It’s no secret that rents are high in many areas of the country due in part to millennials’ affinity for renting combined with the impact of Great Recession foreclosures that sent some homeowners looking for leases. Boomers, for a variety of reasons, have also become more likely to rent.
The bottom line is that high demand for rentals has driven up the costs. Even so, it doesn’t mean that you can’t get a good deal, or at least avoid paying more than you should.
Consider these tips for tracking down an affordable rental: