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