14 Ways to Find Affordable Rent for Retirees

Affordable Rent For Retirees
Photo by fizkes at Shutterstock

Look For efficiency units

Another budget-friendly option to traditional housing for affordable rent for retirees is an efficiency unit. It might sound odd, but the efficiency unit was once a mainstay of the US housing market.

They were often converted motels or hotel rooms with access to a shared kitchen. And apparently, they’re making a huge comeback.

Renting out an efficiency unit, if you can find a vacant one, is significantly more reasonable than apartments in similar areas and is usually available to rent weekly or month-to-month.

Provide good references

It isn’t always easy for landlords to find reliable and trustworthy tenants. So you should try to position yourself as a model tenant by highlighting your excellent credit score, stable income, and spotless reference letters from previous landlords.

They’re also more likely to agree to a rent reduction if you’re a high-quality tenant who wants to resign a lease.

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