Here’s how to save on your rent: Don’t move, according to a new report.
Renewing an apartment lease instead of moving to a new unit can mean big savings for Houston renters, according to Zillow Inc. (Nasdaq: Z).
The Seattle-based real estate technology company analyzed 2015 rental data from the U.S. Census Bureau and found that Houston renters saved on average $3,337 — or $278 per month — by staying in their apartment for five years instead of moving to a new apartment each year. This calculation doesn’t include moving costs, security deposits and furniture — just rent.
Click to read more at Houston Business Journal.