Rent takes up a sizable chunk of monthly income of many people around the world. People do try to find out ways to save on rent. Rent, being a recurring cost, can help you save a lot, if kept low or entirely avoided. Below are the 6 ways which may help you to save on rent:
1. Excellent location [near your office or university] may be costlier. Try finding a location little far away from your desired location and find cheap ways of commuting [public transport, car pooling etc.].
2. Avoid property dealers and try to search the apartment or flat yourself, look for newspaper ads instead. This will save the property dealer’s fees.
3. Try sharing your apartment with your friends and in a way share rent, bills etc.
4. Compare the flat/apartment with a PG (paying guest) facility. PG facility with food may be cheaper than independent apartment.
5. Avoid furnished apartment and instead buy some cheap furniture. There may be some items in the furnished apartment which you don’t need but you have to pay for those unnecessarily.
6. If you have time, compare different flats/apartments cautiously based on rent.