Daniela Andreevska
cheap neighborhoods

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

Seattle, WA Monthly Rent City Average

Arbor Heights       

$1,540 $2,111

Westlake   

$1,730 $2,111

South Park 

$1,770 $2,111


Austin, TX Monthly Rent City Average

North Lamar

$1,310 $1,800

Windsor Hills

$1,380 $1,800

Garrison Park

$1,510 $1,800

Wells Branch         

$1,550 $1,800


Washington, DC Monthly Rent City Average

Trinidad

$1,690 $2,560

Cathedral Heights

$1,870 $2,560


Boston, MA Monthly Rent City Average

Roslindale

$1,990 $2,700

West Roxbury

$2,200 $2,700

North Dorchester

$2,290 $2,700

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.

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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.

Seattle, WA Monthly Rent City Average

Pinehurst

$1,190 $1,520

Fairmount Park

$1,230 $1,520

Jackson Place                     

$1,240 $1,520


Austin, TX Monthly Rent City Average

Garrison Park

$750 $1,230

Galindo

$770 $1,230

Riverside

$800 $1,230

North Loop                       

$880 $1,230


Washington, DC Monthly Rent City Average

Trinidad

$1,230 $1,800

Cathedral Heights

$1,600 $1,800

Southwest Waterfront

$1,620 $1,800

Wesley Heights

$1,700 $1,800


Boston, MA Monthly Rent City Average

East Boston

$1,600 $2,490

South Dorchester           

$1,800 $2,490

South Boston

$2,140 $2,490

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.

Seattle, WA Monthly Rent City Average

Hillman City

$1,390 $1,890

North College Park

$1,630 $1,890

Crown Hill

$1,680 $1,890

Greenwood     

$1,720 $1,890


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


Boston, MA Monthly Rent City Average

Roslindale

$1,750 $2,770

North End             

$2,620 $2,770

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.

Seattle, WA Monthly Rent City Average

Highland Park

$2,050 $2,570

North College Park

$2,400 $2,570

Columbia City

$2,450 $2,570


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


Washington, DC Monthly Rent City Average

Congress Heights

$1,700 $2,770

Riggs Park

$2,030 $2,770

Manor Park

$2,520 $2,770


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


Austin, TX Monthly Rent City Average

Windsor Hills

$1,650 $2,300

North Lamar

$1,880 $2,300

Garrison Park

$1,950 $2,300

Gateway             

$2,170 $2,300


Washington, DC Monthly Rent City Average

Petworth

$2,570 $3,520

Riggs Park

$2,830 $3,520

Brightwood Park

$3,010 $3,520


Boston, MA Monthly Rent City Average

Mattapan

$2,040 $2,850

West Roxbury

$2,330 $2,850

North Dorchester

$2,530 $2,850

Hyde Park

$2,580 $2,850

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.

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About The Author

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.

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