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Is Beach Rental Affordable on a Budget?

Many people are struggling financially perhaps due to a lack of work experience, working part-time while attending college classes or simply the overall economy. Younger families may also be paying student loans or have other expenses to contend with.

Affordable beach rent on a BudgetWith these and other factors in mind, you may have your heart set on a beach location but also be focused on trying to find an affordable place to live.

So while you’re probably aware that rental rates close to, or on the beach are higher than rents inland, beach rent can still be affordable if you know how to look. If your heart is set on ocean life, here are a few tips to help you find a dream home that you can afford.

Older Condos or Homes
Real estate agents at  myfloridabesthomes.com recommend that if you want to live close to the beach you should consider looking at older homes and condo units. These may be units that have been well-maintained, or need a little TLC from you to spruce them up. Older homes and condos may be less desirable than newer units that have modern features and décor, but many of these properties have a special charm of their own. By including these as rental options, even Miami Beach homes may be affordable for your budget.

Condos With Fewer Amenities
If you are in the market to rent a condo on the beach, renting a unit in a complex with fewer amenities may be a smart option. For example, a condo in a building with direct beach access, but with no pool or a single small pool may be more affordable than a resort-style complex with several large pools, hot tubs, and a huge fitness center. The more amenities you have access to, the higher your rent will likely be.

Condos Without a View
Another idea is to live in a beachfront condo community in a unit without a view. The units with a beautiful, unobstructed views of the beach may have a premium rental rate, and if you simply want to be close to the water and do not need a view, a condo without a view may be a more affordable solution. On the other hand, if you want the view, and do not mind being across the street or a little farther away from the water, you may also have a lower rent than the beachfront condos with a view.

It may be possible for you to enjoy beach rent on a budget. Keep in mind that things like direct beach access, more amenities, newer units, and views all will have an impact on the rent. As you search for a property to live in, you can keep rent affordable by focusing on finding a unit with the features that are most desirable to you.

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