Rent vs Buy

How To Rent An Apartment With Bad Credit

Although good credit comes in handy, it’s not the only factor that landlords use to decide whether or not to rent to you.  To understand how to beat a bad credit rap, you need to understand why landlords check credit in the first place:  they want to know if you will pay your rent in [...]

New Year, New Apartment? Five Advantages To Renting An Already Furnished Apartment

Thinking about renting a furnished apartment? Here are five advantages to leaving your things behind and renting an apartment that’s got everything you need in it already. 1. Greater Mobility The main benefit of renting a furnished apartment is that it helps you remain mobile. If you’re not sure where you’re going to be living [...]

Moving With Kids? How To Choose A Toddler Friendly Apartment

Finding the perfect apartment when you’ve got a toddler can be a bit more complicated than apartment-hunting for adults. Here are a few things to look for. Other Kids in the Complex If you’ve got a small child, one of the best things you can do is move into an apartment complex with lots of [...]

Apartment Industry Booming During Recession

Rental apartments are a rare point of growth in the commercial real estate industry, according to Investor’s Business Daily.  Developers throughout the industry are investing in large and ambitious projects, with the largest growth is in Dallas; Houston; Los Angeles; Orange Country; California; and Northern Virginia.  The new apartments vary as much as their locations—some [...]

The Basics of Apartment Leases and Rent Payments

By MyNewPlace Guest Blogger, Ron Leshnower – About.com’s Apartment Living Expert Understanding your lease and paying your rent are two essential aspects of apartment living, and so it’s no surprise that many apartment hunters and renters alike have questions about both topics. When these questions go unanswered, however, problems often arise that could lead to [...]

Recession + Lack Of Job Creation = Housing Crisis?

The job-creation plan that President Obama is pushing congress to pass may have some great ideas about how to help this country and its citizens climb out of the giant hole of debt we’ve all fallen into. It does not, however, address one of the biggest problems that the nation is currently facing: the housing [...]

Ever Wondered What $150k Per Month Rent Will Get You?

With rental prices on the rise throughout much of the nation, many people are looking for ways to save money in order to make ends meet. The end of a lease can mean a hefty hike in rental prices, with some units seeing an increase of ten percent of more. Having to pay an extra [...]

RENT INCREASE WATCH: Rent Vs. Buy Calculator & Economic Outlook

With the economy stepping into a slow and yet hopeful recovery, many apartment renters are wondering whether to expect rents to rise or fall over the next few years. Though the future of the economy is always veiled behind a fog of complex financial interactions, experts tend to agree that the rental market may be [...]

An Introduction: Multifamily—Meet Senior Villages and Cohousing

Senior programs are taking a hit: budget cuts eliminated almost ¼ of the funding going to the Community Development Block Grants program, which funds many senior programs. But seniors, whose population will double from 39 million to 79 million in the next 4 decades, are no dummies. They’re changing with the times, of course, like [...]

Rent Control in California: Another Challenge

What does rent control do? According to the California Apartment Association, rent control can discourage construction of new housing and investment in existing apartments precisely when it’s needed most. The issue is raised because in the case of Guggenheim v. City of Goleta, a 2009 case, a lower court ruled against the property owner. Because [...]

 

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Facts and Figures

Want to calculate average rent for your city? Interested in rental trends and industry statistics? MyNewPlace has always been a big fan of using data to draw meaningful conclusions about the multifamily and apartment rental industry. Here we share our findings with you!

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