{"id":71983,"date":"2022-07-17T16:14:48","date_gmt":"2022-07-17T20:14:48","guid":{"rendered":"https:\/\/offmetro.com\/ny\/?p=71983"},"modified":"2024-04-19T04:38:40","modified_gmt":"2024-04-19T08:38:40","slug":"tips-on-how-to-rent-on-a-budget-near-central-park","status":"publish","type":"post","link":"https:\/\/offmetro.com\/ny\/71983\/tips-on-how-to-rent-on-a-budget-near-central-park\/","title":{"rendered":"Tips On How To Rent on a Budget Near Central Park"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">If you want to rent an apartment near Central Park for the short or long term, you need to be prepared to pay a premium. Rent was high long before the pandemic and other factors caused rent to skyrocket. Today, if you get a studio apartment for less than $3,000 a month, you&#8217;re lucky. The <a href=\"https:\/\/www.wallstreetzen.com\/stocks\/us\/nasdaq\/abnb\/statistics\" target=\"_blank\" rel=\"noopener\">average AirBnb rate<\/a> per night in the area is above $300.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There\u2019s simply no way of renting for cheap in the area, and that is unlikely to change anytime soon. However, there are ways of lowering your other costs when renting around the Central Park area. Here are some tips.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Save on insurance<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">As a renter, you don&#8217;t need to get expensive homeowners insurance. After all, the property itself is covered by your landlord. Rather, you need renters insurance. The <\/span><a href=\"https:\/\/www.lemonade.com\/renters\/explained\/renters-insurance-new-york\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">cost of renters insurance in NYC<\/span><\/a><span style=\"font-weight: 400;\"> is above average. But that does not make it expensive. You&#8217;ll be paying around $25 a month.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is possible to cut down the cost by installing protective devices like smoke detectors in your apartment. You can also lower the cost by choosing a higher deductible. This will mean you pay more if you ever have to claim from insurance, but your monthly fees will be lower.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you own a car, there are ways to cut down on car insurance as well. Many insurance providers offer discounts if you do not drive your car most days of the week. Furthermore, you may be able to get discounts for good driving by allowing your insurer to install a tracking device.<\/span><\/p>\n<figure id=\"attachment_71985\" aria-describedby=\"caption-attachment-71985\" style=\"width: 741px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-full wp-image-71985 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/offmetro.com\/ny\/wp-content\/uploads\/2022\/07\/Tips-On-How-To-Rent-on-a-Budget-Near-Central-Park-.jpg\" alt=\"Tips On How To Rent on a Budget Near Central Park\" width=\"741\" height=\"486\"><figcaption id=\"caption-attachment-71985\" class=\"wp-caption-text\"><noscript><img decoding=\"async\" class=\"size-full wp-image-71985 lazyload\" src=\"https:\/\/offmetro.com\/ny\/wp-content\/uploads\/2022\/07\/Tips-On-How-To-Rent-on-a-Budget-Near-Central-Park-.jpg\" alt=\"Tips On How To Rent on a Budget Near Central Park\" width=\"741\" height=\"486\" srcset=\"https:\/\/offmetro.com\/ny\/wp-content\/uploads\/2022\/07\/Tips-On-How-To-Rent-on-a-Budget-Near-Central-Park-.jpg 741w, https:\/\/offmetro.com\/ny\/wp-content\/uploads\/2022\/07\/Tips-On-How-To-Rent-on-a-Budget-Near-Central-Park--350x230.jpg 350w, https:\/\/offmetro.com\/ny\/wp-content\/uploads\/2022\/07\/Tips-On-How-To-Rent-on-a-Budget-Near-Central-Park--696x456.jpg 696w, https:\/\/offmetro.com\/ny\/wp-content\/uploads\/2022\/07\/Tips-On-How-To-Rent-on-a-Budget-Near-Central-Park--640x420.jpg 640w\" sizes=\"(max-width: 741px) 100vw, 741px\" \/><\/noscript> Renting near Central Park is possible. Photo by on Andrea BelussiUnsplash.com<\/figcaption><\/figure>\n<h2><span style=\"font-weight: 400;\">Get meal kits rather than eating out<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Regularly eating at restaurants has never been the most cost-effective way of life, especially in the Central Park area. However, in 2022 it is more expensive than ever. Record levels of inflation have driven prices up on everything, including all kinds of food. This not only means that the price of restaurant food has risen, but that restaurant owners need to charge higher margins to make a living for themselves as well.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In other words, if you&#8217;ve been noticing that eating out is extremely expensive, it\u2019s only going to get worse. Unfortunately, not everyone has the luxury of being able to cook for themselves after a long day of work.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is why you should <\/span><a href=\"https:\/\/www.moneymanagement.org\/blog\/pros-and-cons-of-meal-kits\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">consider getting meal kits<\/span><\/a><span style=\"font-weight: 400;\">. These meal boxes come with all the ingredients you need to make a healthy dinner, chopped and prepped, along with easy instructions. You pay more for the convenience, but you will still spend less than you would at a restaurant. You save time while getting nutritious food, ultimately saving money as well.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Lower electricity usage<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">One of the effects of Russia\u2019s ongoing invasion of Ukraine is that energy prices are higher than ever. This is felt most in terms of gas prices, but other kinds of energy are also affected. For this reason, the electricity cost could soon increase to deal with the limited supply. As a renter in NYC who pays for electricity, now is a good time to <\/span><span style=\"font-weight: 400;\">learn some new habits<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Make it a habit to always turn off the lights when you leave a room, and especially when leaving the apartment. Consider putting a timer on your boiler as well, considering you don\u2019t use hot water most of the day and it uses a lot of electricity to keep it heated. Unplug devices from wall sockets when you&#8217;re not using them, as they continue to draw electricity otherwise.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If it\u2019s not absolutely necessary, keep the AC off. Of course, in the midst of summer when the weather is at its hottest, this is not an area where you can go without cooling. That said, as the months pass and the weather cools, try and limit your usage of AC or fans.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Walk or use public transport<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">If you drive a car, it is difficult to go back to a life of walking or <\/span><a href=\"https:\/\/offmetro.com\/ny\/71237\/6-useful-tips-for-riding-the-subway-in-nyc\/\"><span style=\"font-weight: 400;\">public transport<\/span><\/a><span style=\"font-weight: 400;\">. However, it may be necessary in the short term. Gas prices are extremely high and are likely to rise. Living near Central Park, you&#8217;re probably spending a lot of time in traffic as well, which is a huge drain on the gas reserves in your tank.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Hopefully, prices will go back to normal soon, but for now, it might be necessary to take the steps you can in order to minimize costs.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you want to rent an apartment near Central Park for the short or long term, you need to be prepared to pay a premium. Rent was high long before the pandemic and other factors caused rent to skyrocket. Today, if you get a studio apartment for less than $3,000 a month, you&#8217;re lucky. The [&hellip;]<\/p>\n","protected":false},"author":149,"featured_media":71984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[754,325],"tags":[],"class_list":{"0":"post-71983","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-manhattan-2","8":"category-new-york"},"acf":[],"mv":{"thumbnail_id":71984,"thumbnail_uri":"https:\/\/offmetro.com\/ny\/wp-content\/uploads\/2022\/07\/How-To-Rent-on-a-Budget-Near-Central-Park--350x230.jpg"},"_links":{"self":[{"href":"https:\/\/offmetro.com\/ny\/wp-json\/wp\/v2\/posts\/71983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/offmetro.com\/ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/offmetro.com\/ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/offmetro.com\/ny\/wp-json\/wp\/v2\/users\/149"}],"replies":[{"embeddable":true,"href":"https:\/\/offmetro.com\/ny\/wp-json\/wp\/v2\/comments?post=71983"}],"version-history":[{"count":0,"href":"https:\/\/offmetro.com\/ny\/wp-json\/wp\/v2\/posts\/71983\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/offmetro.com\/ny\/wp-json\/wp\/v2\/media\/71984"}],"wp:attachment":[{"href":"https:\/\/offmetro.com\/ny\/wp-json\/wp\/v2\/media?parent=71983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/offmetro.com\/ny\/wp-json\/wp\/v2\/categories?post=71983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/offmetro.com\/ny\/wp-json\/wp\/v2\/tags?post=71983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}