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9 Ways To Lower Your Monthly Rent (Now and Later)

by | Aug 21, 2022 | Renters, Typ

9 ways to lower your rent

If you’re a renter, then you know the monthly pains that come when it comes to forking over a ton of money to your landlord each month.  In fact, rent is often the most expensive (and arguably most important) expense we pay each month.  It’s a sad fact, but paying your rent every month can feel like a treadmill that you can never escape. But it doesn’t have to be that way. 

Lower Your Rent While You Can

What if we told you that there are real, proven methods we can teach you to lower your rent? It might seem ridiculous at first because you’re not the one who sets the price of your apartment’s rent. But trust us– we’ve seen these methods work time and time again. These are easier said than done, but so worth it when it all finally pays off.  Act now, because we’re in an ever-changing landscape of federal regulations and shifting financial circumstances. Are you ready to take control of your rent payment each month? Great. Let’s change your situation now.

Lower Your Rent Now, and in the Future

Simply put, here at Renter’s Best Friend we only offer proven, legitimate methods that we know work. And the fact is, some of those methods can work very quickly…and others take a bit longer to start working.  We recommend using a mix of methods so you’re covered both now and later and keep lowering your rent over time. Time to lower your rent and help you find financial freedom. 

1. Buying a Home Has Lower Payments Than Rent (Really)

What if your rent payment wasn’t a rent payment at all? Another way to lower your rent is to ditch your landlord altogether, and finally, become a homeowner.  Did you know that buying a home almost always has lower down payments than getting into an apartment? Not only that, but you can often get downpayment assistance from the Federal Housing Administration (FHA).  

When all is said and done, your move-in costs will be lower overall, and your first payment isn’t due until two months after you close. Now factor in that you’ll have lower payments than rent, and you can see how you can save a ton. But that’s not all! Did you also know that your payments are tax deductible so you’ll get a bigger tax refund in most cases?

First Time Home Buyers, This is For You

If you said “I can’t own a home,” you might actually be surprised. Before you dismiss this option, you may want to hear about some interesting developments that we’re aware of.  First, did you know that there are tremendous opportunities for first-time home buyers? So many who have dismissed the idea of owning a home are missing out.  If you’ve never owned a home, you have to click here and give these first-time home buying options a shot. Don’t miss out like so many others.

Still Don’t Think You Can Own a Home?

Don’t think you’re able to ditch the landlord with that option? Well, we’re not done. Did you know that there are also rent-to-own options for homes?  You’re renting anyway– why not see if you can change your situation and get into a rent-to-own home? You never know unless you try. Click here to see if you’re eligible for a rent-to-own home right now.

2. Rent Out a Room in Your Dwelling

One way to lower your rent is to share the burden of the cost with someone else. Have you considered renting out one of your rooms to someone else? If you can find a trustworthy, reliable tenant, you can sublet a room to them through sites like AirBnB, and then take that amount and put it toward your own rent. 

Are you in an apartment? This can still be an option, believe it or not! You don’t necessarily have to be a homeowner for this method to work. If you are in an apartment or renting a home, you’ll definitely want to look into your lease first– and be sure your landlord is okay with it.  Ready to give this a shot? Click here to learn more about getting your listing started. 

3. Upgrade Your Job Prospects

Being real, perhaps you’ve already searched for a better job, but you’re just not in a position to get employment that’s better than what you already have. For some, they don’t have the credentials or education needed to advance to their dream job. If that’s the case, we have some incredible news for you, and your future is looking bright. 

Did you know that you can search right now for possible grants (free money) and school loans that can help you continue (or begin) your education? If you’re ready to take action and take control of your future, click here to start improving your life right now with education. 

4. Have Pets? Get Rid of the Monthly Fees

For many pet owners, their rent is higher due to costly pet fees charged by their landlords or apartment complexes. But did you know that doesn’t have to be the case?  If you get your pet certified as an Emotional Support Animal (ESA) did you know that legally you won’t have to pay the fees associated with normal pets in a rental situation? 

Did you know that Certified Petz is a trustworthy, helpful place to get your Legal Emotional Support Animal (ESA) Prescription Letter? Beware of scams, this is the safest, most affordable way to go. Their quick online questionnaire about you and your beloved pet only takes a couple of minutes. Click here to get started– 95% of applicants qualify.

5. Improve Your Credit Score

So, it can be painful to admit, but your credit score might be limiting your options for where you can live. In turn, that affects your rent (and in many cases your deposit). For some people, their credit score can stop them from getting an apartment at all. That doesn’t have to be the case.   Listen, it’s been a tough few years for us all, but you can take action and get your credit where it belongs.

When you work with a trusted, proven program like Real Time Credit Solutions, you can begin the process of getting your credit score higher so you can have the opportunities you deserve. If you want to learn what your credit score is, so you know exactly where you’re starting out, click here now. Or, if you know your credit might have taken a bruise or two that’s still okay– click here to start the credit repair process now.

6. Upgrade Your Employment Situation

Are you happy with your job? Now more than ever, companies are looking for employees just like you. If you feel like you’re underappreciated, underpaid, overworked, or are just looking for a change, now is the time to find the job of your dreams– so many others are doing it. 

If you’re looking to find your dream job, you should use a tool that isn’t saturated with applicants and one that can get you incredible results. We recommend a powerful but little-known tool called Infindi, and it can help you cut through the noise of other job sites and really get hired. Start looking for your dream job by clicking here and checking out your prospects on Infindi right now.

7. Shop Around

The fact is, oftentimes landlords will hike up the rent of their tenants without blinking, and rent will go up for no real reason. Additionally, if you jumped on the first apartment you saw without researching, you might have also gotten locked in at a higher rate than what you could have gotten elsewhere. 

Did you also know that many areas have new apartments being built all the time? And did you also know that many of these apartments have lower rent because they’re trying to attract new tenants?  There are many reasons that you aren’t getting the best deal possible on rent, and it absolutely pays to look around.  If you’re in a spot where your rent feels too high, don’t be afraid to shop the market. 

8. Launch Your Side Hustle (For Real)

If you’re like most people, there is something that you’re passionate about that you would absolutely love to get paid to do. So why not finally start doing it the right way? If you’re ready to work for yourself, and truly find financial freedom, there is no “quick fix” or “magic bullet”– but there is a blueprint that absolutely works for people like you who are willing to put in the work. 

Joey Matterhorn is our trusted partner, and we know that his program is the real thing. Overnight riches are fairy tales, but hard work using Joey’s blueprint can make you real money.  Click here to get the actual, specific tools that Joey uses and start living up to your true potential. 

9. Get a Roommate 

This might seem like the easiest and most obvious option, but it’s one that people don’t often consider. If you find a roommate you can trust you can pretty quickly split your rent payment in half. Not only that, but you can typically split all of your living expenses such as utility payments and even shared food and other items.

Not only can you enjoy more financial freedom, but many people also form lasting, unique friendships with their roommates. Having a roommate can be the fastest, easiest way to lower your rent where you’re already living. If you’re looking for a new location that would fit you and a potential roommate perfectly, take a look around, and you can find some incredible new rental opportunities.

Which Methods Did You Choose to Lower Your Rent?

This article should have given you all of the information that you need to begin building a plan to lower your rent.  We’re excited to see you start down the path toward lower rent– and eventually financial freedom.  If there’s anything else we can do to help, don’t hesitate to reach out to your friends here at The Renter’s Best Friend. 

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