APARTMENTS FOR LESS
Rental prices aren't set in stone, even in highly competitive markets, so elbow grease and negotiation skills can yield hefty savings. Just ask Davis Nguyen, an associate at the management consulting firm Bain & Co. in San Francisco, one of the priciest cities in the country. While the average cost of a one-bedroom apartment is nearly $3,500, Nguyen pays less than half the median price for his place. He cites the effort he puts into getting to know the landlord and the way he approaches the application process. Here are some of Nguyen's top tips for securing a discount on rent, as well as additional tactics for those already renting.