“Home sales have been stable for several months, neither rising nor falling in any meaningful way,” NAR chief economist Lawrence Yun said. “Mortgage rate changes will have a big impact over the short run, while job gains will have a steady, positive impact over the long run. The South had a lighter decline in sales … [Read more…]
When it comes to finding your forever home or maybe just a fresh start, South Dakota offers a ton of appealing options. From bustling urban hubs to cozy lakeside towns, this guide to the best places to live in South Dakota is your golden ticket to discovering the towns that boast excellent schools and stable job markets in undeniably beautiful surroundings.
Sioux Falls is often considered one of the best places to live in South Dakota, and it’s easy to see why. This bustling city is a haven for outdoor enthusiasts, artists and aspiring professionals alike. The Big Sioux River winds its way through town, offering scenic beauty and outdoor activities like kayaking and fishing, right at your doorstep. But if you’re more of an indoor person, don’t worry; the city is home to the Washington Pavilion, a unique space with an art gallery, science museum and even a performing arts theater.
When it comes to everyday life, Sioux Falls is as practical as it is picturesque. The city boasts a robust job market, with opportunities in healthcare, financial services and retail, among other industries. Schools are top-notch, offering a quality education for the younger generation, while the healthcare facilities are some of the most advanced in the area. Ease of living is another big draw — traffic jams are a rarity, and most amenities are just a short drive away.
If you’re thinking about the best places to live in South Dakota, Rapid City should be on your radar. Imagine a city where you can have breakfast Downtown, hike in the Black Hills National Forest by lunchtime, and be back in time for a locally brewed beer from Lost Cabin Beer Company and a buffalo burger for dinner. This isn’t a fantasy; it’s just an average Saturday in Rapid City.
Rapid City is surrounded by pristine nature and serves as the ideal home base for those looking to explore natural wonders like Mount Rushmore and the Crazy Horse Memorial. With an eclectic mix of art galleries, cozy coffee shops and historic architecture, Downtown Rapid City is more than just a pit stop, it’s a destination in its own right.
The Rapid City economy is strong, buoyed by tourism and a fast-growing tech industry, so you’ll find a variety of career options. Schools are solid, and there are ample parks and recreational facilities for kids and adults alike. The city also hosts a series of community events throughout the year, from summer concerts to winter ice-skating festivals.
What you won’t find? The hassles of big city living. Traffic is manageable, the cost of living is reasonable, and people generally say “hello” when you pass them on the street. Rapid City captures the essence of South Dakota — friendly, scenic and endlessly fascinating.
Brookings emerges as a compelling choice as one of the best places to live in South Dakota, especially for those who appreciate a blend of intellect and community spirit. Home to South Dakota State University, the town has an atmosphere brimming with youthful energy and academic curiosity.
The McCrory Gardens offer a breath of fresh air and botanical beauty, while the Children’s Museum of South Dakota provides a magical world of learning for the youngest residents. College sports are a big deal here, and even if you’re not a student, you’ll find yourself swept up in the fervor of a Jackrabbits football game before you know it.
Excellent schools make Brookings ideal for families, and there’s a burgeoning job market in industries like agriculture, healthcare and education. Shopping and dining options are plentiful, offering everything from homegrown produce at the local farmers’ market to sushi and international cuisine. The town even has an active arts scene with frequent community theater performances, art walks and concerts. Safe streets and a strong sense of community make Brookings a place where neighbors know each other and people look out for one another.
Known for its breathtaking landscapes, Spearfish is encircled by the Black Hills, Spearfish Canyon and a wealth of outdoor opportunities. Whether you’re into mountain biking, hiking or fishing, you’re practically destined to become an outdoor enthusiast here. But Spearfish isn’t just about the great outdoors; it’s also a hub for education and culture. The town is home to Black Hills State University, which adds a layer of youthful energy and intellectual depth to the community, along with venues like the Matthews Opera House & Arts Center, showcasing everything from plays to musical acts.
On the practical side of everyday life, Spearfish delivers and then some. The local economy is strong and diverse, benefiting from a mix of education, tourism and small businesses. Its public schools are top-rated, making it a safe bet for families, and the community itself is close-knit, often gathering for seasonal events and festivals. Plus, unlike some small towns where you have to drive miles for basic amenities, Spearfish has a solid range of shopping and dining options.
What truly sets Spearfish apart is its genuine sense of community combined with the backdrop of natural wonder. It’s a place where you can catch a university lecture one evening and find yourself fly fishing in crystalline waters the next morning.
Known as “Hub City,” Aberdeen serves as a regional hub for healthcare, commerce and culture. The city boasts several landmarks like the Aberdeen Community Theatre and the Dacotah Prairie Museum, both of which offer regular events that enrich the social scene. If you’re in the mood for something more outdoorsy, Wylie Park and Richmond Lake are perfect spots for fishing, camping and unwinding under the South Dakota sun.
Aberdeen shines in terms of everyday convenience and quality of life. The job market is steady, with opportunities in healthcare, education and manufacturing. Educational facilities, from elementary schools to Northern State University, offer top-notch learning environments. Even better, Aberdeen has a low cost of living, making it easier to stretch a dollar whether you’re buying a house or enjoying a night out at one of the town’s tasty restaurants.
As the state capital, Pierre is a hub of political activity, and you can feel the historical gravitas just by walking near the South Dakota State Capitol building with its iconic copper dome. But the city offers more than just legislative action; it’s also a sportsman’s paradise. Sitting on the banks of the Missouri River, Pierre is an angler’s dream come true with an abundance of walleye, and it’s no slouch when it comes to hunting either, offering some of the best pheasant hunting in the United States.
By and large, life in Pierre is straightforward and hassle-free. The local job market is solid, primarily driven by government jobs, healthcare and education. There’s a lot to do here for singles and families, whether it’s hiking along the scenic LaFramboise Island Nature Area or taking part in the many community events that pepper the town’s calendar. Pierre offers a unique blend of outdoor activities and political buzz, making it a distinctive spot for those looking to experience the best of South Dakota.
Home to the University of South Dakota, Vermillion is a small but lively town where brains meet beauty on the banks of the Missouri River. You’ll find a mix of students, professors and residents enjoying everything from Coyotes football games to riverside picnics. The National Music Museum — featuring an awe-inspiring collection of musical instruments from various epochs and cultures — is another local treasure that elevates the town’s appeal.
The educational ecosystem in Vermillion is top-notch, with excellent public schools complemented by the intellectual resources of the university. Employment opportunities are ample, thanks to the university and a variety of small businesses. You won’t be stuck in traffic for hours; instead, you can spend that time enjoying local parks or taking in a college basketball game. What’s more, the cost of living here is quite reasonable, making it easier to enjoy what the town has to offer without breaking the bank.
In a state rich with scenic beauty and friendly communities, Yankton stands out as one of the best places to live in South Dakota. Located along the Missouri River and famously the former Dakota Territory capital, Yankton melds historical significance with an array of modern attractions. Outdoorsy types will be quick to appreciate the town’s proximity to Lewis and Clark Recreation Area, where water sports, camping and hiking opportunities abound.
Everyday life in Yankton checks off all the boxes for a well-rounded experience. The local economy is buoyed by a mixture of manufacturing, healthcare and retail jobs. Education is a strong suit as well, with a range of public and private schools that consistently earn high marks. Local businesses — from cozy coffee shops to essential grocery stores — meet daily needs while the friendly residents make you feel part of a genuine community. Events like the annual Riverboat Days festival encapsulate Yankton’s communal spirit and offer an entertaining diversion for residents young and old.
Known for its stunning lakes, particularly Lake Kampeska and Lake Pelican, Watertown is a haven for anyone who loves water sports, fishing or just gazing at beautiful sunsets over the water. And don’t forget the town’s signature attraction, the Bramble Park Zoo, which boasts an impressive collection of wildlife and offers educational programs designed for residents of all ages. Watertown is also home to the Redlin Art Center, showcasing the works of Terry Redlin, a renowned American wildlife painter, making it a hidden gem for art aficionados.
Watertown offers a high standard of living while maintaining that cherished small-town charm. The job market is steady with a focus on manufacturing, healthcare and retail industries. In terms of attractions, Watertown has plenty to offer, from shopping malls to restaurants that go well beyond the standard small-town fare. You’ll also find a rich social fabric here, marked by community events like outdoor concerts and seasonal festivals that provide plenty of opportunities for mingling with neighbors.
Home to Dakota State University, Madison is a hub for technology and innovation, a place where you can bump into cybersecurity experts as easily as lifelong anglers. Speaking of lakes, Lake Herman and Lake Madison offer ample opportunities for fishing, boating and picnics, making them popular spots for family outings or tranquil solitude.
Madison delivers on the practicalities of daily life, too. With a stable job market centered around education, healthcare and local business, making a living here isn’t a high-stakes gamble. Plus, community events like the annual Prairie Village Jamboree add a layer of entertainment and social engagement that keeps life interesting.
Whether you’re an outdoor enthusiast, a tech whiz or someone who just wants to enjoy the simple pleasures of a tight-knit community, South Dakota has something for everyone. From the buzz of the state capital in Pierre to the academic atmosphere of Vermillion, or the natural allure of Watertown, the Mount Rushmore State is an undiscovered gem for those looking to improve their quality of life.
Making a list of the best places to live in South Dakota isn’t just about numbers and statistics — it’s about understanding the lifestyle, culture and opportunities that make each place unique. So pack your bags and set your GPS, because your dream apartment might just be in a South Dakota zip code.
Source: rent.com
While the good news about housing keeps flooding in, one piece of negative data jumped out at me today.
The latest Zillow Negative Equity Report released today revealed that nearly one out of every five (18.6%) Las Vegas homeowners with a mortgage owed double what their home was worth as of the end of the fourth quarter.
In other words, if their home’s present value is $100,000, their mortgage balance is somewhere around $200,000.
For most people, this would signal being past the point of no return. After all, most of us have enough trouble paying off a mortgage when we’re above water, so the thought of owing double is daunting, even with a kick-butt mortgage rate.
Of course, if you stick around long enough, home price appreciation should do some of the heavy lifting, but it’s still a big ask for struggling homeowners.
While I cherry-picked a bad piece of data, it should be noted that 26.7% of Vegas homeowners were in this position one year earlier, so it’s not nearly as bad as it was.
And only 8.9% of underwater homeowners are delinquent on their mortgage payments, down from 9.9% a year earlier.
So yes, things are getting better…at the same time, the 200%+ loan-to-value (LTV) ratio bracket was the most prominent in Sin City.
In other words, if you went door to door and asked Vegas homeowners with mortgages what their LTV was, most would say 200%+.
The second largest distribution for Vegas homeowners was the 80-100% LTV tier (15% of borrowers), followed by the 100-120% LTV tier and under 40% tier, both at 13.8%.
If we expand the data to the whole of the United States, 3.8% of Americans with mortgages owed more than double what their homes were worth at the end of 2012.
That’s pretty scary, though the majority of U.S. homeowners with mortgages (26.6%) have LTV ratios south of 40%.
And 72.5% have a LTV somewhere below 100%, meaning they’re not the proud owners of an underwater mortgage.
If you look at the graphic below, you’ll notice that the LTV distribution is improving in every category, thanks to continued home price appreciation.
The low-LTV brackets are rising, and the high-LTV brackets are declining. All good news…
Overall, Zillow noted that the negative equity rate dropped to 27.5% in the fourth quarter from 28.2% a quarter earlier, and is now well below the 31.1% rate seen at the end of 2011.
As a result, nearly two million homeowners were able to get below the 100% LTV mark in 2012, though 13.8 million remain underwater.
Still, roughly one-third of all homeowners own their homes free and clear because they don’t have a mortgage.
Zillow also has a nice little chart detailing how many homeowners will be “freed from negative equity” in 2013.
Using this data, we can guess which metros will see an increase in housing inventory, as that many more borrowers will finally be able to list their homes and move on to greener pastures.
The company expects 72,696 homeowners in Los Angeles to get above water in 2013, making it the leading metro in terms of total numbers.
Nearby Riverside is expected to “free” 62,407 homeowners, which represents a 21.2% decrease in the negative equity rate there, the second largest percentage decrease behind Sacramento (-21.3%).
In hard-hit Vegas, only 8,435 homeowners are expected to get above water this year, which represents just a 4.3% decline in negative equity.
And in Chicago, negative equity is actually forecast to get worse, with 7,019 more homeowners going under in 2013.
But overall, 999,601 homeowners should be “freed” in 2013, thanks in part to Zillow’s 3.3% home appreciation estimate.
This all reminds me of a post I wrote back in 2010, which claimed some real estate markets wouldn’t see a return to peak home prices until 2039.
In other words, while there is plenty of good news, it’s going to take a while to undo this mess.
Read more: How to refinance with negative equity.
Source: thetruthaboutmortgage.com
This article originally appeared on RickOrford.com and has been republished here with permission.
Car owners throughout the U.S. almost always need to have a car insurance policy. With the financial considerations involved and the risks drivers face on the road, it’s important to weigh the cost of car insurance carefully. Do you think your car insurance is too high? If so, you can find cheap car insurance by shopping around.
In certain ways, your car insurance costs may be a reflection of you and your driving habits. Auto insurance providers often base the rates they charge on important factors. Some of these include your credit score, where you live, your driving record, and the type of car you drive. Therefore, if your premiums recently shot up or seem too high, you need to determine the possible reasons for it.
In most states, auto insurance companies use your credit score when calculating your car insurance premiums. Therefore, if you have a poor credit score, you may end up having to pay higher insurance premiums. However, the cost increase may depend on the auto insurance provider you choose and where you live.
According to the Insurance Information Institute, credit-based insurance scores are confidential ratings based on the insured individual’s credit information. Many insurance providers use credit scores in combination with other factors to help determine premiums. This is typically the case for insurance lines such as personal car insurance.
Before giving you a car insurance policy, all insurance providers will want to know your complete driving record. This includes your traffic violations and accidents you had in the past. Even if the handful of accidents you had did not happen recently, you might still have to pay higher insurance premiums. The same applies to traffic violations.
However, if you have a clean driving record, you should enjoy lower insurance premiums. When it comes time to renew your policy, your insurance provider will check your driving record for DUIs, accidents, speeding tickets, and other traffic violations.
Your premiums may increase by as much as 20% after a speeding ticket. A DWI or DUI will cost you significantly more. You will also have to pay steep fines and attorney fees, in addition to an average premium increase of up to $800.
The reason for this difference in rates is that drivers with poor records are more likely to make more claims in the future.
The type of coverage you choose and the level of insurance you have can greatly influence your insurance rates. Every state decides its own rules and requirements for minimum coverage requirements on any type of policy.
For example, some states have basic minimum requirements for property damage and bodily injury coverage. Others require additional coverages such as underinsured and/or uninsured motorists and personal injury protection or medical payments coverage.
A state like South Carolina, for instance, requires drivers to carry the following:
Since the minimum requirements for drivers differ by state, you may start with different rates and coverages just on a basic liability insurance policy alone. Furthermore, if your car has a lien, you may need to have additional coverage or higher limits, which would affect your annual rates.
The answer to the question “Why is my car insurance so high?” may lie in the type of coverage you have. Generally, the more coverage your car has, the more you should expect to pay.
For example, do you have a full coverage insurance policy, which includes collision and comprehensive coverage? If so, it may cost you about 170% more in premiums than a policy with liability coverage only.
Even if you only have a couple of accidents on your driving record, the resulting payouts will impact your insurance premiums. Of course, a driver with a couple of minor fender benders is a significantly lower risk than one who previously totaled several cars.
Whether the accidents were your fault or not, the number of claims you file will have an impact on your insurance rates. A no-fault accident can lead to a 10% increase in your premium and remain on your record for up to three years.
However, some states do not allow insurance providers to increase premiums after a no-fault accident. However, filing a claim for such an accident will still count towards your total number of claims.
Related read: How an Accident Can Affect Your Credit Score
When setting premium rates, car insurance providers consider the type of car to be insured. Some types of cars are more likely than others to keep occupants protected in the case of an accident. This results in lower insurance rates.
However, drivers of high-powered cars such as sports cars are statistically more likely to drive recklessly. This makes these drivers more likely to cause accidents, resulting in higher insurance rates.
According to some studies, safer and bigger cars, such as small SUVs and minivans, tend to have the most reasonable rates of insurance. Smaller cars, on the other hand, have surprisingly high rates. One reason for this could be because they tend to sustain more extensive damage in a crash.
Car insurance costs vary widely across the United States. If you reside in Michigan, one of the most expensive states for auto insurance, you can expect to pay several times more than people living in Maine, for example.
Various factors affect insurance rates in each state. These include the number of uninsured drivers, condition of the road network, minimum coverage amounts, and more. That said, you need to understand that insurance rates can vary within a state or city as well.
For example, if you live in an area with narrow roads that frequently lead to accidents, you may have to pay more for insurance than you would if you lived elsewhere. Those who live in areas with high rates of auto thefts tend to pay more for car insurance as well.
“Why is my car insurance so high?” This is a question many younger drivers tend to ask. According to the Insurance Information Institute, mature drivers tend to have fewer accidents than less experienced drivers, especially teenagers. This is the reason less experienced drivers pay more for car insurance.
Also, your insurer will charge you more if you let teenagers and young adults below 25 drive your car. If you have young drivers on your insurance policy, you may end up paying higher premiums.
Your gender may also affect how much you pay for car insurance. Statistically, men tend to get into more accidents and have more DUI-related accidents. Furthermore, they tend to have more serious accidents than women. These are the reasons why women tend to pay less for car insurance than men.
Young men are likely to pay a lot more for auto insurance. A 20-year-old man, for example, may have to pay about 16% more on his insurance premium than a woman of the same age.
However, as drivers age, the difference in rates tends to even out. Often, older women pay slightly more for car insurance than men of the same age. However, in this case, the difference in rates is quite small.
Your car insurance may be expensive because your insurance provider charges higher rates. Rates vary dramatically among different insurance providers. Therefore, you could be paying significantly more than necessary.
According to one study, among the top ten auto insurance providers nationwide, the average price of basic coverage for a good driver is about $440 for six months. However, that same driver could be paying just $309 from one company or as much as $625 from another of the top companies.
Therefore, if you have a good driving record, you could save up to 51% in insurance savings by switching companies.
Simply put, you and your insurance provider are at higher risk the more often you’re on the road and the further you drive. If you travel great distances to and from work, driving your car may eliminate some of the inconvenience. You just listen to your favorite music or podcasts to pass the time as you drive to work every day.
However, you may be paying a higher insurance premium for that convenience. When you apply for insurance coverage, your insurance provider will want to know where you work and where you live. This will help them have a better idea of how far you drive regularly.
When buying car insurance, car owners typically choose a deductible. This is the amount they would need to pay before the insurance provider picks up the tab in the event of theft, an accident, or any other type of vehicle damage.
Depending on the type of policy you choose, your deductibles may range from $250 to $1,000. However, there’s a catch. Generally, the lower your deductibles are, the higher your annual insurance premium is.
If you think your car insurance is too costly, you need to take a closer look at your policy. Do you need to pay for things such as car rental coverage and roadside assistance? Although such coverage can provide some convenience, they are not the most important things to pay for.
Many auto insurance companies consider the continuity of a car owner’s auto insurance. If you’ve had lapses or gaps in your car insurance history, you may be pegged as a high-risk car owner. As a result, your premium rates may increase by as much as 8% per year. The rate increase goes up to 35% if the coverage lapse extends beyond 30 days.
These penalties may also vary depending on your auto insurance provider. Make sure you ask your provider about how an insurance lapse would affect your premium rates.
To find out why your insurance rates seem to be expensive, you must first understand how auto insurance companies determine your rates. Fortunately, in most cases, you can do something about your unnecessarily high car insurance premiums. This may involve adjusting your driving habits or filing fewer claims, if possible.
In addition to shopping around for the best auto insurance rates and the right policy, you should look for discounts as well. These discounts may be applicable to drivers with good records, student drivers, and members of the military. Check your provider’s website to determine the types of discounts they offer.
The more information you have, the easier you can identify the factors contributing to your car’s high insurance rates.
Source: credit.com
“According to the research report, the global wall art market was valued at USD 54.09 billion in 2022 and is expected to reach USD 88.66 billion by 2032, to grow at a CAGR of 5.1% during the forecast period.”
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South America (Brazil, Argentina, Colombia, and the rest of South America)
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Furthermore, the report includes information on import/export consumption, supply and demand, price, revenue, and gross margins. The reports conclusion also contains in-depth SWOT and Porters Five Forces analyses of the Wall Art Market segmentation anticipated to generate the highest levels of profit. The research then covers the industrys cost structures, economic environment, and industrial policy. Additionally, it researches the major buyers, producers, and distributors of raw materials, etc. The forecast information provided in this study helps you better understand the anticipated Wall Art Market growth and development status.
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COMTEX_440635727/2599/2023-09-21T05:30:53
Source: benzinga.com
As we navigate the contours of 2023, the Los Angeles housing market continues to dominate conversations, not just among locals but also among potential buyers, sellers and investors nationwide. Recent data shows a complex narrative: a market that is both competitive and costly, while simultaneously in a state of flux.
While the towering home prices persist in their upward trajectory, a marked reduction in the volume of homes actually changing hands year-over-year offers a nuanced and intriguing subplot.
As of July 2023, the median sale price for a home in LA sits at an astonishing $1 million. This represents a 4.3% elevation since the previous year.
To place this figure in a broader frame, the median sale price in Los Angeles is a whopping 132% higher than the national average. But it’s not just the overall home prices that have climbed; even the cost per square inch is inflating. The median price per square foot has ascended to $627, a 2.0% increase from last year.
In the Los Angeles housing market, homes don’t linger. The average home is sold after a mere 37 days on the market, a slight but meaningful increase from 35 days in the prior year. This suggests that while the market remains fiercely competitive, it is not a feeding frenzy. On average, homes in Los Angeles receive three offers.
However, adding a layer of complexity, the number of homes sold in July 2023 reached only 1,477, plummeting 18.8% from the same period last year. These numbers indicate a fascinating conundrum: Although the demand is astronomical, supply is staggering behind, making it predominantly a sellers’ market — but with intriguing twists.
Measuring competition in any market is complex, but when it comes to the Los Angeles housing market, there are some quantifiable indicators. According to the Redfin Compete Score™, the market ranks as “somewhat competitive.” The average home here is sold for approximately 1% above the listing price.
The Los Angeles housing market isn’t solely affected by prices and competition; it’s also swayed by the tides of migration. Between June and August 2023, a considerable 81% of LA homebuyers expressed intentions to remain in the metropolitan area, affirming their loyalty to the City of Angels.
Conversely, 19% are looking to spread their wings and fly to other destinations, with Las Vegas, San Diego and Bakersfield topping the list. However, Los Angeles continues to exert its magnetic pull, drawing in new residents chiefly from San Francisco, followed by Chicago and New York.
The Los Angeles housing market of 2023 is an intricate choreography of rising prices, intense yet waning competition and fluctuating migration patterns. For prospective buyers, the city’s market poses challenges, but they are not insurmountable walls. Sellers, too, need to navigate carefully. The diminishing number of homes sold indicates a potential saturation point or perhaps signs of buyer fatigue.
For everyone involved — whether you’re an investor eyeing long-term gains, a first-time buyer looking to plant roots or a seller aiming to capitalize on high prices — knowledge is power. Staying abreast of the ongoing trends and dynamics in the Los Angeles housing market is not just advisable; it’s imperative. After all, in a market as multifaceted as this, understanding the lay of the land can make all the difference.
While the focus has largely been on home buying and selling, the rental sector adds another complex layer to the Los Angeles housing market. As one of the most sought-after places to live in the country, it’s no surprise that Los Angeles’ rental rates are a significant talking point as well.
The average rent for a studio apartment in the City of Angels hovers at $2,421, marking a 3% increase from the prior year. One-bedroom apartments haven’t been left behind in this upward trajectory, clocking in an average rent of $2,905, which also reflects a 3% annual increment. Two-bedroom apartments, meanwhile, cost an average of $3,894, but have seen a more modest annual growth of 1%.
This data paints a picture of a rental market that, much like its home-owning counterpart, experiences its fair share of challenges and costs. Apartments in Los Angeles are not for those hunting for bargains, with the average rent ranging between $2,421 and $3,894.
The Los Angeles rental market shows an overwhelming skew towards the higher-end. While 0% of apartments rent in the $501-$1,000 range, a staggering 80% of them command a rent north of $2,100. This underscores the upward pressure on the cost of living in Los Angeles and speaks volumes about the limited affordability.
When it comes to neighborhoods, Bel Air tops the list for studio apartments with an average rent of $3,695. On the other hand, areas like Beverly Grove and Westwood Village have seen decreases in average rent by 11% and 14% respectively. Silicon Beach, however, is bucking the trend with an 18% annual increase, echoing the tech boom that the area is experiencing.
For those looking for more budget-friendly options, South Park, South LA and Crenshaw offer average one-bedroom rents ranging from $1,650 to $1,900, compared to the Los Angeles average of $2,905 for a one-bedroom.
In terms of rent, Los Angeles still commands a premium compared to other nearby cities. For instance, a studio apartment in Santa Monica averages $3,540 with a 6% annual increase, while the same in Long Beach costs $2,850 but has soared by 37% in the past year. Glendale stands at $2,755 for a studio, with an 8% rise.
The fluctuating rental rates over the past year indicate a market that’s anything but static. For instance, studio rents went from $2,302 in September 2022 to peak at $2,422 in July 2023 before slightly reducing. Similar patterns are observed for one-bedroom and two-bedroom apartments, showing the market’s elasticity and potential volatility.
The rental landscape in Los Angeles is a vital part of the overall housing market, influencing and influenced by similar factors like location, demand and economic status. Whether you’re a potential tenant eyeing the city’s ritzy neighborhoods or someone seeking more affordable options, the Los Angeles rental market provides a plethora of choices — albeit at a generally high price point.
For individuals and families not yet ready to commit to homeownership, or those who prefer the flexibility that renting provides, understanding the dynamics of the rental market is as crucial as grasping the trends in home buying and selling.
When you’re ready to enter LA as a local, there will be an apartment waiting for you on Rent.
Source: rent.com
In the United States, it’s illegal to drive a car without car insurance. Depending on the state you’re driving in, the consequences of doing so can range from a fine to a misdemeanor on your record. So, if you’re planning on hitting the road anytime soon, be sure to purchase car insurance to avoid penalties.
In this article, we’ve researched the average cost of car insurance by state to give you a better idea of how much to budget.
Key findings:
According to AAA, the national average cost of car insurance for a full-coverage policy was $1,588 in 2022. This figure is based on an under 65 years old driver who lives in the city or suburbs, has over six years of driving experience, and has not been involved in any accidents.
When calculating the cost of car insurance, the state you live in plays a role in how much you can expect to pay. This is because factors like population density, climate, road conditions and crime rate in your area can play a part in the likelihood that you’ll file a claim.
According to insurance.com, the cheapest states for car insurance if you’re looking for minimum coverage are Iowa, South Dakota and Wyoming costing an average of $263, $267, and $293, respectively. Meanwhile, the cheapest states for full coverage auto insurance are Ohio ($1,023), Maine ($1,116), and Idaho ($1,121).
The most expensive states for car insurance in terms of minimum coverage are New Jersey, Florida, and New York where drivers pay an average of $989, $908 and $875, respectively. For full coverage insurance, drivers in Florida ($2,560), Louisiana ($2,546), and Delaware ($2,137) pay the most in the country on average.
|
State |
Minimum coverage |
Full coverage |
|---|---|---|
|
AK |
$336 |
$1,359 |
|
AL |
$420 |
$1,542 |
|
AR |
$422 |
$1,597 |
|
AZ |
$494 |
$1,617 |
|
CA |
$582 |
$2,115 |
|
CO |
$467 |
$1,940 |
|
CT |
$773 |
$1,750 |
|
DE |
$821 |
$2,137 |
|
FL |
$908 |
$2,560 |
|
GA |
$567 |
$1,647 |
|
HI |
$389 |
$1,306 |
|
IA |
$263 |
$1,321 |
|
ID |
$326 |
$1,121 |
|
IL |
$484 |
$1,578 |
|
IN |
$384 |
$1,256 |
|
KS |
$389 |
$1,594 |
|
KY |
$717 |
$2,105 |
|
LA |
$726 |
$2,546 |
|
MA |
$523 |
$1,538 |
|
MD |
$607 |
$1,640 |
|
ME |
$330 |
$1,116 |
|
MI |
$711 |
$2,133 |
|
MN |
$479 |
$1,493 |
|
MO |
$525 |
$2,104 |
|
MS |
$434 |
$1,606 |
|
MT |
$389 |
$1,692 |
|
NC |
$396 |
$1,368 |
|
ND |
$340 |
$1,419 |
|
NE |
$350 |
$2,018 |
|
NH |
$411 |
$1,307 |
|
NJ |
$989 |
$1,901 |
|
NM |
$376 |
$1,505 |
|
NV |
$683 |
$2,023 |
|
NY |
$875 |
$2,020 |
|
OH |
$308 |
$1,023 |
|
OK |
$352 |
$1,797 |
|
OR |
$551 |
$1,244 |
|
PA |
$398 |
$1,445 |
|
RI |
$648 |
$1,845 |
|
SC |
$628 |
$1,894 |
|
SD |
$267 |
$1,581 |
|
TN |
$368 |
$1,373 |
|
TX |
$520 |
$1,875 |
|
UT |
$526 |
$1,469 |
|
VA |
$469 |
$1,321 |
|
VT |
$306 |
$1,158 |
|
WA |
$505 |
$1,371 |
|
WI |
$375 |
$1,499 |
|
WV |
$474 |
$1,610 |
|
WY |
$293 |
$1,736 |
Another factor that’s going to influence how much you can expect to pay for car insurance is the specific company you purchase your plan through.
According to U.S. News & World Report, USAA, Geico and State Farm offer the cheapest minimum coverage plans, while USAA, Geico, and Nationwide offer the least-expensive full-coverage insurance.
Farmers, Progressive, and Nationwide offer the most expensive minimum coverage rates while Allstate, Farmers, and Progressive offer the most expensive full coverage plans.
|
Insurance company |
Minimum coverage |
Full coverage |
|---|---|---|
|
Allstate |
$1,961 |
$2,138 |
|
American Family |
$1,327 |
$1,388 |
|
Farmers |
$1,782 |
$2,059 |
|
Geico |
$1,064 |
$1,238 |
|
Nationwide |
$1,347 |
$1,338 |
|
Progressive |
$1,440 |
$1,650 |
|
State Farm |
$1,191 |
$1,348 |
|
Travelers |
$1,290 |
$1,448 |
|
USAA |
$948 |
$1,056 |
According to CarInsurance.com, the cost of both minimum and full coverage car insurance tends to decrease with age, as seen in the chart below. However, there is an uptick around age 70 where rates start to go back up.
|
Age |
Minimum coverage |
Full coverage |
|---|---|---|
|
20 |
$1,109 |
$3,532 |
|
30 |
$539 |
$1,785 |
|
40 |
$520 |
$1,682 |
|
50 |
$496 |
$1,581 |
|
60 |
$482 |
$1,511 |
|
70 |
$554 |
$1,661 |
Young drivers are the most expensive age group to insure. Although there are a few exceptions, insurance rates decrease with age among young drivers.
|
Age |
Minimum coverage |
Full coverage |
|---|---|---|
|
16 |
$2,402 |
$7,203 |
|
17 |
$1,971 |
$5,924 |
|
18 |
$1,706 |
$5,242 |
|
19 |
$1,234 |
$3,874 |
|
20 |
$1,109 |
$3,532 |
|
21 |
$884 |
$2,864 |
|
22 |
$794 |
$2,593 |
|
23 |
$736 |
$2,415 |
|
24 |
$690 |
$2,267 |
According to the Insurance Information Institute, your credit score is a good indicator of how many insurance claims you’ll file. As a result, insurance companies use credit scores to determine risk, and those with a good credit score pay cheaper premiums. The Zebra found that individuals with poor credit pay approximately 114% more than those with great credit.
|
Credit score |
Average annual rate |
|---|---|
|
Very poor (300-579) |
$2,887 |
|
Average (580-669) |
$2,296 |
|
Good (670-739) |
$1,912 |
|
Excellent (740-799) |
$1,606 |
|
Exceptional (800-850) |
$1,350 |
As you can see from the above charts, the cost of car insurance varies by the following factors:
Minimum coverage car insurance — liability coverage — is required in most states and is used if you’re at fault in an accident. This coverage will pay for damages and injuries of the other party when you’re responsible for the incident.
On the other hand, full coverage insurance, or collision coverage, includes liability coverage plus damage caused to your own vehicle. Keep in mind that lenders often require you to obtain full coverage insurance before you get an auto loan.
Below, we’ve answered some common questions regarding the cost of auto insurance.
Your driving record is one of the factors that affects your car insurance rate. As a result, those with traffic violations or accidents on their record can expect to pay higher premiums.
Your care insurance cost doesn’t typically go down after your pay off your car. However, you do have the option to decrease the amount of coverage on your vehicle once it’s paid off.
As mentioned above, insurance companies that offer the cheapest plans include Geico, Auto-Owners, USAA and Erie.
For young drivers in particular, car insurance rates decrease each year you renew your policy without filing a claim. You can expect to see the biggest drop in price at age 25.
The average cost of car insurance varies by factors including state, age, insurance company and credit score. Some factors, such as your age, are beyond your control, but other factors, such as your credit score, can be improved.
Check your credit score for free today to see if it’s a reason your car insurance is high.
Source: credit.com
The Gateway to the West, as the 300,000+ residents refer to their fair city, is an increasingly beautiful, appealing place to park your residence and settle in.
The city has affordable housing in tons of neighborhoods you’ll love exploring, with parks, zoos, museums and activity centers galore, plus tons of art galleries and amusements and amazing dining. The toasted ravioli isn’t all this city has to offer!
Of course, if you’re not sure what the best neighborhoods in St. Louis are right for your personal needs, our list below should help you figure that out pretty quickly — at least on where to start that apartment search!
The Central West End is a neighborhood that’s perfect for both young professionals and singles. It’s an ideal location between St. Louis University and Forest Park. In addition, there’s access to several reputable high schools and places of higher education.
The commercial area of this neighborhood has a lot to offer, such as restaurants and walkable shopping locations, live music venues, pubs, nightclubs and bars. There are so many fun things to do that you won’t get bored.
Downtown St. Louis is a great place to live for many reasons, the No. 1 reason being its easy access to all the important stuff happening in the city. While there are some prominent tourist attractions that everyone knows about, like the Gateway Arch, there’s still plenty of other things that residents can do.
Another great reason to pick downtown is that you have so many available housing options. There’s almost an endless variety of condos and loft apartments. Often, these are in refurbished buildings with enough character to set them apart.
Lafayette Square is just south of Downtown and one of the best neighborhoods in St. Louis. Compared to the Downtown area, Lafayette has a slower speed. There are quiet streets lined with townhomes that fit snuggly in between any number of grand Victorian homes.
The center of this area is Lafayette Park, a 30-acre green space, used by locals for dog walking, jogging and strolls and is where many annual events occur, including regular concerts, food festivals and movie nights. It’s the perfect place to call your own in the midst of a friendly community.
Soulard is the place to live if you’re the kind of person who loves the nightlife. Soulard has a wide variety of restaurants, bars and yearly festivals that will help keep you entertained. In addition, the annual Soulard Mardi Gras is one of the most significant events of its kind in the United States.
Besides parties, there’s a lot of variation in the housing offered. The housing styles include alley houses, brick rows, Victorians and more for reasonable prices. In addition, this location provides easy access to the downtown area, right off I-55.
Debaliviere Place is an excellent neighborhood for renters who want to live in more upscale condos and apartments. There are also several single-family houses alongside apartments in the older high-rise buildings. This neighborhood is an excellent choice for any students who attend nearby Washington University.
Debaliviere is also a short distance from both Central West End and Forest Park and all the attractions those two areas offer, so you’ll have easy access to Forest Park, the St. Louis Zoo, many museums and lots of green space.
Tower Grove is an excellent choice for those looking for a place with easy walking access to various amenities. One of the best neighborhoods in St. Louis has a mixture of residential and commercial areas, so you can find a wide range of choices for dining, shopping and drinking. The food selection is worldwide and includes choices like Ethiopian, Vietnamese and Moroccan food.
In the center of Tower Grove is its namesake park. This Park plays host to a wide range of yearly events, including concerts and other festivals. It makes the perfect center for a family-friendly community.
Forest Park is a trendy place to live with many attractive qualities. First is the namesake park, which has a trolley that people can use to see several local attractions. The Park is home to several museums, outdoor music venues and locations for exhibiting art. Its best-known feature is the free St. Louis Zoo, which houses over 12,000 animals and 500 different species. This zoo is world-famous for the care it gives animals and the zoo’s contributions to wildlife conservation.
If those aren’t enough, there are a plethora of places to eat and shop. In addition, you can walk the nature trial, which includes a 75-foot tall waterfall. The part also provides areas for boating, handball and tennis.
Benton Park is on St. Louis’ southside and west of Soulard. The neighborhood goes back to 1866, when the city originally founded it as a cemetery. An artificial lake and rustic bridge still serve as reminders of the past.
The unique attractions of the area, outside the great shopping and dining, is the expansive network of underground caverns that attract beer makers to the area. When the brewing industry exploded, German architects moved to the site and helped construct several beautiful buildings still standing. This red-brick architecture found in Benton Park adds to the already attractive neighborhood for young professionals.
The Hill neighborhood offers a unique experience within St. Louis for those who love Italian culture and cuisine. In addition, the Hill is very friendly towards those who like to walk with various stores, restaurants and bars within a reasonable distance.
One of the best neighborhoods in St. Louis is marked by having all its fire hydrants painted with the Italian flag. As you explore this neighborhood, you’ll discover many high-quality eateries delivering an authentic Italian dining experience. Gitto’s and Mama’s are two of the more popular places to eat.
For those wanting a cultural center, Grand Center might be the place for you. This area is home to the famous Fox Theater, which regularly showcases comedy shows, plays and musicals. The St. Louis Symphony makes their home at the local Powell Hall, a former vaudeville house. In addition, there are regular art walks and open galleries for the public to view the latest art.
This cultural hot spot also offers plenty of places to go after seeing a show. There’s easy access to several shops and restaurants, all within walking distance. And with the affordable rent and high walkability, the neighborhood is the perfect spot for young singles, couples or professionals looking for the good life without the extra cost.
The St. Louis Hills neighborhood offers several competitively-priced homes of various sizes to meet the different needs of singles and small families. While it doesn’t have the most accessible access to shops via walking, there are still a good number of bars, shops and restaurants that you can enjoy.
One of St. Louis’ most famous frozen custard locations, Ted Drewes, is here. This restaurant has been operating here for 80 years. Enjoy!
For those looking for a primarily residential area, Highway-Pointe (or simple “Hi-Pointe”) has some great features. It’s admittedly not the most walkable of all neighborhoods in St. Louis, but there are many great things to see and do within a quick drive from home. There are coffee shops, the Hi-Pointe Theater and the Hi-Pointe Drive-in restaurant. Other nearby locations that add to the appeal of living here include the St. Louis Zoo and the St. Louis Museum, making this one of the best neighborhoods in St. Louis.
Dutchtown isn’t St. Louis’ largest neighborhood. However, it does have the highest population. As a result, this neighborhood offers a wide variety of shopping places, all easily accessible by walking. In addition, this community provides a wide range of highly-rated restaurants to experience.
This district has several high-quality schools that make for an additional incentive for moving here. St. Alexius, an excellent and renowned hospital, is also here, meaning this is a great neighborhood for medical care workers — easy access!
The Northampton neighborhood offers reasonably-priced apartments for singles and small families. In addition, it’s a neighborhood known for having some of the best school programs in the area. These high-ranking schools cover every level of education.
A short distance away from this neighborhood is the Hampton Village Shopping Center, which has numerous shops and restaurants that cater to various tastes.
The Southwest Garden neighborhood offers a lot to do for its residents. The neighborhood itself is right across from the always beautiful Missouri Botanical Garden. In addition, there are a few quality places to eat and shop just a walk away.
Several regional companies have local offices in this area, as well, and there’s Sublette Park, a popular destination for days with good weather.
St. Louis has tons of amazing neighborhoods, many of which are easy to walk and explore on your days off. So, if you’re looking for the best apartments for rent in St. Louis, these are where it’s at — from super budget-friendly to the poshest parts of town. Whatever you’re looking for, it’s here in on of the best neighborhoods in St. Louis!
Source: rent.com
Is Kansas City in Kansas, or is it in Missouri? It’s kind of both. Both are individually incorporated cities, but together they make up the greater Kansas City metropolitan area.
Long ago, in the 1830s, KCMO got started as a trade outpost to fit hunters with furs and traps. Now, that’s morphed into manufacturing and it dabbles in tech, transportation and healthcare. For visitors, it’s better known for LEGOLAND, the National World War I Museum, tons of art galleries and museums, the Airline History Museum, too many fountains to count and, of course, Kansas City barbecue.
The concentration of barbecue alone is enough to focus on, as Kansas City has the most barbecue restaurants per capita than anywhere else in the U.S. Characterized by burnt ends with extra flavor, and a thicker-than-most tomato-based sweet barbecue sauce smothered on the smoked meat (not on the side!), Kansas City barbecue has made a name for itself for obvious reasons.
Residents cheer on several pro sports teams, like the Kansas City Chiefs, the Kansas City Royals and the Kansas City Current.
The Kansas City metro area has 2.34 million residents. The median age is 35 years old and the median household earns about $55,000. With a whopping 240 neighborhoods making up the city, there’s plenty of variety and subcultures to add to the spice of life for Kansas City residents. Here are 15 of the up-and-coming best neighborhoods in Kansas City for 2022.
Constructed in the 1920s, Brookside has that beloved historical feeling. But throw in a couple of community staples, like festivals, parades and fairs, and you’ve got a local color you can’t beat.
Kansas City residents claim Brookside is “quintessential Kansas City.” From ghost tours, toy shops, local makers and retailers, art galleries and museums — not to mention all the great food, pubs and cafes — Brookside has a little bit of everything for everyone and offers a whole lot of fun.
The Country Club Plaza can often feel otherworldly to the rest of Kansas City, thanks to its Spanish-inspired architecture. It’s a pretty popular area since it’s known as the shopping capital of the city, spanning 15 blocks of retail. From designer to local, there’s a shop for everyone.
If visitors don’t come for the shopping, they probably came for the food because it’s just that good. And if they didn’t come for either, they definitely came for one of the two art museums in the neighborhood. If nothing else, maybe they’re there to count all the fountains, of which there are many. It’s no wonder this is one of the best neighborhoods in Kansas City.
Like many neighborhoods in metropolitan cities across the U.S., Crossroads was once a warehouse district. When the manufacturers left, the area was vacant until someone had a vision. The area became what it’s known for today, the Crossroads Arts District.
Each month on the first Friday, this neighborhood puts on an art crawl spanning 20 blocks with 70 retailers involved. The neighborhood is also home to the Kauffman Center for the Performing Arts, which stages theatrical performances, music and dance recitals.
The area has plenty of breweries and bars to make a whole evening out of the arts, along with great restaurants, too. Hipsters and young professionals flock to the area for its creative vibes and good times.
Home to LEGOLAND, the city’s aquarium, the Money Museum and a covered ice rink in the winter, there are tons of things to do in Crown Center for families and singles.
Just south of Downtown, this neighborhood also has the Crown Center Mall where there’s plenty of shopping opportunities and local retailers, too. Obviously, the area has plenty of great dining options to boot.
As one of America’s leading best downtowns, Downtown Kansas City has a lot to offer to keep itself in the ranks. Home to a year-round, Saturday-and-Sunday City Market, come rain or shine, residents have every excuse to go downtown on the regular.
Downtown also hosts about 130 free events each year and boasts dining options from across the world.
East Bottoms was a booming neighborhood closer to its founding back around 1800. It was well known for its J. Rieger & Co. Distillery, producer of over 100 different products, founded in 1887.
The distillery was eventually forced to shut down during the prohibition, but in 2014, the original owner’s great-great-great-grandson got the distillery up and running again. In addition to its specialty spirits you can taste all over the country in craft cocktails, this distillery opened up its own tasting and dining rooms which revitalized the area and urged other pubs and breweries to join the mix, making it one of the best neighborhoods in Kansas City.
This is a great area in Kansas City to meet up with friends to have a great time.
Two of KCMO’s most notable, must-see museums are in the 18th & Vine District: The Negro Leagues Baseball Museum and the American Jazz Museum. Throw in some barbecue (there are plenty of options in the area), and you have three of Kansas City’s biggest passions: Baseball, jazz and barbecue.
Since it’s such a storied area, residents and visitors can enjoy live entertainment and music regularly.
In recent years, after a stint marked by crime, Manheim Park has gone under a reconstruction period. Merging together old historic constructions with modern designs, there’s a visual flow and continuity in this little neighborhood. This community-member-lead reinvigoration has even been published nationally.
Manheim Park has put in the work to transform itself into an upcoming area with ample easy-living apartments, and the momentum isn’t slowing down anytime soon.
This quiet suburban area of Northland packs a punch thanks to the riverboat casinos, Worlds of Fun amusement park and a shopping district. Along with local retailers are art galleries, festivals and firework shows.
There are also a couple of indoor sporting venues, like rock climbing, or the restaurant-and-play duo that brought pickleball to Kansas City, Chicken N Pickle.
Another cove for older, architecturally rich and Victorian homes, Pendleton Heights is definitely worth checking out. Young professionals, families just starting out, artists and creatives tend to flock to this area, and its residents seem to stick around for the long haul.
This rather diverse neighborhood is a tight-knit community where residents tend to look out for one another, and one of the best neighborhoods in Kansas City is also the perfect area to call home.
Butting up against the Missouri River, River Market has gone by many names in the past, but was the city’s first incorporated district. Its name aptly implies that long ago, the river-side access lent this area to a lot of trade. That still carries into today, though it looks a little different now thanks in part to its bustling open-air farmer’s market.
If you’re into old mobster histories, this district has plenty of that, thanks to its River Quay (just one of the area’s many previous names) era now long ago. A mob war broke out and resulted in burning buildings and businesses, along with a few mob members’ deaths. After the fiasco, the mob left the area, as depicted in “Casino.”
If you lean away from all things true-crime, River Market’s fresh and bustling food, bar and boutique scenes serve as plenty of an attraction, too.
About two miles east of downtown, overlooking the Missouri River, Scarritt Point is a well-located neighborhood full of history. With well-manicured streets and sidewalks, overhung with large shady trees, this area was prominent back in the day among affluent families who built large homes.
If old historical residences are what you’re after, this neighborhood is right for you. It’s chock full of local flavors and good dining, too.
If you’re looking for a beautiful, well-manicured area loaded with parks, creeks and lush greenery, maybe even a rose garden, then the South Plaza area is the ideal neighborhood for you.
It’s home to the University of Missouri – Kansas City, the Kansas City Repertory Theatre and the National Museum of Toys and Miniatures, so residents have plenty to keep busy. Not to mention the creative and trendy restaurants on-hand in this neighborhood, too. All that goes a long way to help it stay one of the best neighborhoods in Kansas City.
The Sunset Hill area is a beautiful neighborhood with great parks and lovely, Colonial- and Tudor-styled homes. This well-maintained area is where young families tend to gravitate, so there are plenty of amenities at hand.
A quick 10-minute drive will bring you right to Country Club Plaza’s offerings, without having to sacrifice the quiet nature of this little suburban haven. With great food and drinks nearby, it’s hard to say no to Sunset Hill!
Waldo is one of the main entertainment districts in Kansas City. It tactfully balances nightlife with family-friendly events, like the Waldo Fall Festival. Where good drinks are pouring, good plates are easy to find, as is shopping.
Each year, Waldo is home to the Trolley Run, a race following the historic streetcar or trolley tracks throughout the neighborhood. There’s a tight-knit feeling in Waldo, where residents look out for each other and have fun together.
If you found a neighborhood that sounds like your own personal hiatus, check out these apartments for rent in Kansas City!
Source: rent.com
The capital of Ohio, Columbus, is famous for being home to the first Wendy’s — yes, that fast-food chain — but it offers much more than that along the banks of the Scioto River.
The city underwent many name changes during its first days in the 1800s, later nicknamed “Arch City” after builders put arches over city streets. You can also experience the deep Native American and Appalachian roots and history in the area.
Established historic neighborhoods like German Village offer some of the city’s oldest buildings as housing options, as well as beautiful, quiet tree-lined streets. Elsewhere, up-and-coming spots like Short North, the Brewery District and Downtown Columbus offer walkability, short commutes and fun arts and nightlife amenities.
Ready to explore Columbus? Here are the 15 best neighborhoods in Columbus.
South of the German Village, the Brewery District is as hip as it gets. Music venues and brewery bars line the streets of this neighborhood. Plus, a high walkability factor makes it even more alluring. Watch your favorite comic at Shadowbox Live on weekends. You can also head to the nearby trails at Scioto Audubon Metro Park, bordering the Scioto River.
You can find a one-bedroom apartment for $1,212 per month on average in the Brewery District. Head to pup-friendly Gresso’s for a slice before heading on a brewery hop.
Only six miles from downtown and convenient to Ohio State University, Clintonville has a mix of young professionals and college students. The beautiful Rose Gardens at Whetstone Park will captivate you with their scent, trailing above arches and along walkways. You can also explore the six glacial ravines that cut through the neighborhood, like Glen Echo.
On the weekends, enjoy that high walkability score by heading to High Street for a bite at the many establishments like Lineage Brewing or enjoy a vegan sweet treat at Pattycake Bakery. You can find a one-bedroom apartment in the area for $819 per month on average.
The heart of Columbus, Downtown, has as much life as you expect. An outdoor amphitheater, the Columbus Museum of Art, a river walk along the Scioto River, National Veterans Memorial and Museum are just some of the things that make downtown shine. The Scioto Mile connects more than 175 acres of green spaces through the area.
Public transit abounds in the area, making it easy to ditch your car in favor of walking to enjoy the nightlife. You can find a one-bedroom for $1,462 per month on average.
Franklin Park is the most gorgeous when in bloom. Visit the Franklin Park Conservatory and Botanical Gardens to enjoy the warm months and picnic in any corner of the 88-acre park. Just east of downtown, the historic neighborhood offers a farmers market in the summer or grab some tacos nearby at Alebrijes.
You can enjoy this quiet neighborhood by renting a one-bedroom for an affordable $739 per month on average, only two miles from downtown Columbus.
An up-and-coming artists’ hub, the neighborhood of Franklinton has started creating its own personality in recent years. Right to the west of downtown Columbus, Franklinton is home to breweries, artists’ studios and newer co-working spaces — all on the background of the neighborhood’s history and industrial past.
The Land-Grant Brewing Company and Taft’s Brewpourium anchor Franklinton’s beer scene and mural art adorn several buildings in Columbus’ oldest neighborhood. The neighborhood is quickly changing, but you can still find affordable rents at $625 per month on average for a one-bedroom.
Franklinton residents have an average commute of 20 minutes, thanks to its proximity to Downtown.
It’s no surprise that the German Village neighborhood attracts young families and business professionals. With a nearly perfect walk score and high bike score, it’s easy to get around sans car and easily commute downtown. A one-bedroom apartment remains relatively affordable at $1,295 per month on average.
Elder trees and historic red buildings line the streets of this neighborhood. Frank Fetch Park is an excellent weekday spot to enjoy your morning coffee and Schiller Park features trails, a playground and even an amphitheater.
Nearby, the Schmidt Sausage Haus & Restaurant has been a local treasure since 1886, one of many German-inspired restaurants. The Book Loft is a bookworm’s dream with 32 rooms filled with books.
Harrison West has seen a slight increase in rents since Summer 2021, but you can currently get a one-bedroom for $1,701 per month on average. The Columbus neighborhood is only 2.5 miles from downtown and a hop and a skip from the beautiful Goodale Park.
The Arena District offers access to a movie theatre, several restaurants and bars and a skating rink only a mile away. Huntington Park is home to the Columbus Clippers baseball team.
Indianola Terrace is a good option if you’re looking for an apartment convenient to Ohio State University and still walkable to everything. The neighborhood offers not only apartments but also multi-family units. You can find a one-bedroom in either option for $800 per month on average. Graduate students mainly reside in this neighborhood.
The Ohio History and Research Center are nearby, offering a detailed look into the state’s history along with seasonal exhibitions. Glen Echo Park is only a couple of miles away in Clintonville, offering a playground, dog park and easy hiking trails.
Just north of downtown Columbus, every corner of the Italian Village has a restaurant filled with regulars. Not to worry, while parking is hard to come by, walking is the preferred way to see the neighborhood. You can quickly see why the neighborhood, filled with young families and millennials, remains tight-knit.
Try out two local breweries, Seventh Son Brewing and Hoof Hearted Brewery, or visit the local dive bar, St. James Tavern. Snag a one-bedroom apartment for $1,384 per month on average and grab your coffee at Fox in the Snow in the mornings.
King-Lincoln Bronzeville has a rich history as a historically African-American neighborhood. The neighborhood is home to the Lincoln Theatre and the King Arts Complex. Recently, more Columbus residents have been discovering the charm of the neighborhood.
You can see beautiful murals throughout the King-Lincoln and visit the Bronzeville Bird and Butterfly Sanctuary. The Columbus Museum of Art is nearby, as well. You can find a one-bedroom apartment for $1,145 per month on average.
Olentangy Trail, a gem in the North Campus neighborhood, connects the Ohio State University with other city parks and Olentangy River. It’s the perfect escape, not too far from the city. You can rent a one-bedroom for $1,087 per month on average.
Nearby, you can find hot donuts at Buckeye Donuts, head to games at Ohio Stadium and stop by the Wexner Center for the Arts for the latest exhibitions.
Right in the heart of Columbus, Short North attracts renters keen on art gallery openings, city festivals and easy biking, thanks to the neighborhood’s grid pattern. The Short North comes alive with art walks and outdoor concerts at Goodale Park every summer. The 33-acre park is the oldest city and provides ample greenspace to city dwellers for picnics and more.
The neighborhood’s arches on High Street light up the way for visitors to explore high fashion boutiques, a thriving dining scene and, of course, the many galleries. Stop by the North Market for an outdoor dining experience with various food hall vendors if you can’t choose where to eat.
You can enjoy that walkability and gallery hop on the weekends for $1,495 per month on average for a one-bedroom apartment.
The best way to know if you’re in the Uptown District is by finding the Ohio Statehouse, a Greek Revival-style building in Colonial Square. The neighborhood has all the charm you want from a suburb while being near Columbus. Uptown District features many upscale restaurants like Veritas and Jeff Ruby’s Steakhouse. Breweries and cocktail bars also dot the area.
You can find a one-bedroom apartment in this neighborhood for $1,548 per month on average, with easy access to the Ohio Theatre for a night out.
Can you picture going on an early morning walk surrounded by Victorian architecture? That’s what Victorian Village offers to its residents. Don’t miss the Gothic-style mansions and Queen Anne houses. Small shops and restaurants line the streets of this Columbus neighborhood. Goodale Park is within walkable distance to take your family for a picnic.
The neighborhood is on the more expensive side if you want to rent a two-bedroom, but still affordable for those in need of a one-bedroom, available for $1,250 per month on average. Stop by for a pint at Cavan Irish Pub to explore the neighborhood’s Irish-American roots.
If you’re looking for public transportation and walkability, Weinland Park is the neighborhood for you. The bus system services the area heavily thanks to its grid system and proximity to old streetcar rails.
Convenient to downtown, developers are revitalizing the industrial neighborhood with already slated multi-use developments. Weinland Park was home to several factories, many now converted into apartments and office space. The namesake park offers a picnic space and a playground. Grab a beer at Zaftig Brew Pub after.
Did you fall in love with this midwestern city? No surprise there! Columbus has historic neighborhoods, beautiful architecture, parks and walkable street grids. Whether you’re grabbing a beer in the Brewery District or strolling on your way to class at Ohio State, there’s a neighborhood for you. Ready to move on? Find apartments for rent in Columbus.
Source: rent.com