Congratulations! After completing some of life’s major milestones – graduating college, getting a job, and making your big move to a new city, you’re ready to start looking for your own place.
But as it turns out, working in your dream city costs a pretty penny. Suddenly, the more affordable rent prices in your small hometown start to sound more and more appealing. You bemoan the fact that a beautiful one-bedroom apartment in suburbia is less expensive than a closet-sized room in a metropolitan area.
Don’t lose hope. PCS Debt Solutions offers ways you can live out your dreams in the location you want without totally breaking the bank:
1. Get Roommates
This is an obvious solution but can be an intimidating option if you’re moving to a new town. Getting a roommate will help you cut down on rental costs immensely. But if you’re not comfortable having a stranger cohabitate with you, ask your friends or family members if they have any connections in your city who may be looking for a roommate.
Going on a long trip? Subleasing your room or apartment is a simple but effective way to save rent money. If you live in a college town, you’re bound to find many students looking around for a place to stay over the summer or winter breaks.
But if you’re not going away, subleasing can still be a great option for you. Often times, renters are locked into leases on their apartments but need to move out for work or other important reasons. If you’re stuck in this situation, you may want to consider finding someone to take over your lease instead of shelling out extra money to pay for a place you’re no longer calling home.
Vacation home rentals aren’t just for travel getaways anymore. Before signing up for a yearlong lease, test the waters by booking a stay through Airbnb first. This also may be an ideal choice for those who are trying out a new city scene for the first time or those whose jobs have them working in different locations throughout the year.
Some Airbnb hosts offer rooms for less than $50 a night. Depending on where you live, $1,500 monthly rent will be cheaper than a one- or two-bedroom apartment.
4. Cut Transportation Costs
If you’ve already found your dream apartment and it’s close to your work, you can probably ditch your ride. If your area has a solid bus or rail system, you can take these modes of transportation to the office rather than spending money on gas to drive yourself. So this option doesn’t technically help you lower your rent costs – but it does give you a source of money you can use towards your rent.
5. Dream Big, Live Small
How much space do you actually need? Probably not as much as you think. You may be sacrificing space by downsizing to a studio apartment, but your wallet may thank you in the future. Plus, there’s plenty of interior design blogs that can give you the inspiration you need to make your studio apartment feel homey and roomy.
At PCS, our programs are tailored to the client’s specific financial needs. What sets us apart from our competitors is that clients see relief, before any payment is received. Our NO UP-FRONT FEE policy ensures our client’s a 100% satisfaction guarantee. We also do not charge any monthly fees or any cancellation fees. We want the client to feel comfortable during the whole process that’s why we allow them to be part of it every step of the way.