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JUL
27

Does Your City have Low Rent? List of 10 Top Metro Areas with Low Rent…

Americans are finding that renting an apartment is an increasingly attractive option especially considering its affordability when compared to the housing market.  But it really depends on where you live. Business Week worked with the research firm Reis and came up with a list of large metropolitan areas with the most affordable rents. You’ll be amazed at some of the average rents these large metros have!

  1. Oklahoma City, OK. Average rent: $543
  2. Columbus, OH. Average rent: $677
  3. Indianapolis, IN. Average rent: $675
  4. Kansas City, MO. Average rent: $701
  5. Fort Worth/Arlington, TX. Average rent: $718
  6. Cincinnati, OH. Average rent: $710
  7. Denver/Aurora, CO. Average rent: $887
  8. Greenville, SC. Average rent: $887
  9. Houston area, TX. Average rent: $769
  10. Dallas/Irving, TX. Average rent: $814

Being from Hampton Roads, VA, I am amazed that some of these larger city areas have the same, if not lower, average rents as where I live! How about you, do you find this shocking at all?

“These results are based on  metro areas with populations of at least 1 million are ranked based on average asking rent as a share of income. The highest-ranked metros have the lowest share of income used for rent. Fourth-quarter 2008 average asking rent is a blended average for all sizes of apartments and does not include landlord discounts or other incentives. The populations, incomes and rents are for the metropolitan statistical areas as defined by the U.S. Census Bureau. Click here for full descriptions of the individual metro areas.”

                

Posted: July 27th, 2009

JUN
17

Attention Property Managers….time to take a closer look!

If you haven’t taken a look at our social media websites, you definitely need to! Especially since we write content with marketing/advertising ideas to help promote your apartment community videos. After your video goes live on ForRent.com, it is then uploaded to several social media websites such as YouTube, MySpace, Yahoo, Dailymotion, AptsVideo.com. The purpose for doing this is to make the apartment search process easier for renters; we want your community to be where THEY are. It also helps expose the property’s attractive features. This really gives prospective renters the opportunity to gage a property before going to see it.

In addition to posting it on social media websites, we also write a blog alerting consumers what new videos have come out which feeds into our Facebook Page and Twitter. This again is to encourage them to seek more information about your property and hopefully drive more LEADS to your door step!

Want to find out what was posted this week? Well, here’s a rap up…

The Lodge at Napa Junction Apartments in American Canyon, CA
North Park Apartment Village Apartments in San Jose, CA

The Congress Apartments in Baltimore, MD
Ridgely’s Delight Apartments in Baltimore, MD
Marlboro Classic & Redwood Square Apartments in Baltimore, MD

Madison at Stone Creek Apartments in Austin, TX
Madison at Walnut Creek Apartments in Austin, TX
The Pointe at Stone Canyon Apartments in Dallas, TX
Vineyard Springs Apartments in San Antonio, TX

One City Place Apartments in White Plains, NY
Bank Street Commons Apartments in White Plains, NY

The Gentry’s Landing Apartments For Rent in St. Louis, MO
Flats at 374 Apartments in St. Louis, MO

Winridge Apartments For Rent in Aurora, CO
The Flats at Whisper Sky Apartments in Denver, CO

Thorncroft Farms Apartments in Hillsboro, OR
The Verandas at Hazel Grove Apartments in Hillsboro, OR
The Colonnade Apartments in Hillsboro, OR

Posted: June 17th, 2009