10 Best States for Renters. - YouTube

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- [Briggs] What is going on everyone?

Welcome back to The World According to Briggs.

I am Briggs and I do videos on request.

At least today I do.

I do a lot of videos about home prices, where to buy a home

things like that.

And every single time I do, I get requests

about doing a video about rent prices in the United States.

Housing costs vary from state to state.

Rent prices across the United States are increasing

as the economy gets back on its feet

and more people have jobs.

The US rental market has seen an increase in demand

for apartments and house rentals over the last decade.

Renting is often seen as more affordable than buying a home.

Rent prices in major cities and metro areas

around the US are becoming increasingly expensive.

Millennials in general, aren't as big into buying houses,

as let's say the baby boomers and gen Xer.

They just would rather rent it seems like.

Anyway, things have been increasing until COVID hit.

That sort of dropped rental prices a little bit,

but now they're starting to increase again

as we come out of the pandemic.

The average monthly rent

for a one bedroom apartment in 2021 is $1098.

That was the very beginning of 2021

and it should increase as the year goes on.

Today's list is from the US census community survey.

It detailed the average rent prices in each state.

If you're living in a major city in one of these states

it might seem a little bit off.

Remember, this is the state's average.

Today we're going to look at the states

with the cheapest rent on average in the country for 2021.

All right, let's take a look.

Number 10, Oklahoma.

The Sooner State is one of only 20 states

in the country that have an average rent

for one bedroom that is under $1000.

Not sure how much longer this will be

as Oklahoma and Oklahoma city become more

and more popular with Californians fleeing California

which always makes the locals excited.

When you get more Californians in, everyone's excited.

They bring in more money and new ideas.

And we all know how Oklahoma likes new ideas.

The average rent for a one bedroom apartment

in Oklahoma is $815 a month.

If you get out of the big cities like Tulsa

and Oklahoma city, you start seeing rent on average

around $674 a month.

35% of the population rents in Oklahoma.

Number nine, Montana.

Montana is a fairly inexpensive state all the way around.

Renting or buying is considered very affordable.

And only about 17% of the residents

in Montana actually rent.

Not a lot of apartments are there to rent

but the entire state must've found a sale

on double-wide trailers

and they got plenty of them for rent.

The average rent for Montana is $810 a month.

But when you get outside

of what they consider bigger cities,

Billings, Missoula, Bozeman, you start seeing rents get

somewhere around $700 a month

for a one bedroom apartment.

This is another state that is starting to see a lot

of Californians show up at the front door.

So prices are bound to go up.

Number eight, Ohio.

The Buckeye State doesn't have the problem a lot of states

on this list have, which is Californians moving in there

and raising the prices.

Actually, they don't have anyone moving in there.

There's like an exit only type

of situation going on in Ohio.

It's almost like they took away the welcome sign

as you enter Ohio and just put a big middle finger up there

or something like that and give people

the idea we don't want you here.

Reality is they do want you there.

It's just, no one's going to Ohio.

I shouldn't say no one.

I'll be going there October 31st.

And that's only for a couple of days.

So I could see the Pittsburgh Steelers play

the Cleveland Browns, but trust me, within hours after

the game I will be on a plane heading back home.

The average rent in Ohio is $808 a month

for a one bedroom apartment that is not bad.

That's from the census.

I did see other reports where it was a lot lower.

So it's kind of weird.

I did see one report that said the average rent

for a one bedroom apartment in Ohio is $675.

So I don't know.

I'm going with the census at their 808.

Number seven, Alabama.

I give the Hart of Dixie a hard time

on my channel quite often, and maybe it's unfair

but they got a lot of backwoods places that need some help

and they need their politicians to do the right things.

Some of their cities are amazing though.

Huntsville, Mobile, parts of Birmingham and Montgomery,

they all have nice things.

It's just some of their backwoods towns

are a little too backwoods for most people's liking.

But like most of the states on this list,

it's a very affordable place to live.

Not just in housing, everything, their cost

of living is pretty low.

For a one bedroom apartment in Alabama,

you're looking at $792 a month.

I looked up Huntsville on apartments.com

and you could find nice places

for about 852 thousand bucks.

Somewhere in there, you get a really nice place to live

but their average is 792.

Number six, Iowa.

Not a lot of people are moving to the Hawkeye State

even though it's really inexpensive.

I've said before, if you want a quiet life, Iowa is great.

If you're looking for a nightlife

or a lot of things to do look elsewhere.

The hardest part about moving to Iowa is actually

telling your family you're moving to Iowa.

They'll all give you that look

like you got a really bad haircut

and they just kind of look at you for a second.

They don't want to say anything

but you could tell in their eyes, they're all,

"Are you off your medication?"

If you do decide to move to Iowa,

I would suggest bringing a job

like a remote worker or something like that.

This is a great place for that.

You got a low cost living and low rent prices.

If you want a one bedroom apartment in Iowa,

you're looking at $789 on average.

I looked at Des Moines, Iowa just kind of get a grasp

of what's going on there on apartments.com.

They've got a lot of really nice apartment complexes

that have sprung up I'd say

within the last five or six years.

Those can get a little above the average, but not terrible.

I mean, I was looking at, most of them were right

around 850 to $950 a month.

That was in the newer places.

Number five, Mississippi.

The Magnolia State is definitely a state you want

to have a job lined up or be able to bring a job

with you before you actually move here.

They don't have many jobs to go around.

Now that helps out with a couple of different things

low housing prices and a low cost living.

There's so much that goes into Mississippi.

That's just part of it.

Poverty is one of the other things that goes

into Mississippi and they got a lot of that too.

31.8% of the residents in Mississippi actually rent

where they live which is a very high number

when you consider how cheap housing is here

both rent and owning a home.

The average rent for a one bedroom apartment

in Mississippi is $780 a month.

Number four, Kentucky.

Not a lot of people are moving

to the Bluegrass State these days.

So it doesn't matter how low the rent is.

Well, maybe it does.

It just hasn't got so low

that people actually moved to Kentucky.

The only states that show any really good migration

into Kentucky are border states.

States that surround Kentucky are pretty much

the only people moving in there.

I mean, sure, from other states too, but not that many.

A couple of months ago, I was doing a video

on states that are losing population.

And while I was researching that I came across a study

where they asked people why they were leaving

the state they were in and it always went the same thing.

Job, cost of living, traffic and taxes.

Kentucky was only one of two states

where the residents said politics or politicians

in their top four.

Kentucky is the third worst when it comes to jobs.

They also have some of the lowest

on average wages in the nation.

So obviously it's going to be cheap to live here

and it definitely shows that by their rent prices.

The average rent in Kentucky is $763 a month

for a one bedroom.

Number three, South Dakota.

This one was the first one that kind of surprised me.

South Dakota has become a very popular state

in the last five or seven years.

A lot of people are moving in there.

They don't have an incredible amount of crime,

decent cost of living.

They do have an uncomfortably high percentage

of fathers wanting DNA tests at delivery.

I thought that was weird.

South Dakota isn't knocking it out of the park

with really good jobs so if you're a remote worker,

this might be a good option.

You know, you might have to worry

about some pretty cold winters.

They get cold there but other than that,

South Dakota is not a bad state.

The average rent in South Dakota is $747 a month.

Number two, Arkansas.

I think we all knew this gem was going to be here.

You know, there's a rule of life.

South Dakota kind of broke that rule on this list

but the cheaper you are the more you suck.

That's just how the world works and Arkansas is very cheap.

They got tons of crime and tons of poverty.

They don't have a lot of good jobs other than

the northwest corner of the state.

So of course, things are going

to be a little bit cheap here.

Their cost of living is pretty low and their rent

and houses are really low too.

The average rent for one bedroom

in Arkansas is $745 a month.

Now, before we get to number one,

don't forget to hit that subscribe button.

Also move on over to our other channel on this day,

watch a couple of videos, give that a subscribe.

All right, on to number one.

And number one, West Virginia.

That's right.

The great state of West Virginia or the Mountain State,

whatever you want to call it is the cheapest place for rent

in the United States.

I love West Virginia.

Been there a few times.

Charleston's one of my favorite cities to go to,

have a beer, relax, hang out with friends.

I love Charleston and I love West Virginia.

They do have some problems don't get me wrong

and I brought them up many times on other videos

that West Virginia has been in bad shape

for a very long time because the loss of coal industry

the opioid crisis, and just so many other things.

They have so many backwoods little towns.

That helps bring down just about every stat

that West Virginia has.

Let me put it to you this way.

If you could buy backwood towns, West Virginia is

where you'd go to buy them in bulk.

They've got that many, but the cities like Huntington,

Morgantown and Charleston are great places

to visit or live I'd say.

Harper's Ferry is pretty nice place to visit also

that's a very historic little town.

But with all its problems,

West Virginia has an extremely low cost of living

and even lower property and rental costs.

The average rent in West Virginia is $725 a month.

$20 drop from Arkansas.

I thought Arkansas was cheap, but I looked at apartments.com

for Charleston, their most expensive city.

And honestly you can get really nice apartments

that have been built within the last 10 years,

cool that whole bit and it might run you 850.

It goes up to about a thousand in most cases,

the really nice ones but it's not bad, very inexpensive.

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All right, that's today's video.

Hope you guys enjoyed it.

Hope you got some information out of it.

Now go out, have a great day and be nice to each other.