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13 tips to find an affordable rental home
Moving out of one’s home is as scary as it is exciting. Not only does this come with the sweet promise of a fresh start, but it also brings new opportunities. However, with real estate prices constantly increasing, finding a new apartment with an affordable rent can quickly become a headache. To help tenants find their way through the rental market, here are 13 tips to find cheap apartments for rent. 1. Study the local market One of the most handy tips for negotiating rent is to study the local market. Check the accommodations in the area and see how much they cost. Cross-analyze this with the amount the landlord is asking for to work out a cheaper rent. In areas with high vacancy rates, this can be a great way to find a cheaper apartment. 2. Rent in the right season A lot of people move during the summer months, generally due to university requirements. This can shoot up the rent during this season. This demand tends to die down around December and January, which can give tenants a chance to negotiate better rental rates for their apartments. 3. Check out the competition Don’t rush to lease the first apartment.