It depends on the city. Smaller non touristy cities. Your cheapest rents are near downtown core with all the old buildings and the only place density has been allowed to be built for the past 60 years. Bigger cities the central downtown is defintely expensive, i guess in those cities im more so refering to anywhere with apartment buildings density, which can give a downtown feel if older buildings are still preserved nearby. Although a lot of the time they’ve been paved over and thats how we get apartments that stand 20 stories high surrounded by a sea of single story strip malls and box stores.
See, it’s the opposite here. In the nearby city (pop 90k), the downtown areas are hellaciously expensive because they’re closest to amenities. The farther you get from grocery stores and bars, the cheaper it gets. It’s so weird to me that there are places where living next to shopping is cheaper than living far from shopping. It doesn’t help that the downtown apartments are being remodeled into luxe apartments and the suburbs and rural areas are where the affordable housing is being built.
The suburbs are cheaper, but you have to drive to do the shopping, and the rural areas are cheapest because everything smells like cow when it rains, and you have to drive to do the shopping.
Edit: My rural neighborhood is a combination of apartments, trailer homes, and detached housing, and it’s more than a mile from groceries.
In my area it means you can rent something out thats had nothing but the bare minimums of renovations for the past 40-60 years and still get a decent market price for the unit. The stuff that is farther out is newer, more spacious, and often considered in a safer area, so they can ask for more. You are getting a better unit farther out but you gotta pay for it vs living in something run down but saving on rent and transportation.
There exceptions of course, it really depends on the age and desirability of the neighborhood
But built shoddier and rented out cheaper in my area, haha. You could get a newly remodeled apartment in a historic brick building for $$$ downtown or a new apartment in a building that went up in a couple months and is already leaking for $.
I think it depends enough on area that we really can’t make blanket statements.
It depends on the city. Smaller non touristy cities. Your cheapest rents are near downtown core with all the old buildings and the only place density has been allowed to be built for the past 60 years. Bigger cities the central downtown is defintely expensive, i guess in those cities im more so refering to anywhere with apartment buildings density, which can give a downtown feel if older buildings are still preserved nearby. Although a lot of the time they’ve been paved over and thats how we get apartments that stand 20 stories high surrounded by a sea of single story strip malls and box stores.
See, it’s the opposite here. In the nearby city (pop 90k), the downtown areas are hellaciously expensive because they’re closest to amenities. The farther you get from grocery stores and bars, the cheaper it gets. It’s so weird to me that there are places where living next to shopping is cheaper than living far from shopping. It doesn’t help that the downtown apartments are being remodeled into luxe apartments and the suburbs and rural areas are where the affordable housing is being built.
The suburbs are cheaper, but you have to drive to do the shopping, and the rural areas are cheapest because everything smells like cow when it rains, and you have to drive to do the shopping.
Edit: My rural neighborhood is a combination of apartments, trailer homes, and detached housing, and it’s more than a mile from groceries.
In my area it means you can rent something out thats had nothing but the bare minimums of renovations for the past 40-60 years and still get a decent market price for the unit. The stuff that is farther out is newer, more spacious, and often considered in a safer area, so they can ask for more. You are getting a better unit farther out but you gotta pay for it vs living in something run down but saving on rent and transportation.
There exceptions of course, it really depends on the age and desirability of the neighborhood
But built shoddier and rented out cheaper in my area, haha. You could get a newly remodeled apartment in a historic brick building for $$$ downtown or a new apartment in a building that went up in a couple months and is already leaking for $.
I think it depends enough on area that we really can’t make blanket statements.