Sunshine State for the first time, you might be wondering what your options are when it comes to residential rental prices. Of course, the location and type of residence matter greatly and can affect the price for rent. Some places can be extremely expensive while you can find nice communities with cheap rent.
According to a December 2021 report by CBS News, the rent prices in South Florida have skyrocketed recently with a 36% jump in West Palm Beach. A one-bedroom apartment can be rented out for $1,700 while high-end apartments can be as much as $2,500 per month.
When prices for rent reach these numbers, one would think that buying a house is more ideal. You’ll probably pay around the same figure for your monthly mortgage, and you will even become a real homeowner. However, coming up with enough funds for down payment or to even get a good financing deal can be challenging too. Some people have no choice but to rent especially if they are living in an area temporarily.
The good news is that there are indeed cheap houses for rent in Florida. First, you have to choose a community that offers low cost of living. There are safe little towns that have way cheaper rent for houses and apartments in the outskirts of major cities. You might have to drive a bit farther to get to work but it might just be worth it.
Look around for your options. Check on online marketplaces or property management companies like Bridlewood Real Estate. What’s great about property managers is that they usually have a wide network of clients and landlords offering a variety of residential rentals. You only have to get assistance from one company to check out all those options versus having to find and speak to multiple landlords.
Contact Us for Assistance in Finding Cheap Houses for Rent in Florida
Bridlewood Real Estate is the real estate solution you are looking for. As a specialized property management company, we can help you find a wide range of homes and apartment rentals all over Florida in different budget ranges. Check out our available rentals and homes for sale. You may call us at 352-404-6484 for more details.