The economic downturn has seen a rise in foreclosures and a change in homeownership trends across the country. Fewer folks are able to afford the 20% down required by many lending institutions and credit is still not easy to come by.
The result has more people -- families included -- looking to rent an apartment or house. Depending on where you are in the country, renting an apartment or renting a house can be the more financially sound decision anyway. (To know which is the better option for you, check out this NYT tool from last April.)
To make your search for an apartment for rent easier, Apartments.com has just launched a new and improved website with one click access to for rent apartment search results and more relevant searches to help you narrow down choices according to needs and search criteria.
Take a look at the revamped website to experience some of the changes. Happy apartment hunting!