Insurance Navy Names Top 10 Most Affordable U.S. Cities For Renters to Live In
May 12, 2022 at 18:19
Palos Hills, Illinois -
Insurance Navy has found rent to be a lot like renters insurance rates –they are different depending on the location you are rental is in. A question on every new renter’s mind is, “Where can I find the most affordable rental living space?” Now, Insurance Navy is able to answer that question with 100% accuracy with their list of the most affordable U.S. cities for renters. The following are the top ten cities on the list with the most affordable and budget-friendly rental options.
Greensboro, NC - Each small city in the Piedmont Triad area of North Carolina has something that makes them unique. High Point has its furniture market, and Winston-Salem has a historical Moravian district. Greensboro is the largest of the Triad area cities and a starting point that many who graduate from a school in the area use to begin their careers. Average apartment rentals in Greensboro go for about $876 monthly –that’s a price of about $0.93 per square foot, and very affordable.
Corpus Christi, TX - Home to the Texas State Aquarium, Corpus Christi is miles away from all the big cities of the Lone Star state. It’s an excellent city along the coast of the Gulf of Mexico. The Bay area of Corpus Christi is prime real estate for coastal views and affordable rental rates. Average apartment rentals in Corpus Christi go for a very affordable rate of $965 monthly –that’s an inexpensive price of about $1.14 per square foot.
Jacksonville, FL - One may not have expected that one of the country’s major cities would make an appearance on this affordable rental list. In fact, Jacksonville is the largest city by landmass. Jacksonville is a beach town much like the other big cities of Florida, but its lower rental rates make all the difference. Average apartment rental rates in Jacksonville go for about $1,063 per month –that’s an inexpensive price of only $1.10 per square foot.
North Las Vegas, NV - While millions of people visit Las Vegas every year, only a hand full of them actually live there. Outside the tourist-populated Strip are neighborhoods, some with gates just for residents or tenants. North Las Vegas supplies an affordable suburban escape from the neon oasis. Some residents are lucky enough to live in the more mountainous regions of the Vegas valley. Average apartment rental rates in North Las Vegas go for a price of $1,050 per month –that’s an inexpensive rate around $1.10 per square foot.
Lexington, KY - Lexington is a great example of a heartland city. The house of Lincoln's wife, Mary, can be visited here. Lexington is also known for its equestrian culture and Bluegrass regions. Education is another major area of Lexington, so it’s also a college town. Average apartment rental rates in Lexington go for an affordable rate of about $898 per month –that’s an inexpensive price of about $1 per square foot.
Memphis, TN - Right off the Mississippi River and close to the border of Arkansas is Memphis. This is one of the major musical destinations in the United States, with Elvis, Johnny Cash, and B.B. King recording their albums here in the past. They’re also known for their Bass Pro Shop pyramid. Living in Memphis is has a low cost of living compared to other major cities. Average apartment rental rates in Memphis go for an affordable rate of about $788 per month –that’s an inexpensive price of around $0.86 per square foot.
El Paso, TX - Another affordable place in Texas for renting is El Paso. This city rests between the borders of Texas, New Mexico, and the international border of Mexico. This is the largest port of entry on the border, so you can bet this city has an economy and culture based on immigrants.El Paso is one of the safest cities in the U.S. Average apartment rentals in El Paso go for an affordable rate of about $770 per month –that’s a very affordable price of about $0.95 per square foot.
Kansas City, MO - Another affordable border city for a rental is Kansas City between Kansas and Missouri. The main employers of this area are manufacturing, pharmaceuticals, and farms. There are a couple of nuclear facilities in the city, as well as the U.S’s largest agriculture center. Average apartment rentals in Kansas City go for an affordable rate of about $979 per month –that’s an inexpensive price of about $1.09 per square foot.
Indianapolis, IN - The home of the Indy 500 and three Fortune 500 companies is Indianapolis. This city has the second foremost startup economy next to Chicago, four hours away. High quality of life is brought to their residents with an affordable cost of living. Average apartment rentals in Indianapolis go for about an affordable rate of $858 per month –that’s an inexpensive price of about $0.98 per square foot.
Lincoln, NE - Not many people would’ve thought that one of the most affordable places to live would be a state’s capital. There is a focus on education in this college town, with the University of Nebraska being the biggest employer in the area. The Huskers are like their professional sports team with a dedicated following. The capitol building is the city’s largest attraction. Average apartment rentals in Lincoln go for about an affordable rate of $959 per month –that’s an inexpensive price of about $1.02 per square foot.
Renters will also want to make sure that their belongings and property are protected. This is where renters insurance options come in. While landlords handle the building themselves, renters are responsible for their own personal belongings. The average monthly cost of basic renters insurance is a price of about $14 per month. Some cheap renters insurance rates have even been reported to be as low as $5 per month. This assumes the tenant is around 30 and has the standard renters insurance limits like $30,000 in personal property insurance coverage and $10,000 in liability insurance coverage.
About Insurance Navy Brokers
Insurance Navy is a provider of non-standard auto insurance, selling products in over 30 storefronts, a call center, and online in Illinois, Indiana, Wisconsin, Texas, and California. In addition to auto insurance, the company sells other financial products and services, including homeowners insurance, renters insurance, and roadside assistance.
Insurance Navy provides non-standard car insurance to drivers for liability coverage that meets their state’s minimum limits. Insurance Navy specializes in providing SR22 insurance, which is a certificate of financial responsibility for high-risk drivers. They also offer homeowners insurance, renters insurance, and roadside assistance to complement their auto insurance offerings.
For more information about Insurance Navy Brokers, contact the company here:
Insurance Navy Brokers
105 W Adams St Suite 3600, Chicago, IL 60603