Buying real estate and figuring out where you want to live an important decision, even if you only end up living there for a year. If you want to live a low-cost lifestyle, you should look for an apartment in the city. This will give you an enormous selection of apartments to look at and analyze until you find one that fits your needs. It is important to focus on certain details to ensure you are able to have a lifestyle with minimal costs.
Studio or One-Bedroom Unit
The first thing that you will want to look for is a studio or one-bedroom apartment. A studio will usually be cheaper, but you may have determined that you need an actual bedroom for your situation. Whether you are looking for a studio or one-bedroom unit, the next detail to focus on is size. It is almost inevitable that you will have to pay more for rent in an 800-square foot unit compared to a 500-square foot unit. An excellent plan is to look at apartments in person to figure out what size you are comfortable living in. Prioritizing the lower end of the spectrum will help you find affordability that also meets your needs.
Grocery Store Proximity
One of the expenses that you will have throughout the month is groceries. Where you go shopping can have a huge impact on how much you end up spending each month. For instance, a premium grocery store will cost more than a store where you bag your own groceries in exchange for lower prices. It is ideal to look for apartments near a grocery store or two that always has excellent prices. You cannot go wrong with a unit that is close enough to two affordable stores where you can get the groceries you need. The city will give you lots of flexibility with dozens of grocery stores and thousands of apartments to pick from.
The final detail that you should look at is your transportation options. Being able to use public transit or even ride a bicycle and get almost everywhere you need to go on a regular basis is incredible. But, you will also want to think about traffic and your commute as this can lead to additional costs. It is ideal to look at traffic patterns to end up in an apartment that allows you to skip traffic on most or all work days.
Finding an apartment with these tips in mind will ensure you find one that allows for a low-cost lifestyle.