Why is the mobile home segment of the housing market so important and yet so maligned by society? The answer is a combination of ignorance, misconceptions, and images from the past where the “trailer trash” notion has been widely portrayed in movies and on television. Realistic vestiges of those images do remain. But today, many mobile home neighborhoods have cleaned up their act, while still providing housing at a very low cost. Without this layer of low cost housing, America would have a much larger number of subsidized renters (or even homeless). Although monthly rental costs for a mobile home vary by quality of location and park amenities, in most markets a family can have a three-bedrooms, two-bath home with a yard for approximately one-half the cost of living in an apartment.
While location, location, location is something we tend to emphasize a lot, the best places often come with compromises that are hard to come to terms with—chief among which, the financial matters. But price in itself isn’t everything either. After all, renting a space to live in is all about, well, space. And if you’re anything like us, the more stretch you get for your cash, the wider your grin, so apartment size is important. Then again, you cannot lose sight of location completely…
Here’s what $1,500 rents across the US—from 271 sq.ft. in Manhattan to 1,948 sq.ft. in Memphis
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