborhood in Las Vegas, NV

Twin Lakes, the cheapest neighborhood in Las Vegas, NV

Source: Rent.com/Solstice
  • Average 2-BR rent: $947
  • Rent change since 2021: 0%

Of all the cheapest neighborhoods in Las Vegas, Twin Lakes is the most affordable. The cost of living in Twin Lakes is less than the Las Vegas average and the U.S. average.

Residents in the area say the neighborhood makes it easy to run errands on foot — like going to convenience stores or the post office. It’s also close to the Interstate, which makes it easy to get to Downtown Las Vegas and restaurants and attractions in the area.

Locals say they like that Twin Lakes is a pretty neighborhood with very friendly neighbors.

The most expensive neighborhood in Las Vegas

We’ve looked at the cheapest neighborhoods in Las Vegas, but what about the most expensive? Is it really out of your budget?

The most expensive neighborhood is East Village. In this community, the average monthly rental rate is $2,975. Rental fees rose in this area by 1.99 percent in the past 12 months, which is one of the lowest rates of all the Las Vegas communities we evaluated.

East Village serves as one of the entrances to Downtown Las Vegas. The community has undergone rejuvenation and renovation projects in recent years, including updating parks and remodeling/reusing old motels for new uses.

Residents like the neighborhood’s proximity to several public transit options. They also like that it’s a quick trip to get to their favorite restaurants, bars and nightlife activities. And even though it’s close to the Downtown area, residents say it’s a quiet area with friendly neighbors.

Find an affordable neighborhood for your next apartment

Finding the ideal apartment is only half the battle when you’re moving to a new area. You also need to know that your apartment is in the best neighborhood for your needs. Things to consider include whether it’s the most affordable neighborhood in Las Vegas and if it’s close to the amenities you need (doctor’s offices, shopping, restaurants, work, etc.).

You can find the best neighborhoods and apartments for rent in Las Vegas with our listings feature. Using our search filters, we can help narrow your search to make finding a rental faster and easier.

Rent prices are based on a rolling weighted average from Rent.com’s multifamily rental property inventory as of January 2022. Our team uses a weighted average formula that more accurately represents price availability for each 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.

Source: rent.com

This is What Landlords Are Really Looking For in Your Rental History

Understanding your rental history will help ensure a smoother experience with a potential landlord.

Before you get the keys to your new apartment or rental home, you can expect your new landlord to conduct a thorough screening process. Most property managers will want to ensure you’re a good tenant. They’re looking for someone who pays rent on time and respects the terms of the rental agreement. In most cases, your potential landlord will check your rental history after you’ve filled out an application form.

Here’s how they get your rental history report, what information appears in it and how you can prepare for this important step in advance.

What is a rental history?

Landlords and property managers won’t just rely on your word when it comes to your status as a good tenant. They’ll use specialized reports about your history. Landlords want to get a clear picture of your rental record to decide whether you get the apartment.

Some key details that will appear include:

  • The addresses of all previous properties you rented
  • Contact information for the landlords or property managers you rented from
  • How long you lived in each rental
  • How much rent you paid
  • Any problems, such as late rent payments, damage to the unit, broken leases, neighbor complaints or an eviction notice
  • Any recommendations from past landlords or property managers

Why do landlords check your rental history?

Apartment managers and landlords evaluate you as a potential renter because they want to see your past record shows you’re trustworthy, financially stable and reliable. They’re looking to confirm whether you would be a good tenant or that you might be a problematic one.

Your rental history report will then be packaged with your rental application form. The landlord can then verify your credit score, employment, income, references and conduct a background check. Once all these documents are in hand, the property manager can check everything and decide whether to rent the apartment to you.

Landlords checking rental history

Landlords checking rental history

How do landlords check your rental history?

Sometimes, landlords ask potential tenants about their rental history and include your answers in the application form. But most of the time, they’ll want to verify the information themselves. To confirm your rent payment history, landlords usually request a rental history report from a private consumer reporting agency that collects information from various sources, such as credit reporting agencies. This report might also include information, such as outstanding rent balances from previous properties, bounced checks or any criminal record.

You’ll probably need to give consent to the landlord or property manager to run a background check. That means signing a tenant information release form for a potential landlord to review your rental history.

How can I check my rental history for free?

You can check your rental history report for free directly from a reporting agency once every 12 months, thanks to the Fair Credit Reporting Act. You can ask the property manager which rental report service they intend to use. You’re entitled to get a report from the company, as well.

It’s a good idea to do this because you’ll have a chance to check if there are any errors in your file and get them corrected. If incorrect information, such as wrong addresses, dates, rent amounts or previous landlord names shows up on your report, that could raise suspicions and you might be turned down for an apartment.

If you find a mistake, you can ask the reporting company in writing to fix it. When reading your report, always keep your landlord’s perspective in mind. For example, if you have a gap in payment history because you moved in with family for a brief time, mention that upfront. This way your landlord won’t wonder about that information when seeing it on your rental history.

An eviction order can prohibit you from renting again.

An eviction order can prohibit you from renting again.

What if you have negative marks on your rental history?

If you already know of potential red flags in your rental history, you can speak to the landlord before submitting your application. Perhaps you were in between jobs at the time but now have steady employment. Maybe you reimbursed your previous landlord but he or she didn’t update that information in the report.

If that’s the case, consider reaching out to your old landlord and asking them to fix the situation by updating the information to the rental report service. Landlords will appreciate your honesty rather than reading about these types of incidents in your report.

What if don’t have a rental history?

For first-time renters, landlords will use other ways to evaluate your potential as a tenant. Instead of requesting a rental history report, they’ll likely run a credit report. They’ll also call your personal references and ask for proof of income, such as pay stubs or tax returns. In some cases, especially if they feel your income isn’t high enough to cover the rent, they could insist on a co-signer for the lease who can guarantee you’ll pay every month.

Do all landlords check my rental history?

Most landlords will request this data since they’re taking the risk of renting to you. It’s best to cooperate and remain straightforward throughout the application process, so the property manager sees no reason to disqualify you.

Don’t rent without knowing what’s on your rental history

It’s important that you learn about your own rental history to avoid any surprises, help you address any potential issues in advance and ensure your information is always up to date. In the end, this is the best way to ensure you’ll be getting those apartment keys.

Source: rent.com