Uncommon Knowledge
Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.
Arizona’s sun-drenched landscapes and iconic deserts provide a stunning backdrop for renters seeking adventure and opportunity. Whether you’re drawn to the dynamic energy of Phoenix or the educational richness of Tempe, Arizona boasts an array of attractions that make it an enticing place to call home. Yet, living in Arizona isn’t without its challenges. In this ApartmentGuide article, we’ll delve into both the pros and cons of living in Arizona, offering valuable insights to help you navigate life in the “Land of the Sun.”
Population | 7,431,344 |
Avg. studio rent | $805 per month |
Avg. one-bedroom rent | $1,016 per month |
Avg. two-bedroom rent | $1,262 per month |
Most affordable cities to rent in Arizona | Kingman, Sierra Vista, Yuma |
Most walkable cities in Arizona | Tempe, Tucson, Phoenix |
Arizona’s rich cultural heritage is evident in its vibrant Native American communities, historic towns, and Spanish colonial architecture. The state is home to numerous cultural festivals, museums, and galleries that showcase its diverse history and traditions. For example, the Heard Museum in Phoenix offers an unparalleled collection of Native American art and artifacts.
Arizona is known for its extreme heat, especially during the summer months when temperatures can soar above 100 degrees Fahrenheit. This can lead to increased energy bills due to air conditioning and potential health risks. Cities like Phoenix and Tucson experience some of the highest temperatures.
The state boasts an array of natural landscapes, from the awe-inspiring beauty of the Grand Canyon to the mystical red rocks of Sedona. The Grand Canyon, recognized as one of the Seven Natural Wonders of the World, stands as an iconic symbol of Arizona’s unparalleled beauty, drawing millions of visitors annually to explore.
Arizona faces significant challenges with water scarcity due to its desert climate and reliance on the Colorado River. Drought conditions and water management issues can affect daily life and lead to restrictions on water use. This issue is particularly acute in cities like Yuma, which is in one of the driest regions of the state.
Arizona’s economy is growing, with sectors like technology, healthcare, and manufacturing leading the way. The state has become a hub for tech companies, with cities like Phoenix attracting startups and established firms alike. This economic growth has led to job creation and innovation throughout the state.
While Arizona has made strides in improving its transportation infrastructure, traffic congestion can still be a significant issue, especially in larger cities like Mesa. The reliance on cars due to the sprawling urban areas can lead to long commute times and contributes to air pollution.
Arizona offers a relatively affordable cost of living. Housing, groceries, and utilities are generally less expensive, which can be particularly attractive reason to move to the state. Cities like Kingman exemplify Arizona’s affordability where the average rent for a one-bedroom apartment is $695. Buying a house is also favorable where the median sale price in Kingman is $284,000.
Arizona’s dry climate and desert landscape can be challenging for individuals with allergies. Dust storms and pollen can exacerbate respiratory conditions such as asthma. Cities like Tucson experience high pollen count where the top allergens are Mulberry, Juniper and Ash trees.
Arizona offers a plethora of outdoor activities, catering to adventurers and nature enthusiasts alike. From hiking the picturesque trails of the Grand Canyon to exploring the scenic wonders of Sedona’s red rock formations, there’s no shortage of opportunities to immerse oneself in the state’s breathtaking landscapes.
Arizona’s air quality can be a concern, especially in urban areas and during certain times of the year. Factors such as vehicle emissions, industrial activities, and natural events like dust storms contribute to occasional periods of poor air quality, which may pose health risks for sensitive individuals.
Arizona is renowned for its emphasis on health and wellness, attracting visitors and residents alike seeking rejuvenation and relaxation. The state boasts numerous wellness retreats, spas, and fitness centers, offering a wide range of holistic treatments and activities to promote well-being. Whether indulging in yoga sessions amid Sedona’s tranquil red rocks or unwinding at luxury resorts nestled in the Sonoran Desert, Arizona provides abundant opportunities for rejuvenation and self-care.
Arizona faces wildfire risk due to its arid climate, rugged terrain, and occasional periods of high winds. Dry conditions, coupled with lightning strikes or human activities, can spark wildfires that spread rapidly, posing threats to both property and lives.
Methodology : The population data is from the United States Census Bureau, walkable cities are from Walk Score, and rental data is from ApartmentGuide.
Source: apartmentguide.com
Welcome to the charming city of Springfield, where the Ozarks meet urban sophistication. With its picturesque landscapes, lively arts scene, and friendly community, Springfield offers a unique blend of natural beauty and city living. So whether you’re searching for the perfect apartment in Springfield or eyeing a cozy home for rent, you’ve come to the right place.
In this ApartmentGuide article, we’ll cut to the chase, breaking down the pros and cons of moving to Springfield. Let’s get started and see what awaits in this delightful city.
One of the major advantages of living in Springfield is the affordable cost of living. The average rent for apartments in Springfield, is between $775 and $927 in 2024. Residents can enjoy a comfortable lifestyle without breaking the bank, as housing, groceries, and other daily expenses are relatively budget-friendly. This makes Springfield an attractive option for individuals and families looking to stretch their dollars without sacrificing quality of life.
Springfield boasts a rich cultural heritage, with a strong emphasis on the arts, music, and history. The city is home to numerous art galleries, museums, and performance venues, providing ample opportunities for residents to immerse themselves in the local culture. From the Springfield Art Museum to the historic Gillioz Theatre, there’s no shortage of cultural experiences to enjoy in this vibrant community.
For nature enthusiasts, Springfield offers a plethora of outdoor recreational opportunities. With its close proximity to the Ozark Mountains, residents can easily access hiking trails, fishing spots, and camping grounds. The city also features beautiful parks and green spaces. Such as Nathanael Greene/Close Memorial Park, where locals can enjoy picnics, sports, and leisurely strolls amidst scenic natural surroundings.
Springfield is known for its diverse dining scene, offering a wide array of culinary options to suit every palate. From farm-to-table eateries and international cuisine to food trucks and local diners, residents can indulge in a variety of delicious dishes without having to travel far. The city’s food culture reflects its vibrant community, with a focus on fresh, locally-sourced ingredients and innovative culinary creations.
Residents of Springfield benefit from a strong sense of community, characterized by friendly neighbors, local events, and a welcoming atmosphere. The city’s close-knit neighborhoods and active community organizations foster a supportive environment where individuals can connect, collaborate, and contribute to the overall well-being of the community. Whether it’s volunteering at a local charity or attending a neighborhood block party, there are numerous ways to get involved and build meaningful relationships in Springfield.
Springfield is home to a number of reputable healthcare facilities and medical professionals, ensuring that residents have access to quality healthcare services. From hospitals and clinics to specialized treatment centers, the city’s healthcare infrastructure is well-equipped to meet the diverse needs of its population. This provides peace of mind for individuals, knowing that they can receive reliable medical care within their own community.
With a diverse economy and a range of industries, Springfield offers a thriving job market with opportunities in healthcare, education, manufacturing, and technology. The city’s business-friendly environment and entrepreneurial spirit make it an attractive destination for professionals seeking career growth and stability. Whether it’s starting a new venture or joining an established company, residents can find fulfilling employment options in Springfield.
One of the challenges of living in Springfield is the limited public transportation options. The city’s public transit system is not as extensive as in larger metropolitan areas, which can pose difficulties for residents who rely on alternative modes of transportation. While efforts are being made to improve public transit, individuals may find it challenging to navigate the city without a personal vehicle.
Springfield experiences a wide range of weather conditions. Including hot summers, cold winters, and the occasional severe weather events such as tornadoes. While the changing seasons can be appealing to some, others may find it challenging to adapt to the extreme temperatures and weather fluctuations. It’s important for residents to be prepared for varying climate conditions and to take necessary precautions.
Despite its rich cultural heritage, Springfield has a relatively limited cultural diversity compared to larger cities. This can impact the availability of international cuisines, cultural events, and diverse perspectives within the community. Individuals seeking a more cosmopolitan environment with a wide range of cultural influences may find Springfield’s cultural landscape to be somewhat homogenous in comparison.
As the population of Springfield continues to grow, traffic congestion has become a concern for residents. The city’s road infrastructure is experiencing increased pressure, leading to traffic delays and congestion during peak hours. While efforts are underway to address these issues, individuals commuting within the city may encounter challenges related to traffic flow and transportation efficiency.
For those seeking a vibrant nightlife scene, Springfield may offer limited options compared to larger urban centers. While the city has a variety of bars, pubs, and entertainment venues, the overall nightlife experience may not be as extensive or diverse as in metropolitan areas. Residents looking for a bustling nightlife with a wide range of entertainment choices may find Springfield’s offerings to be more subdued in comparison.
Springfield faces challenges related to educational funding, which can impact the resources and opportunities available to students and educators. The city’s public school system, like many others, grapples with budget constraints and funding issues that may affect the quality of education and extracurricular programs. This is an important consideration for those who prioritize access to high-quality education.
While Springfield offers a thriving job market, individuals seeking extensive professional networking opportunities may find the city’s business community to be more limited. Residents may find the availability of industry-specific networking events, conferences, and professional development resources to be relatively constrained. This can impact individuals looking to expand their professional connections and advance their careers within their chosen fields.
Costs deter buyers The average 30-year-fixed mortgage rate currently stands at 6.82%, well below the 23-year high of almost 8% hit in October, but still more than double the all-time low of 2.65% reached during the pandemic. This has led many prospective homebuyers to delay their purchasing plans, bolstering rental demand and putting upward pressure … [Read more…]
Job recruiters in the South are facing hurdles to attract skilled professionals from the Midwest despite offering competitive compensation packages, according to a Bloomberg report published Friday. That’s because many of these potential hires are locked into super-low 30-year mortgages.
During the fourth quarter of 2023, the proportion of job seekers in the U.S. who relocated for employment dwindled to a mere 1.5%. That marked the lowest level on record, according to a survey by Challenger, Gray & Christmas.
Janet Rivera Jones, founder of Florida-based 5 Star Global Recruitment Partners, told Bloomberg that potential hires who are repaying low-interest mortgages are often reluctant to move unless they’re offered relocation packages that account for the differential in housing costs.
According to an analysis conducted by Bloomberg on data from the Federal Housing Finance Agency, approximately one-fifth of U.S. homeowners carry mortgages with interest rates below 3%, while nearly 35% have rates ranging between 3% and 4%. Current rates for a 30-year fixed mortgage are about 7% and have more than doubled since hitting a historic low point of 2.85% in December 2020.
Meanwhile, the costs associated with employee relocations are on the rise. For mid-level managers, average relocation expenditures in the U.S. last year stood at $78,330 for homeowners and $33,349 for renters, according to data from ARC Relocation, a consultancy that offers employee relocation assistance for federal agencies and corporate clients.
Source: housingwire.com
The Big Apple, New York City, truly has something for everyone – from the bustling streets of Manhattan to the vibrant neighborhoods of Brooklyn. This world-renowned city is home to countless iconic landmarks, from Times Square and Central Park to Madison Square Garden and the Statue of Liberty.
If you’re looking to rent an apartment in New York City, you might be surprised to find that the average rent for a studio is $3,900 and a one-bedroom apartment is $4,770. But don’t worry, we’ve got you covered. ApartmentGuide has compiled a list of the most affordable neighborhoods in New York City to rent this year.
From Lenox Hill to Flatbush, New York City has affordable neighborhoods that fit your budget. The best part is that they’re all under New York City’s average rent for studio and one-bedroom units. Let’s jump in and see what New York City neighborhoods made the list.
1. Lenox Hill
2. Flatbush
3. Washington Heights
4. Northeastern Queens
5. Ridgewood
6. West Bronx
7. East Harlem
8. Bushwick
9. Park Slope
10. Tudor City
11. Prospect Heights
Read on to see what each neighborhood has to offer its residents.
Average studio rent: $2,715
Average 1-bedroom rent: $1,425
Apartments for rent in Lenox Hill
Lenox Hill is the most affordable neighborhood in New York City, as the average rent for a one-bedroom unit is $1,425. There are plenty of reasons to love living in Lenox Hill, from attractions like Central Park and the Frick Collection to green spaces like St. Catherine’s Park. If you’re looking for a taste of the neighborhood, there are a variety of local restaurants to explore, from deli’s and Italian restaurants to trendy pubs and vegan spots. For renters living in New York without a car, there are several subway stations in Lenox Hill.
Average studio rent: $1,900
Average 1-bedroom rent: $2,000
Apartments for rent in Flatbush
Flatbush is a bustling area located in the Brooklyn borough. This affordable neighborhood has lots of attractions such as Prospect Park and the Brooklyn Botanic Garden, giving renters plenty of green spaces to enjoy. There are plenty of transit stops in the neighborhood, making it easy to get into Manhattan. It’s also a walkable area, so make sure to explore the restaurants, shops, and nearby neighborhoods like Kensington and Midwood.
Average studio rent: $1,995
Average 1-bedroom rent: $2,100
Apartments for rent in Washington Heights
With an average one-bedroom rent of $2,100, Washington Heights is the third-most affordable neighborhood in New York. This Manhattan neighborhood is an awesome option to consider as it’s near attractions like Fort Tryon Park, United Palace, and Fort Washington Park. There are also picturesque views of the Hudson River, so this area is great for exploring and enjoying New York. Or, if you’re looking for a fun night out, you can head to nearby Yankee Stadium to watch a game.
Average studio rent: $1,820
Average 1-bedroom rent: $2,145
Apartments for rent in Northeastern Queens
Northeastern Queens is the fourth-most affordable neighborhood in New York. This neighborhood is a great option if you’re looking for New York’s charm without living in the heart of Manhattan. For example, you can easily access the Queens Botanical Garden, Flushing Meadows Corona Park, and the New York Hall of Science.
Average studio rent: $1,587
Average 1-bedroom rent: $2,300
Apartments for rent in Ridgewood
Just about 8 miles from Manhattan, Ridgewood is a stellar neighborhood if you want to rent an apartment. It’s also a great area if you’re living in New York without a car, as Ridgewood has a few subway stops. There are also several beautiful green spaces in the area, like Grover Cleveland Playground. Ridgewood is also home to a variety of restaurants, shops, and cafes like Super Pollo, Topos Bookstore, and Rudy’s Pastry Shop. You can also find the charming Madison–Putnam–60th Place Historic District.
Average studio rent: $1,603
Average 1-bedroom rent: $2,599
Apartments for rent in West Bronx
Next up is West Bronx, the sixth-most affordable neighborhood in New York. West Bronx is full of history and charm with tree-lined streets, historic buildings, and museums, like the Bronx Museum of Arts. This area also has plenty of parks, restaurants, and attractions, so you’ll have lots of explore. Make sure to enjoy the outdoors at Crotona Park, catch a game at Yankees Stadium, or grab a meal at one of the neighborhood restaurants. There’s something for everyone living in West Bronx.
Average studio rent: $2,800
Average 1-bedroom rent: $2,750
Apartments for rent in East Harlem
East Harlem is next on our list, just east of Central Park. East Harlem has a friendly atmosphere and community feeling, with plenty of local cafes and restaurants throughout the area, such as Ricardo Steak House and El Kallejon. You can also check out some of East Harlem’s green spaces, like Thomas Jefferson Park, or visit museums, like El Museo del Barrio, the Graffiti Hall of Fame, and the Museum of the City of New York.
Average studio rent: $2,289
Average 1-bedroom rent: $2,850
Apartments for rent in Bushwick
Bushwick takes the eighth spot on our list of most affordable neighborhoods in New York. The average rent for a one-bedroom unit is roughly $2,000 less than the city’s average, making Bushwick a great option to consider renting in. It’s located in Brooklyn, which means you’ll have the best of city life without living in the city center. This artsy area is home to many art galleries, like the Bushwick Collective, and green spaces, like Maria Hernandez Park and Irving Square Park.
Average studio rent: $2,500
Average 1-bedroom rent: $3,100
Apartments for rent in Park Slope
A well-known New York neighborhood, Park Slope is the next area. In the Brooklyn borough, Park Slope is home to the Old Stone House of Brooklyn and Grand Army Plaza, meaning there’s plenty to do throughout the week. You’ll find there are countless historic brownstones in Park Slope, so make sure to explore the area’s charm. If you need to commute to work, there are lots of options as the 7th Avenue subway station is nearby.
Average studio rent: $2,400
Average 1-bedroom rent: $3,575
Apartments for rent in Tudor City
The tenth-most affordable neighborhood in New York is Tudor City. This area has a vibrant feeling, just blocks from the Empire State Building. You can find parks like Robert Moses Playground and the East River Esplanade, perfect for enjoying a sunny day in New York. Tudor City also events throughout the year at Tudor City Greens, providing residents with lots of opportunities to enjoy their neighborhood.
Average studio rent: $2,201
Average 1-bedroom rent: $4,145
Apartments for rent in Prospect Heights
The final spot on our list of affordable neighborhoods in New York is Prospect Heights. This affordable neighborhood is located north of the popular Prospect Park and is an awesome area if you’re looking for a neighborhood with a charming main street. You can find plenty of cozy cafes and lively restaurants along Vanderbilt Avenue and Flatbush Avenue. Prospect Heights is home to Barclays Center, where you can see concerts and sporting events. It’s also close to parks like Prospect Park and the Brooklyn Museum, so there’s a lot to do in this neighborhood.
Methodology: Affordability based on whether a neighborhood has average studio and 1-bedroom rent prices under the city’s average. Average rental data from Rent.com in 2024.
American renters are fearful that their home-owning aspirations are increasingly getting out of reach, according to a recent survey by the real-estate platform Redfin, amid an environment of high home prices and elevated mortgage rates.
Almost 40 percent of the renters polled told surveyors they did not believe they would own a home of their own, up from 27 percent in a similar survey Redfin conducted in May and June. Part of the struggle for these Americans is that homes are beyond what they can afford. Securing a down payment can prove elusive, and high mortgage rates may discourage them from acquiring property.
Read more: How to Get a Mortgage in 2024
The Redfin survey sampled about 3,000 U.S. residents in February, and its analysis of renters’ expectations came from a 1,000 renters in the poll.
Mortgage rates in particular have stayed elevated over the past six months. After hitting a peak of 8 percent—the highest level since the turn of the century—mortgage rates declined to the mid-6 percent range at the end of the year and into 2024. In recent weeks, however, the cost of home loans have ticked up to above 7 percent, depressing activity in the mortgage market.
On April 11, the 30-year fixed rate rose to almost 7.4 percent, Mortgage News Daily reported, the highest levels since November 2023. The rise follows news that suggests borrowing costs may stay elevated for longer than economists initially anticipated.
High mortgage rates now mean that first-time buyers must earn about $76,000 to afford what the industry describes as a starter home, which is an 8 percent increase from a year ago and almost 100 percent higher than it was before the pandemic, Redfin said. It added that home prices have soared more than 40 percent since 2019, as buyers took advantage of low borrowing costs during the pandemic to acquire houses, increasing demand, escalating competition and pushing up prices.
Read more: Compare Top Mortgage Lenders
“Buying a home has become increasingly out of reach for many Americans due to the one-two punch of high home prices and high mortgage rates,” Redfin wrote.
Renters being unable to buy homes has in turn contributed to increased competition and price jumps in the rental market. The median asking rent is at $2,000 in the U.S., close to the record high it reached in 2022, Redfin said. Still, despite the elevated cost of rent, renting may be a more affordable option than homeownership.
“Housing costs are high across the board, but renting is a more affordable and realistic option for many Americans right now—especially those who have never owned a home and aren’t able to tap into equity from a previous sale,” said Daryl Fairweather, Redfin’s chief economist. “While owning a home is usually a sound long-term investment, the barriers to entry and upfront costs of buying are higher than renting.”
To purchase a house, a buyer would need about $60,000 as a down payment for a home loan, an amount that is out of reach for many Americans.
Fairweather added, “The sheer expense of purchasing a home is causing the American Dream of homeownership to lose some of its shine.”
Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.
Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.
Source: newsweek.com
Welcome to the charming city of Tallahassee, where the sun shines bright, and the Southern hospitality is always in full swing. With its rich history, diverse culture, and stunning natural beauty, Tallahassee offers a unique blend of urban amenities and outdoor adventures. So whether you’re searching for the perfect apartment in Tallahassee or a cozy home for rent, you’ve come to the right place.
In this ApartmentGuide article, we’ll cut to the chase, breaking down the pros and cons of moving to Tallahassee. Let’s get started and see what awaits in the capital city of Florida.
Tallahassee is a haven for outdoor enthusiasts, with its proximity to numerous state parks, nature reserves, and the Apalachicola National Forest. Residents can enjoy hiking, biking, birdwatching, and kayaking in the picturesque surroundings of the city. The mild climate also allows for year-round outdoor recreation, making it an ideal destination for nature lovers.
Tallahassee boasts a rich cultural heritage, evident in its historic architecture, museums, and art galleries. The city is home to the Museum of Florida History, showcasing the state’s diverse history, and the Tallahassee Museum, which offers a glimpse into the region’s natural and cultural heritage. Residents can also explore the vibrant arts scene through local galleries, theaters, and music venues, providing a deep appreciation for the city’s cultural offerings.
Compared to other cities in Florida, Tallahassee offers a more affordable cost of living, making it an attractive option for those seeking a balance between quality of life and expenses. The average rent for apartments in Tallahassee, is between $1,035 and $1,399 in 2024. Housing, groceries, and utilities are relatively affordable, allowing residents to enjoy a comfortable lifestyle without breaking the bank.
Tallahassee fosters a strong sense of community, with its friendly and welcoming atmosphere. Residents can engage in various community events, farmers’ markets, and local gatherings, creating a tight-knit and supportive environment. The city’s emphasis on community involvement and volunteerism further enhances the overall sense of belonging for its residents.
As the capital of Florida, Tallahassee is home to several prestigious educational institutions, including Florida State University and Florida A&M University. This provides residents with access to a wide range of academic and cultural resources, as well as opportunities for lifelong learning and personal growth.
Tallahassee offers a diverse culinary scene, with an array of restaurants, cafes, and food trucks serving up a variety of cuisines. From Southern comfort food to international flavors, residents can indulge in a culinary adventure without leaving the city. The local farmers’ markets also provide access to fresh, locally-sourced ingredients, contributing to the city’s vibrant food culture.
Although not directly on the coast, Tallahassee is within driving distance of several stunning beaches along the Gulf of Mexico. Residents can take day trips to enjoy the sun, sand, and surf at popular spots like St. George Island and Shell Point Beach, making the city an appealing location for beach lovers.
Tallahassee’s public transportation system is relatively limited, with fewer options compared to larger metropolitan areas. With a transit score of 30, this can pose challenges for residents who rely on public transit for their daily commute or prefer not to drive. Potentially leading to transportation issues and longer travel times.
Tallahassee experiences a humid subtropical climate, characterized by hot, humid summers and mild winters. The high humidity levels can be uncomfortable for some residents, especially during the summer months, and may require adjustments in daily routines and activities to cope with the weather.
While Tallahassee is the state capital and home to government institutions and universities, the job market may be limited in certain industries. Residents seeking employment opportunities outside of these sectors may find fewer options available, requiring careful consideration when planning their career paths.
Tallahassee is susceptible to seasonal weather challenges, including the potential for hurricanes and tropical storms during the summer and fall months. Residents need to be prepared for inclement weather and follow safety protocols, which can be a concern for some individuals.
As the city continues to grow, traffic congestion has become a common issue in certain areas of Tallahassee. Commuters may experience delays during peak hours, leading to longer commute times and potential frustration for those navigating the city’s roadways.
While Tallahassee offers cultural and outdoor attractions, some residents may find the entertainment options to be more limited compared to larger cities. The nightlife and live music scene, in particular, may not be as extensive as in other urban centers, requiring residents to seek out alternative forms of entertainment.
Residents of Tallahassee may find that the city has a more limited selection of shopping options compared to larger metropolitan areas. While there are shopping centers and malls, the variety of stores and brands may not be as extensive. Potentially impacting the shopping experience for some individuals.
Welcome to the charming city of Eugene, where the stunning natural beauty of the Pacific Northwest meets a vibrant and eclectic community. With its lush greenery, proximity to outdoor adventures, and a thriving arts and culture scene, Eugene offers a unique blend of urban amenities and outdoor recreation. Residents here enjoy a laid-back lifestyle, with a strong emphasis on sustainability and environmental consciousness. So whether you’re searching for the perfect apartment in Eugene or a cozy home for rent, you’ve come to the right place.
In this ApartmentGuide article, we’ll cut to the chase, breaking down the pros and cons of moving to Eugene. Let’s get started and see what awaits in this nature-lover’s paradise.
Eugene is a haven for outdoor enthusiasts, with its proximity to the Cascade Mountains, the Oregon Coast, and numerous hiking trails. Residents can enjoy activities such as hiking, mountain biking, and kayaking in the beautiful natural surroundings. The city also boasts several parks and green spaces, including Alton Baker Park and Hendricks Park, providing ample opportunities for picnics, birdwatching, and relaxation.
Eugene is known for its commitment to sustainability and eco-friendly practices. The city has a strong focus on recycling, composting, and reducing waste, making it an ideal place for environmentally conscious individuals. Residents can also take advantage of the city’s extensive network of bike paths and public transportation options, promoting a greener way of life.
Eugene has a vibrant arts and culture scene, with numerous galleries, theaters, and music venues showcasing local talent. The city hosts events such as the Eugene Symphony performances, the Oregon Bach Festival, and the First Friday ArtWalk, providing residents with a rich cultural experience. Additionally, the University of Oregon’s influence brings in a diverse range of artistic and intellectual activities to the city.
Eugene is a mecca for craft beer enthusiasts, with a plethora of local breweries and taprooms offering a wide variety of unique and flavorful brews. Residents can explore the city’s beer scene through brewery tours, beer festivals, and tasting events, immersing themselves in the craft beer culture that Eugene is known for.
One of the pros of living in Eugene is its relatively affordable cost of living compared to other cities in Oregon. The average rent for apartments in Eugene, is between $995 and $1,860 in 2024. Housing, groceries, and utilities are generally more budget-friendly, allowing residents to enjoy a comfortable lifestyle without breaking the bank.
Eugene has a strong sense of community, with residents actively participating in local events, volunteer opportunities, and neighborhood gatherings. The city’s friendly and welcoming atmosphere fosters a sense of belonging and connection, making it an ideal place for those seeking a tight-knit community.
With the University of Oregon located in Eugene, the city offers a wealth of educational opportunities for residents. From public lectures and workshops to cultural events and academic resources, the university enriches the community with a diverse range of learning experiences.
Eugene experiences frequent rainfall, which may deter those preferring drier climates. This wet weather often brings overcast skies and damp conditions, impacting outdoor activities and mood. However, residents find ways to embrace the rain, enjoying indoor activities or exploring Eugene’s lush greenery thriving in the moist climate.
While Eugene offers a thriving arts and culture scene, the job market may be limited in certain industries. Residents seeking employment in specialized fields may find fewer opportunities compared to larger metropolitan areas, requiring them to explore remote work or commute to nearby cities.
As the population of Eugene continues to grow, traffic congestion has become a common issue, especially during peak hours. The city’s infrastructure may struggle to accommodate the increasing number of vehicles, leading to longer commute times and potential frustration for residents.
While Eugene promotes sustainable living, the public transportation options may be limited compared to larger cities. Residents relying on public transit may find it less extensive, requiring careful planning and potential adjustments to their routines. Eugene’s transit score of 32 suggests available services, but coverage may be less comprehensive than in cities with stronger transit systems.
Eugene’s lush greenery and diverse flora contribute to high pollen counts at certain times of the year, causing seasonal allergies for some residents. Those sensitive to pollen and other allergens may experience discomfort during peak allergy seasons, usually in spring and early summer.
For those seeking a bustling nightlife scene, Eugene may offer fewer options compared to larger urban centers. The city’s nightlife may be more subdued, with fewer late-night entertainment venues and activities available for residents seeking vibrant nightlife experiences.
If you caused a major car accident and the other driver sued you to cover their medical costs, would you have enough liability insurance to pay the damages? In a financially disastrous situation like this one, an umbrella insurance policy could help.
Umbrella insurance offers extra liability coverage beyond what’s on the policies you already have, such as auto or homeowners insurance. But there can be big differences from one umbrella policy to the next, including coverage details and maximum limits. Here’s how to find the best umbrella insurance for you.
Get home insurance quotes in minutes
Answer a few questions to see custom quotes and find the right policy for you.
When comparing umbrella insurance options, consider the following questions.
A standard umbrella insurance policy will cover injuries or property damage you cause to others, as well as your legal defense for such claims. But the nitty-gritty details may vary between policies.
For example, if your idea of a fun vacation is renting a Jet Ski and hitting the water, know that some umbrella insurers won’t cover these kinds of personal watercraft. The best umbrella insurance coverage for you will include your hobbies and other activities.
Many umbrella policies offer coverage anywhere in the world, which could be useful if you often travel overseas. But some policies may pay only for lawsuits brought in the U.S. or Canada.
You might also see some insurers offering excess liability policies, which tend to be similar but not identical to umbrella policies. Excess liability policies essentially boost the limits on the coverage you already have, while umbrella policies may also offer extra types of coverage that aren’t available on your existing policies.
An independent insurance agent can help talk you through exactly what’s covered and what isn’t by each policy you’re considering.
Insurers often require a minimum amount of liability insurance on your underlying policies before you can buy umbrella insurance.
For instance, to add umbrella coverage to your car insurance, your policy may need to have $250,000 of bodily injury liability coverage and $100,000 of property damage liability coverage. To add umbrella coverage to a homeowners policy, you often need $300,000 of liability insurance.
If your existing policies fall short of these limits, increasing your coverage amounts will likely raise your premiums.
Before they sell you an umbrella policy, many insurers require that you carry your auto, homeowners, condo or renters insurance with them, too. RLI and Auto-Owners Insurance are two companies that offer stand-alone umbrella insurance policies, meaning you could carry your auto or homeowners coverage with someone else.
Another factor to look at when shopping is the maximum limit a company offers. Most umbrella policies stop at $5 million, but some go higher. Farmers, for instance, offers umbrella insurance up to $10 million in most states, while Chubb‘s umbrella limits go up to $100 million.
When choosing your coverage limit, add up the value of your assets, such as savings, investments and real estate. These are things you could lose if someone files a lawsuit against you. Consider choosing an umbrella liability limit at least high enough to cover all your assets.
Many major carriers offer umbrella insurance. A good first step is to call your current auto and home insurer and request an umbrella insurance quote. Remember that you may have to increase the coverage limits on your underlying policies, which could raise your total cost.
If you have coverage with multiple companies, ask how much it would cost to move all your policies to that company, including the new umbrella. See if a bundling discount could reduce the total cost of your premiums.
🤓Nerdy Tip
Take this opportunity to shop around. Since you’re adding a new type of insurance and potentially raising the coverage limits on your existing policies, you may find that your current insurer no longer offers the best value.
We recommend getting quotes from at least three companies before making a decision. An independent agent or broker can shop around on your behalf and explain the coverage differences between policies.
Below are some of the major umbrella insurance companies in the U.S., along with details about their coverage limits and eligibility requirements. Keep in mind that smaller regional insurers may also offer solid coverage at an affordable price. A local insurance agent can help you find them.
Coverage limits: $1 million to $5 million.
States available: Washington, D.C., and all states except Alaska, Massachusetts, Nevada and New York.
Eligibility requirements: You must have underlying policies with at least the following limits:
|
|
|
Coverage limits: $1 million to $5 million.
States available: Washington, D.C., and all states except Hawaii.
Eligibility requirements: Requirements vary by state. Generally, your underlying policies must meet the following minimums:
|
|
|
Coverage limits: $1 million to $5 million, with additional limits potentially available.
States available: Alabama, Arizona, Arkansas, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Carolina, North Dakota, Ohio, Pennsylvania, South Carolina, South Dakota, Tennessee, Utah, Virginia and Wisconsin.
Eligibility requirements: Eligibility requirements differ depending on underlying policy, underlying carrier and where you live.
Coverage limits: $1 million to $100 million.
States available: All 50 states and Washington, D.C.
Eligibility requirements: Minimum limits for underlying policies vary by state.
Note: Chubb’s policy is technically an excess liability policy, not an umbrella policy.
Coverage limits: $1 million to $10 million, except in Florida and California, where the maximum limit is $5 million.
States available: All states except Alaska, Delaware, Hawaii, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, New Hampshire, North Carolina, Rhode Island, Vermont, Washington, D.C., and West Virginia.
Eligibility requirements: Farmers must insure at least one car with bodily injury liability limits of at least $250,000 per person and $500,000 per accident. You can insure your home with any company as long as it has at least $300,000 of liability coverage.
Insurance type |
NerdWallet star rating |
---|---|
Auto insurance |
|
Homeowners insurance |
Coverage limits: $500,000 to $10 million. (Limits above $2 million require additional eligibility requirements.)
States available: Washington, D.C., and all states except Alabama, California, Georgia, Montana, Nevada, New York, Texas and Washington. In the states where Geico doesn’t currently sell umbrella insurance, it can offer a policy through a partner carrier.
Eligibility requirements: You generally must have all vehicles insured with Geico and have the following minimum coverage limits on any relevant underlying policies:
Auto, RV, motorcycle or golf cart |
|
Property (homeowners, renters, etc.) |
$300,000 of liability coverage. |
Boat (26 feet or longer, or over 50 horsepower) |
$300,000 of liability coverage. |
Boat (under 26 feet with motor of 50 horsepower or less) |
$100,000 of liability coverage. |
Coverage limits: $1 million to $5 million.
States available: All states except California, Georgia, Louisiana and New Jersey. Coverage limits and requirements vary by state.
Eligibility requirements: You generally must have a Liberty Mutual auto policy with at least the limits below, but requirements may vary by state. The other policy types are optional, but if you have any of them, the liability limit must be at least $100,000.
|
|
Homeowners, dwelling, watercraft, farmer’s personal liability or general personal liability |
|
Coverage limits: $1 million to $5 million.
States available: Washington, D.C., and all states except Alaska, Hawaii, Louisiana and Oklahoma.
Eligibility requirements: It depends on where you live. In most cases, all vehicles and your primary home must have Nationwide policies with at least the following limits:
|
|
|
Coverage limits: $1 million to $5 million, with higher limits available through the USAA Insurance Agency.
States available: All 50 states and Washington, D.C.
Eligibility requirements: USAA policies are available only to veterans, active military and their families. The following limits apply to underlying policies:
Homeowners, renters or rental property |
|
|
|
Watercraft (if applicable) |
|
Source: nerdwallet.com
Welcome to the charming city of Akron, Ohio, where the blend of urban amenities and natural beauty creates a unique and inviting atmosphere. Nestled along the banks of the Ohio and Erie Canal, Akron boasts a rich history and a thriving arts and culture scene. Residents of Akron enjoy a close-knit community, affordable living, and a wide range of recreational activities. So whether you’re searching for the perfect apartment in Akron or eyeing a cozy home for rent, you’ve come to the right place.
In this ApartmentGuide article, we’ll cut to the chase, breaking down the pros and cons of moving to Akron. Let’s get started and see what awaits in this vibrant city of Ohio.
Akron boasts an affordable cost of living, making it an attractive option for individuals looking to stretch their budget. The average rent for apartments in Akron, is between $799 and $1,099 in 2024. Housing prices are reasonable, and the overall expenses for groceries, transportation, and healthcare are also relatively low compared to other cities. This allows residents to enjoy a comfortable lifestyle without breaking the bank.
Akron has a rich cultural heritage, with a strong emphasis on the arts and history. The city is home to numerous museums, galleries, and theaters, offering residents a diverse range of cultural experiences. From the Akron Art Museum to the Stan Hywet Hall & Gardens, there are plenty of opportunities to immerse oneself in the city’s vibrant cultural scene.
Residents of Akron have easy access to outdoor recreation opportunities, thanks to the city’s proximity to parks, hiking trails, and nature reserves. The Cuyahoga Valley National Park is just a short drive away, providing a picturesque setting for hiking, biking, and birdwatching. The city also offers a variety of recreational activities, including golf courses, community pools, and sports leagues, catering to outdoor enthusiasts of all ages.
Akron is known for its strong sense of community, with residents actively participating in local events, volunteer initiatives, and neighborhood associations. The city’s close-knit neighborhoods foster a supportive and friendly environment, where neighbors look out for one another and come together to celebrate traditions and milestones. This sense of community creates a welcoming and inclusive atmosphere for new residents.
Akron offers a diverse culinary scene, with a wide range of dining options to satisfy every palate. From cozy diners serving up classic comfort food to trendy eateries offering international cuisine, there’s no shortage of delicious meals to enjoy. The city also hosts food festivals, farmers’ markets, and culinary events, showcasing the local flavors and talents of Akron’s culinary community.
Akron is home to several reputable educational institutions, including the University of Akron and Kent State University’s satellite campus. This provides residents with access to quality higher education and lifelong learning opportunities. The city also has a strong public school system, with a focus on academic excellence and extracurricular activities for students of all ages.
Akron has a thriving job market, with employment opportunities in various industries such as healthcare, manufacturing, and technology. The city’s strategic location and business-friendly environment make it an attractive destination for job seekers and entrepreneurs. Additionally, Akron’s commitment to economic development and innovation contributes to a dynamic and diverse workforce.
Akron experiences harsh winters with heavy snowfall and cold temperatures, which can be challenging for residents who are not accustomed to such weather conditions. The winter months often require extra precautions for driving and outdoor activities, and the need for snow removal and maintenance can be a hassle for homeowners.
Akron has limited public transportation options, which can be inconvenient for residents who rely on buses or trains for their daily commute. With a transit score of 30, the city’s public transit system is not as extensive as in larger metropolitan areas. Making it necessary for many residents to own a car for their transportation needs. This can lead to traffic congestion and parking issues in certain areas.
Akron has an industrial landscape, with a history rooted in manufacturing and rubber production. While the city has diversified its economy over the years, some neighborhoods still bear the remnants of heavy industry, including abandoned factories and industrial sites. This can detract from the aesthetic appeal of certain areas and impact the overall environmental quality.
Akron has limited nightlife options compared to larger cities, with fewer bars, clubs, and entertainment venues available for residents to enjoy. While the city has a growing arts and music scene, the nightlife may not be as vibrant or diverse as in other urban centers, leading some residents to seek entertainment options in neighboring cities.
In addition to harsh winters, Akron experiences weather-related challenges such as heavy rainfall and occasional flooding. The city’s proximity to the Cuyahoga River and its tributaries can result in localized flooding during periods of intense precipitation, posing potential risks for residents living in flood-prone areas.