You may have seen posts on social media from your friends, or from your favorite news outlet, about how apartment rents have skyrocketed in 2022. And, understandably, you might be concerned about how that might impact your cost of living in the future.
But, among all of the chatter involving sky-high apartment rents, it’s important to remember that there’s an alternative that’s much more cost-friendly and can even be of much higher quality: manufactured homes.
Renting a manufactured home in 2022 can be a much more desirable alternative for a number of reasons. In this post, we’ll go over the benefits of renting a manufactured home over an apartment. They might be more notable than you think…
Digging Into Apartment Rents
First, we should talk a little bit about just how high apartment rents have gotten over the past year.
Because of a multitude of factors – including the huge demand for apartments in 2022, inflation, and limited supply – apartment rents have seen a sizable increase.
In fact, according to Redfin, the median rent for apartments increased by 15% from last year. For the first time in recorded history, the average apartment rent is over $2,000 per month.
The Benefits of Renting a Manufactured Home
Fortunately, there are a ton of benefits that come with renting manufactured homes instead of apartments.
You Get To Live In Your Own Home
We could go on and on about the negatives of renting an apartment. Your neighbors are noisy and surround you on all sides, you have less space, you have less security, and you may have to live far above the ground if you’re in a downtown area.
However, by renting a manufactured home, you can rent a home that has more space and is more secure. And, you won’t have to hear your neighbors stomping above you at all hours of the day and night.
Your Rent May Be Cheaper
This is a big one to call out here. In some cases, you may be able to rent a manufactured home for much cheaper than you could rent an apartment.
According to 2021 Datacomp sales data, the average monthly rent for a manufactured home was $1,124 per month. When you compare that to the average of over $2,000 per month for an apartment that we referenced earlier, the cost savings are evident.
You May Have More Utilities Included
If you rent a mobile home in a community (which we’ll get into below), you may be able to save money on some of your utilities.
These days, many communities bundle in utilities such as water, trash pickup, and even high-speed internet. This is a great way to save on your monthly payments while renting your mobile home.
If you’re interested in living in a community and aren’t sure whether specific utilities are included, we recommend contacting the community directly for more information.
Renting in a Manufactured Home Community
Of course, we have to talk about the benefits of renting a mobile home in a community.
Most mobile homes that you’ll find for rent will be in a community. This is a popular way of living in a manufactured home for many residents. It’s especially huge with retired folks who live in 55+ communities.
One of the biggest benefits to renting a manufactured home in a community are the amenities. In a community, you may have access to a number of amenities as a park resident.
For example, you can take a dip in the community’s pool or sauna if they have one, or go for a stroll along their walking trail.
Many communities also have clubhouses or lounges that you can spend time in with your neighbors. And, of course, you can find homes for rent in pet-friendly communities, too!
Find Mobile Homes For Rent
If you’re convinced that renting a manufactured home is the right next step for you, then let MHVillage help you along the way.
Simply head to our mobile home search page and filter your search based on mobile homes for rent. You can do this by simply clicking on the “Homes for Rent” option under the Listing Type menu.