Apartment Blog

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.”

ForRent.com is providing more great information about apartment communities in your area. And check out the most recent uploaded videos…… We upload them to our video syndication network which consists of a variety of sites such as: YouTube, MySpace, Yahoo, Dailymotion and others to make them more accessible for your viewing pleasure! Helping you to find an apartment any time, any where!

So take a look at some of this week’s uploads…..

Vancouver, Washington Apartments For Rent:
Monterey Apartments For Rent in Vancouver, WA
Sterling Heights Apartments in Vancouver, WA

Indianapolis, Indiana Apartments For Rent:
Woodhaven Park Apartments in Indianapolis, IN
Lakeside Pointe at Nora Apartments in Indianapolis, IN
Woods at Oak Crossing Apartments in Indianapolis, IN

Albuquerque, New Mexico Apartments For Rent:
La Mirage Apartments in Albuquerque, NM
Sombra del Oso Apartments in Albuquerque, NM
River Walk at Puerta de Corrales Apartments in Albuquerque, NM

San Jose, California Apartments For Rent:
The Woods Apartments in San Jose, CA
Cherrywood Apartments in San Jose, CA

Orlando, Florida Apartments For Rent:
Auvers Village Apartments in Orlando, FL
Pine Harbour Apartments in Orlando, FL

Here are our most recently uploaded videos to our video syndication network which consist of a variety of sites such as: YouTube, MySpace, Yahoo, Dailymotion and many others!

Take a look….

Rancho Monte Vista Apartments in Upland, CA

South Towne Village Apartments in Milwaukee, WI

Lloyd Place Apartments For Rent in Portland, OR Video

Solara at Mill Avenue Apartments in Tempe, AZ

Nob Hill Apartments For Rent in Roseland, NJ

Sand Creek Woods Apartments in Fishers, IN

Fountains of Conroe Apartments For Rent in Conroe, TX

Steeplechase Apartment Homes For Rent in Cockeysville, MD

Spring Acres Apartments in Omaha, NE

The Forest Apartments For Rent in Glen Burnie, MD

Residences at Westborough Station Apartments in Westborough, MA

Apple Creek Apartments For Rent in Omaha, NE

Wyngate Apartments For Rent in Surprise, AZ

Bay Harbor Apartments For Rent in Fort Myers, FL

The Barclay at Dunwoody Apartments in Dunwoody, GA

Crown Point at the Reserve Apartments in Danbury, CT

Marquis at Ladera Vista Apartments For Rent in Austin, TX

Murdock Circle Apartments in Port Charlotte, FL

Garden View Apartments For Rent in Randallstown, MD

Woodlands of Crest Hill Apartments in Crest Hill, IL

Indianapolis is the capital of Indiana. It is Indiana’s largest city and, according to Wikipedia, is the second most populous state capital (behind Phoenix, AZ). Greater Indianapolis has seen moderate growth which could be explained by the low business costs attracting a variety of companies to the area, in essence increasing the number of jobs available. The climate is typical to most Midwest cities, summers are hot and humid, spring and autumn are usually pleasant with unpredictable temperature ranges and winters are cool to cold (freezing). 

Indianapolis prides itself on its rich cultural heritage. It has many cultural districts such as Broad Ripple Village, Massachusetts Avenue and Fountain Square to name a few. Many festivals and events take place in this great city; one of the most popular being the Indianapolis 500.

Did you know?

The center of Indianapolis is Monument Circle? It’s a traffic circle at the intersection of Meridian and Market streets that features the Soldiers’ and Sailors’ Monument. This monument is depicted on the city’s flag and is generally considered to be Indianapolis’ symbol! Find off-base military housing in Indianapolis, IN here.

With all these great attractions, it’s no wonder businesses are looking to relocate here. What a great area for apartment renters to be moving to as well. With the available employment positions predicted to increase, builders are forecasted to bring 900 units online in 2008[1], allowing for the supply to meet the demand.

Finding Apartments in Indianapolis, INSo whether you’re currently living in an Indianapolis apartment and looking to move or are planning to relocate to the city soon now does appear to be a good time. If you visit ForRent.com you’ll see a few of Indianapolis’ neighborhoods that have apartments for rent: Avon, Beech Grove,  Camby, Castleton,  Clermont, Cumberland, Eagle Creek, Franklin, Nora, Mooresville, Oaklandon and  Southport. These listings will give you a indepth view of the apartment community and the surrounding area with our video as well as allow instant contact with the property managers. And if you don’t see a specific neighborhood listed here it doesn’t mean we don’t have it; check out our Apartments For Rent in Indianapolis, IN online and view a wide range of apartment communities there!     
                         
Search for Apartments by College or UniversityForRent.com helps students find off-campus housing located near their College or University. Check out some of the student housing available near the following Indianapolis, IN Colleges and Universities: 
    
Purdue University Median gross rent for renter-occupied housing units is $614 per month²
   
Ball State University Median gross rent for renter-occupied housing units is $449 per month²
    
Indiana University-Bloomington Median gross rent for renter-occupied housing units is $557 per month²
    
Indiana State University Median gross rent for renter-occupied housing units is $430 per month²
    
Butler UniversityUniversity of Notre Dame

Get more information and search tips on Indianapolis Apartments, or view all Apartments for Rent in Indianpolis, IN.

[1] Real Estate Investment Research, 2008 National Apartment Report by Marcus & Millichap Real Estate Investment Services.

² Research from National Multi Housing Council