{"id":7072,"date":"2017-10-23T11:49:33","date_gmt":"2017-10-23T15:49:33","guid":{"rendered":"https:\/\/www.renthop.com\/content-manager\/?p=7072"},"modified":"2023-07-24T12:53:31","modified_gmt":"2023-07-24T16:53:31","slug":"things-and-features-that-can-decrease-your-rent","status":"publish","type":"post","link":"https:\/\/www.renthop.com\/blog\/things-and-features-that-can-decrease-your-rent\/","title":{"rendered":"Things and Features That Could Decrease Your Rent"},"content":{"rendered":"

The amount of rent you will pay as a tenant depends on a number of different factors. The apartment’s size, location, and features directly impact the market rent. If you’re a renter looking to save on your monthly costs, there are things to avoid if you want to decrease your rent. While there are items that can increase your rent<\/a>, this week we’ll cover ways to lower your monthly payment.\u00a0<\/span><\/p>\n

\"decreaserent\"<\/p>\n

Six Items to Look for to Decrease Your Rent<\/h2>\n

Here is our list of some things to consider if you want to keep your rent low.<\/p>\n

1. Fewer Amenities<\/h3>\n

If your building is ripe with amenities that are included in your rent, the apartment units within that building are likely to cost more. Instead, look for an apartment or building that doesn\u2019t have all the bells and whistles. Things like an elevator, a doorman, a fitness center, a rec room or anything else that could drive up your rent, aren\u2019t necessities.<\/span><\/p>\n

Just because your apartment doesn\u2019t have a doorman, in-unit washer and dryer, or a fancy fitness center don’t mean it still isn\u2019t a great place to live. In fact, a lot of times, these extra amenities aren\u2019t even worth the higher rent. If you don\u2019t need a certain amenity, look for an apartment without it, your bank account will thank you.<\/span><\/p>\n

2. Location<\/h3>\n

The location of an apartment building is one of the biggest indicators of how expensive or cheap and the apartment will be. For example, a shoebox in downtown NYC <\/a>will likely command more rent than a 3 bedroom, 3 bath modern apartment that is located smack dab in a city neighborhood of a small town. If you are looking for cheaper rent, take a good hard look at which neighborhoods you are searching in. <\/span><\/p>\n

If you are only looking at downtown high-rises and are expecting to find low rent, you might be looking for a while. Also, the proximity to stores, shops, schools, and other businesses can also have an impact on rent. In New York City<\/a>, your location also high depends on your proximity to Midtown or Downtown Manhattan<\/a>. It also considers how close you are to the nearest train station<\/a>.\u00a0<\/span><\/p>\n

To make the most of your rental savings, take time to research the average rents<\/a> in an area. You’ll find which neighborhoods have cheaper rent than others, thereby decreasing your rent.<\/p>\n

Learn more:<\/p>\n