San Diego in southwest coast of California is one of the largest cities and top ten places to live in US. Living in apartments in San Diego can be expensive. With an Annual Median Household income of $66715 (2008 study) it has a well-to-do population and is a safe place. Its economy is driven by industries like biotechnology, military, telecommunication, software, shipbuilding, computer & sports good manufacturing, agriculture, etc.
The city is headquarters for industrial giants like NASSCO, General Atomics, Qualcomm, etc. With long beaches, very attractive climate (AMT close to 23 C) and trendy and quiet neighborhoods, this place has attracted many people to settle after retirement. However, since the job market tended to take a downturn in recent years due to recession, affordability of apartments decreased by more than 20% and people started migrating from the costly areas of the city to away-from-city locations in order to settle in affordable areas.
The cost of San Diego California apartments in recent years has gone up and created a "Housing Affordability Crisis." However, efforts were made by San Diego Housing Commission and as a part of affordable housing program, with the participation of San Diego city, California state and Federal administrations a number of Housing Projects are executed by private developers. To be eligible for affordable apartments under such schemes, your family size and annual income restrictions apply depending on the cost of housing development, which is calculated as a percentage of Area Median Income (AMI) as well as the location in the city zones.
Greater the AMI, greater is the annual income limit and greater is the rent. Typically at the low end of AMI (say 30% AMI), for a family of four a 3 BR apartments for rent will cost $479 as rent per month and at the high end say 100% AMI for a similar family size and similar apartment the rent is $1498.
San Diego apartments for rent under the names Rancho del Norte (rent range $214-$914), Maripose apartments ($216-$896), Rancho Buena Vista ($663-1024$), The Crossing ($772-$869), La Costa Polana ($570-$1000), Fullbrook View Apartments ($295-$757) fall under the right and affordable category.
You have to evaluate your income-expenditure and can decide using online realty sites for renting apartments. You could also take help from local news papers and real estate magazines to find the right place to rent and at an affordable price.
If you are looking for San Diego apartments, internet is the best place to look. For hassle free experience finding San Diego California apartments, get a local realtor who is experienced. Good apartments are available in plenty, but you have to rely on the best resource there is. There are quite a few San Diego apartments for rent as well if you are not looking to buy one right now.
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http://EzineArticles.com/?Finding-Right-and-Affordable-Apartments&id=5658980
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