Have you been looking for an apartment in the Henrico area of Virginia, but on a limited budget you feel as though you have little to no chance of finding the right apartment? While having a budget is going to hamper your search slightly, it is still possible to find a great apartment that is going to exceed all of your expectations. We are going to share three great tips on finding a cheap apartment without having to settle for second best.

Finding Your Budget

Considering you are already searching for a cheap apartment, you know that you have to live within a specific budget. However, many people simply think in terms of cheap and expensive. If you want to find the best apartment that you can actually afford, you will want to use some simple math and create a budget that you can work with. If you are not sure how to come up with the amount you can afford an apartment, there is an easy way. Industry experts suggest you should pay no more than 30% of your gross monthly income. So if you are on a very tight budget you may want to slash that number to 10 or 15% to save even more money. This is going to allow you to know exactly how much you should be looking to spend on an apartment and find only those that are in your budget.

Location

The next thing you will want to consider finding a cheap apartment is to search in the right locations. There are generally going to be areas in Henrico that are going to be cheaper than other areas. Believe it or not, you can easily find those locations with little effort on your part. In fact, you can do it all from the comfort of your own home.

Simply go to your favorite search engine and type in city data for Henrico and you will get a listing of all the relevant websites. You can pick any of them as they are all going to have the same information. Look through the information they have available and you will be able to find the average rental rates for specific areas in and around Henrico.

As you can see, it is not as hard as you would think to find an apartment in the Henrico area that is cheap and suits your needs perfectly!