10 Cheap Housing Options For Affordable Living

Are you bored of traditional houses and the sky-high prices that come with them? You don’t have to call it quits just yet. We’re going to show you some of the inventive, economical, and cheap housing options to help you build your lifestyle. Here are 10 affordable living options for you to explore!

1. RV

Reuters

When it comes to inexpensive housing options, RVs top the list! You can always buy an older RV and remodel it over time if you don’t want to invest all in one go.

If you search the internet for people who have converted outdated motor homes into wonderful homestead cabins, you’d be impressed. Even if you don’t want to live there indefinitely, it might be a good interim solution until you can save enough money to find something more suitable.

2. Earth Berm

via Build Abroad

This fantastic concept is among cheap housing options that weren’t explored until lately. When building a wood home, insulation is needed to keep everyone warm.

As a result, these structures leverage earth mass as exterior thermal mass against building walls to decrease heat loss and maintain a consistent internal air temperature throughout the seasons. Earth sheltering’s popularity grew largely as a result of studies into energy saving in residential construction.

Originally intended as cave houses within a traditional environment, its progress via technology has resulted in the creation of personalized earth dwellings all over the world.

Renting a bedroom might make sense if you’re single. Bedrooms with their own outside door and private bathroom are the best if you value your privacy. These are similar to efficiency apartments, although they usually cost less to rent.

3. Tiny House

via Pmmag

Tiny house lifestyle has recently hopped onto the trend of affordable living options.

Many people are drawn to it since it offers all of the comforts of a regular-sized house but with lesser square footage. The best part is that they can have all of these luxuries for a fraction of the price. A tiny space might be less expensive if you live light and are orderly.

4. Free Spirit Sphere

via Traveltriangle

The free spirit sphere home raises the bar for tiny houses to new heights. It’s essentially a spherical tree home that swings from the branches. For an adventurous person seeking cheap housing options, this one is perfect.

5. Earthship

via mdpi

Earthship homes are among one of the most affordable living options that are also sustainable. Earthships were first introduced in the 1970s, and they were made out of tires, glass bottles, and cans.

It has a passive solar system, and the structure is made with both upcycled and natural materials such as earth-packed tires. With minimum building waste and an off-the-grid lifestyle, this is a terrific eco-friendly home that, if commercialized, could improve society.

If you’re interested in learning how to construct a home like this, check out the earthship website. This might be the home for you if you enjoy the notion of living a green lifestyle and owning something unique.

6. Silo Home

via YouTube

Silo homes fall under cheap housing options with a rustic charm.

They may seem to be nothing more than plain old grain silos on the outside. But once inside, you’ll find that they’ve been totally converted into unique living space, often reaching several stories tall and keeping a surprisingly bright and airy feel.

They can be composed built with a variety of materials, including wood, concrete, cast concrete, and steel panels. So, if you’re seeking a house that won’t break the bank but yet has an aesthetic appeal, you might find it in the design of a silo home.

7. Condo

via Bankrate

Condos are often less expensive than homes because they come with no land, making them one of the best cheap housing options. A condo can typically be purchased for half the price of a house.

Sure, you’d need to pay HOA dues every month, but they are still among inexpensive housing options due to the lesser upkeep, insurance, and property taxes as compared to others.

8. Manufactured house

via Millionacres

Consider buying a manufactured house instead if you don’t want to pay the price of a typical traditional house. Manufactured homes are a sort of prefabricated houses that are developed in factories and then transported to the desired location.

They aren’t as cheap as some of the other alternatives on the list. But they are much less expensive than the average house. For large families, manufactured housing is a wonderful low-cost solution.

9. Buy a duplex or triple

via Houseplans

If you prefer conventional cheap housing options, purchase a duplex or triplex. You’d still have your own personal living area and a property that’s like a regular home, but it will be less expensive than a traditional house. On a multi-family property, you can find some excellent offers. Duplex homes have the advantage of allowing you to reside in one apartment while renting out the other. Additionally, the rental revenue can then be used to pay down the mortgage.

10. Get A Room & Roommate

If you’re looking for affordable living options, consider renting a room and co-live with someone. It’s generally cheaper than renting an apartment or buying a home. Moreover, utilities are often included in rentals, and you can easily cut down on costs with roommates.

Roomi is one of the finest places to look for such cheap housing options along with great roommates. It’s safe, guarantees your privacy, and has no monthly subscription fees. And, signing up from any city on Roomi is completely free.

Browse affordable rentals on Roomi!

To Wrap Up

There are a variety of cheap housing options out there for you to explore. From small homes to dwellings on wheels, under the ground, and even hanging from trees, there’s something for everyone. Take a chance, go along the road less traveled, and who knows what can happen? You might come up with a new living arrangement and extra money in your bank account.

If you’ve made your decision and are looking for cheap rentals, we’ve got you!

Find affordable rooms on Roomi today!