- Las Vegas, Nevada
Las Vegas’ renters also pay a lot less than its homeowners. The city, with its strip of casinos and hotels, is mostly known as a tourist attraction, but there’s much more to love about the Entertainment Capital of the World. As Nevada’s most populous city, Las Vegas has an arid, desert climate and averages 300 days of sunshine annually. And though some might not want to live in a place with a constant influx of tourists, the tourism industry keeps the cost of living in and around Las Vegas very low, with no income taxes for residents. - Miami, Florida
Miami is a great example of a city where the fall of the housing market has benefited renters. Developers built an abundance of condos during the real estate boom that are now being converted to rentals because there aren’t enough buyers for them. That makes for a lot of living options in a city that already has a pulsing night life, beautiful beaches, tropical climate, and a resident university. - Oklahoma City, Oklahoma
I know, I know, it’s Oklahoma. But let the city change your mind. If the prospect of scoring a 900 square-foot home with amenities like a fully equipped gym for $490 a month doesn’t get you hooked, maybe the fact that Oklahoma City has the cleanest air in the country will. Or that you can see real cowboys here in the city that’s also home to the National Cowboy Hall of Fame. $490 a month? Yeehaw! - Knoxville, Tennessee
Another diamond in the rough, Knoxville is a water lover’s haven. A 600-mile boat ride from the Ohio River, Knoxville provides its residents with more than 1,000 miles of smooth sailing through neighboring states. If living in close proximity to the woods and wilderness is your thing, you’ll also love the fact that you can get a tucked-away one bedroom for $560 a month.
Location, Location, Location
When most people think of renting a city apartment, they think of New York, Los Angeles, and San Francisco. Seattle and Chicago are also popular. But because these cities are already so saturated with renters, prices are high and space is scarce. Provided your job allows you to do so, try to get away from the coasts and hang your hat in these up-and-coming U.S. locations. You’ll be rewarded with low rents, quirky local color, and the sense of being part of a developing city.
