10 October 2009

Landing a Cheap Apartment in Austin Texas

By Hermon Dougson

With the economic conditions getting worse by the day, apartment prices have gone down. If you are looking for cheap apartments in Austin, Texas, don't overlook apartment units that might just look as if they are expensive. You should do some price comparisons by making a list of apartment complexes and giving the apartment leasing agent a call. Once you have a list of apartments that are available in the area you are looking to rent in;then, you can choose the least expensive and check the apartments out.

You might find a cheap apartment that would require your spending twice the gas money to commute to work, if you are planning on working in Austin. The question of cheapness varies with other budget items like food. If you will have to travel clear across town to find the supermarket that you like, the cost in gas and time might make that cheap apartment look expensive in the long run. But, most of us want to get the most for our money. If a cheap apartment is a budget necessity and we plan on walking most of the time then consider these options.

Austin, Texas, has one of the highest apartments, townhouses, and condos of any major city in the United States.

More than 3000 additional units were built last year and 1300 more units are scheduled to be built on top of the already existing 125,000 townhouses, apartment and condos.

The average rent for an Austin, Texas, apartment was 800 dollars. That has dropped to about 700 dollars. If that is the average of what renters pay; then, if your looking for a cheap apartment, you can expect to pay, at least, 500 dollars a month. Finding a Real Estate Office and inquiring about their townhouses, apartments and condos might surprise you with an even better deal if you are planning on signing a lease. Many of these offices handle apartments whose owners want their space rented. By inquiring from real estates offices rather going directly to an apartment that looks cheap, you might get a better apartment and less money than you thought you could afford.

The market in apartment renting is hurting just as much as all the other markets. Now, would be a good time to sign a longer lease for a nice apartment at a cheap cost because it is a buyer's market. How to find a cheap apartment in Austin, Texas, is no problem if you approach the project with the right assistance from a real estate agent.

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