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Income restricted apartments are apartments that have restrictions on how much you make if you want to live there. These types of apartments are typically for people with low salaries such as students.

The benefit to the owners of the apartments is that they get a lot of tax benefits if they operate with income restrictions. As a resident, you get the benefit of paying lower than market rent for good apartments.

Check out Craigslist first to find income restricted apartments. You will find many apartments listed. Just search for the apartments which have the lowest rent. Most likely these apartments are income restricted.

Ask a realtor that is in property management to help you find income restricted apartments. Realtors are knowledgeable of the rental market in a city and can help you find these apartments.

Get a free apartment rental magazine from the news stand and flip through it for some ideas about apartment rentals in your area. The rental prices will tell you how much money you can expect to pay for rent in that city.

Finally, try using the service of apartment hunters. Apartment hunters have a deal with many apartments where they get a commission if they refer people to the apartments, so you do not have to pay to use them.

Find out from current residents of the income restricted apartments about the conditions of living in that complex. Does the maintenance take care of problems quickly? Does the staff care about the residents?

Another way you can check out an apartment is by looking up reviews online. If people have had bad experiences living there then they probably wrote a review about it.

Theft can be fairly common in income restricted apartments so you should protect yourself by buying renters insurance. This insurance protects all of your belongs from theft or destruction.