How to Find and Save Money on Affordable Housing

How to Find and Save Money on Affordable Housing

Affordable housing is becoming increasingly difficult to find, especially in major metropolitan areas. The cost of housing has been rising faster than incomes for many years, and this trend is only expected to continue.

However, there are still ways to find and save money on affordable housing. In this article, we will provide tips on how to find and save money on affordable housing, including government programs, shared housing, discounts, negotiation, and living in less desirable areas.

How to Find and Save Money on Affordable Housing

Government programs

There are a number of government programs that provide subsidies for low-income renters. These programs can help you reduce your housing costs significantly.

Some of the most common government programs for affordable housing include:

  • Section 8: Section 8 is a federal program that provides rental assistance to low-income households. If you qualify for Section 8, you will receive a voucher that you can use to pay rent to a participating landlord.Opens in a new windowwww.mallareddyecw.comSection 8 housing
  • Public housing: Public housing is another federal program that provides affordable housing to low-income households. Public housing is typically available in high-rise buildings or townhouses.Opens in a new windowen.wikipedia.orgPublic housing
  • Housing choice voucher: The housing choice voucher program is similar to Section 8, but it gives you more flexibility in choosing where you live. With a housing choice voucher, you can choose to live in a participating landlord’s unit, or you can use the voucher to help you buy a home.Opens in a new windowwww.longbeach.govHousing choice voucher

Shared housing

Renting a room in a shared house can be a great way to save money on rent, especially if you are living in a high-cost area. Shared housing can be found in all types of neighborhoods, from urban areas to suburban areas.

When looking for shared housing, there are a few things to keep in mind:

  • The cost: Be sure to ask about the cost of rent and utilities before you sign a lease.
  • The location: Consider the neighborhood where the shared house is located. Is it safe? Is it convenient to public transportation?
  • The roommates: Meet the roommates before you sign a lease. Do you feel comfortable living with them?


Many apartment complexes offer discounts to certain groups of people, such as students, seniors, and military personnel. Be sure to ask about any discounts that may be available to you before you sign a lease.


If you are renting from a private landlord, you may be able to negotiate your rent. Be prepared to explain why you are asking for a lower rent, such as if you have a good credit score or if you are willing to sign a longer lease.

Less desirable areas

If you are willing to live in a less desirable area, you may be able to find more affordable housing. However, it is important to consider the safety of the area before making a decision.

Other tips for saving money on housing costs

  • Shop around for the best deals. Compare prices from different apartment complexes and rental agencies before you sign a lease.
  • Consider getting a roommate. This can help you reduce your housing costs significantly.
  • Cook at home more often. Eating out can be expensive. Cooking at home is a great way to save money on food costs.
  • Cut back on unnecessary expenses. Take a close look at your budget and see where you can cut back.

By following these tips, you can find and save money on affordable housing.

Here are some additional tips for saving money on your housing costs:

  • Consider renting a smaller unit. If you can live in a smaller unit, you will save money on rent.
  • Avoid renting in high-demand areas. If you can rent in a less popular area, you will likely save money on rent.
  • Look for apartments with amenities that you don’t need. If you don’t need a gym or a pool, you can save money by renting an apartment that doesn’t have these amenities.
  • Be willing to negotiate on move-in specials. Many apartment complexes offer move-in specials, such as free rent

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top
Need help?
Scan the code