Deciding where to rent a property is not easy. There are so many factors that you have to take into consideration when you pick where to live in the next couples of months or years. No doubt, one of these factors is the cost of rent.
In this article we provide to you with the most affordable neighborhoods for renting a property in Seattle, Austin, Washington, and Boston, based on data from Mashvisor, an advanced real estate analytics tool. Moreover, for each city we’ll show you the most affordable neighborhoods for different property types based on the number of bedrooms (from single-bedroom rental properties to four-bedroom rentals).
Before you jump into the process of finding the ideal rental property to live in, have a look at the neighborhoods in Seattle, Austin, Washington DC, and Boston where you are most likely to find a property for rent for a lower-than-average rate.
Most Affordable Neighborhoods for Renters
Data: Mashvisor, May 2018
While the data in the table above gives renters in Seattle, Austin, Washington DC, and Boston an idea of which neighborhoods they should focus on when looking for a rental property if they are on a budget, it is important to have a look at which areas are best for different property sizes as well.
Most Affordable Neighborhoods for One-Bedroom Rentals
If you are a professional with no children, chances are you’re looking for a smaller rental. To find the most affordable one-bedroom properties for rent in them, focus on the following neighborhoods.
Data: Mashvisor, May 2018
Most Affordable Neighborhoods for Two-Bedroom Rentals
If you have children or would like to have an extra bedroom for your guests, here are the areas in Seattle, Austin, Washington DC, and Boston where you are most likely to find a reasonably priced rental property.
Austin, TX | Monthly Rent | City Average |
---|
Pleasant Valley | $1,130 | $1,630 |
East Oak Hill | $1,220 | $1,630 |
Gateway | $1,250 | $1,630 |
North Loop | $1,270 | $1,630 |
MLK | $1,270 | $1,630 |
Washington, DC | Monthly Rent | City Average |
---|
Carver | $1,350 | $2,490 |
Trinidad | $1,700 | $2,490 |
Data: Mashvisor, May 2018
Most Affordable Neighborhoods for Three-Bedroom Rentals
If you need even more space to accommodate your living needs, have a look at the most affordable neighborhoods for three-bedroom rentals in Seattle, Austin, Washington DC, and Boston.
Austin, TX | Monthly Rent | City Average |
---|
North Lamar | $1,070 | $1,730 |
Windsor Hills | $1,350 | $1,730 |
North Burnet | $1,450 | $1,730 |
Montopolis | $1,450 | $1,730 |
Franklin Park | $1,470 | $1,730 |
Boston, MA | Monthly Rent | City Average |
---|
West Roxbury | $2,140 | $2,730 |
Roslindale | $2,140 | $2,730 |
South Dorchester | $2,140 | $2,730 |
North Dorchester | $2,140 | $2,730 |
Roxbury | $2,330 | $2,730 |
Data: Mashvisor, May 2018
Most Affordable Neighborhoods for Four-Bedroom Rentals
Believe it or not, there are renters who are interested in four-bedroom properties (maybe you are one of them!). If this is the case, then here you have the ideal locations to begin your rental property hunt.
Seattle, WA | Monthly Rent | City Average |
---|
Arbor Heights | $1,860 | $2,560 |
South Park | $2,150 | $2,560 |
Whittier Heights | $2,210 | $2,560 |
Brighton | $2,390 | $2,560 |
Dunlap | $2,390 | $2,560 |
Data: Mashvisor, May 2018
Whether you are a professional who has just moved to Seattle, Austin, Washington DC, or Boston in search of your dream job or you have been living for a while in one of those cities in a rental property which is too expensive for your budget, now you know where to focus for search for your next rental home. You can narrow down your search by the property size which you are interested in.
Daniela Andreevska is Content Marketing Director at Mashvisor, a real estate analytics tool which helps real estate investors quickly find traditional and Airbnb investment properties. A research process that’s usually 3 months now can take 15 minutes. We provide all the real estate information in easy to understand visualizations.
Related
Where are the Cheapest Apartments Near the Best Schools in Seattle?
Boston's Most Unique Eats
Where are the Cheapest Apartments Near the Best Schools in Austin?