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Finding an affordable apartment can be difficult in Kentucky, especially in more urban areas. Many renters end up giving up space or a preferred location to pay less in monthly rent. However, if you do your homework ahead of time, it’s possible to locate an ideal apartment for you and your family. Consider these tips as you begin your apartment search.

How to Find an Affordable Apartment

1. Decide on Your Preferred Location

Before you start narrowing down options by price, determine your preferred location. In Lexington, you should find a place that is central to both your job and amenities such as a gym and grocery store. Early morning and evening traffic can be substantial, so it’s best to limit the time you spend commuting. This can also save money on gas and other transportation-related costs.

2. Combine Rent and Utilities

Utilities like heat, gas, and water could make your low-rent apartment too expensive, so consider this extra cost when budgeting your monthly expenses. Sometimes, services are included in your rent. Since utilities range in price depending on your usage and the time of year, it’s usually cheaper to combine all of these services with the rent. This way, you know exactly what you’ll pay every month instead of guessing at a varying price that could put your new apartment out of your price range.

3. Consider a Roommate

affordable apartment Lexington, KYA roommate can reduce the cost of rent by at least half. Living with non-dependent family members can also save you money in the long run. If you like living with people, you can share responsibilities like housework and cooking. Regardless, some apartments will only fall into your price range if you consider living with a roommate. This can be especially beneficial if this is your first apartment, as you won’t have to handle all of the responsibilities on your own.

4. Have Written References

Some affordable apartments won’t rent to you if your references are unfavorable. Ask your supervisors from work for a referral if this is your first apartment, or use other references from previous landlords. However, don’t use your family or friends, as they are biased and aren’t considered reliable references. Regardless of your situation, have your current manager write a letter of recommendation as proof that you have regular income and are likely to pay rent on time.

 

Whether it’s your first or fifth apartment, Ashton Park Apartments will find an affordable apartment for you. Located in Lexington, KY,  and close to multiple shopping centers, colleges, and recreational areas, they’ll help you find the perfect place to call home. Call them today at (859) 389-6000 to schedule a tour, or visit their website to explore the units that they have available.

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