Creating a Healthy Budget for Your Seattle Apartment

Seattle Apartment Budget in 2019

Creating a healthy and stress-free budget for your apartment lifestyle is an important task whether you’ve been renting for decades or you’re about to sign your first-ever Seattle apartment lease.

A healthy budget often means doing a few calculations beyond the simple equation of “income minus rent.” Making sure your rent isn’t too high – or making sure that you can afford the increase in rent you’ll shortly experience after a move into a new place – usually means getting the calculator out.

Here are a few things to think about that can impact your budget each month that you may not realize are making a difference.

Consider Monthly Utilities Cost & Which You’ll Need to Pay

Most apartment property owners have their tenants pay one or two of their utility bills each month, but the exact utilities required can vary from community to community. Virtually all apartment communities have their tenants pay the electricity.

According to, your energy usage can have a dramatic effect on your budget:

“If you’re responsible for your own utility bills, there are some good habits you can establish, even if you can’t upgrade your insulation or install new windows like a homeowner could. Use energy efficient light bulbs, draw shades in the summer and open them on sunny days in the winter… and incorporate fans to help reduce your A/C usage in the summer.”

If you’re not used to setting the thermostat low in the winter to save energy, you may find it more affordable to invest in a soft, downy blanket rather than pay hundreds of dollars extra in electricity or gas fees for the season. If you find the lower temperature completely unbearable, you may be able to reduce your costs elsewhere to balance out the extra money you spend on heating.

Make Some Trade-Offs to Widen Your Choice of Apartment Home

The amount of rent you can afford isn’t necessarily a static number. Making some trades for what you pay and don’t pay can help you increase the amount of money you can dedicate to rent each month.

For example, consider the cost of your commute each week. If you can find an apartment near your work, you may be able to save a lot of money on gas. Imagine your monthly gasoline bill dropping from $180 to $80 with a shorter commute. You could use the savings of $100 for rent in a more desirable community, as well as save the $100 a month for a future down payment on a house or for another large purchase.

Additional trade-offs you can make include:

  1. Make your own food and use your kitchen rather than delivery, take-out, or eating out.
  2. Avoid filling the apartment with furniture unless you really need it.
  3. Find an apartment with a special on rent or perks like free cable or Wi-Fi.

Don’t just look at the rental amount when you search for an apartment. Make sure you consider all costs before deciding whether you can afford a particular Seattle apartment home or you need to look elsewhere. You might want to think about downsizing your life and finding an apartment that fits your exact needs.

Find Your New Home at ClockTower Apartments in Seattle

We know that it’s important to find an apartment community where you can trust your property manager to provide a safe, clean, and welcoming environment for you and your family. We think you’ll love living at ClockTower Apartments and are ready to show you around your future apartment home. Get in touch today for more information.