Renters in search of high-end apartment don’t have to pay luxury prices in select locations around the country.
RentCafe.com reports that it has compiled a list of 200 zip codes where renters can get great deals on high-quality units, based on an analysis of 10,000 zip codes across the nation.
Half of the selected zip codes have high-end apartments for rents lower than city averages for upscale units — between $120 and $880 below the norm.
- Seattle’s 98116 offers the most savings for upscale apartments in the U.S. Rents are about $880 lower than the citywide average for such units. Seattle has six of the top 20 zip codes for luxury apartments at lower rents — the most of any city.
- Scottsdale’s 85259 boasts a $581 saving on a premium unit. In addition, 90% of apartments have high-end amenities.
- In Madison’s 53718, premium units make up 96.5% of apartments, but renters can see monthly savings of $470.
- Dallas’ 75287 has high-end units for $450 below the typical rent for a luxury apartment in the city.
- In San Jose’s 95125 and 95136, in Silicon Valley, renters can get premium units and save about $380 per month compared to the citywide average for such apartments.
The following locations offer the most luxury zip codes at lower costs:
- Austin, Texas, has 12 zip codes on the list. In several, premium units are priced from $55 to $333 below the typical rent for high-end apartments.
- Atlanta and San Antonio each have nine zip codes where high end apartments go for $378 and $269, respectively, below regular value.
- Denver offers seven zip codes with savings up to $223.
Texas is the top state for high-end apartments at lower rents, with 44 such zip, followed by Colorado with 19 and North Carolina with 16.
Read the full report here.