Seattle Budget Accommodation Strategies
Finding where to stay in Seattle for cheap requires a strategic approach that prioritizes value and location over luxury. Instead of focusing solely on downtown hotels, consider alternative accommodation types and neighborhoods that offer lower price points. Understanding Seattle's public transit system is crucial, as staying slightly outside the immediate city center can yield substantial savings while still providing convenient access to major attractions.
Many travelers assume that budget lodging in a major city like Seattle means compromising on safety or comfort, but this is often not the case when proper research is conducted. By looking into hostels, budget hotels in outlying areas, or even considering short-term rental options outside peak tourist seasons, you can significantly lower your lodging expenses. The key is to leverage less central but well-connected areas, which often provide a more authentic local experience alongside the savings.
When planning your trip, be aware of peak seasons and major events, as these can drive up prices considerably. Visiting during shoulder seasons – spring and fall – often means more affordable rates and fewer crowds. Even within the city, certain neighborhoods are consistently more budget-friendly than others, offering a distinct character and access to local amenities that enhance the overall travel experience without the premium cost.
This approach allows for a more flexible travel budget, potentially freeing up funds for activities, dining, or longer stays. It’s about making informed decisions that align with your financial goals for the trip. By carefully evaluating your options, you can secure comfortable and safe lodging that meets your needs and budget, making your Seattle visit more enjoyable and accessible.
You can find numerous ways to cut down on your Seattle accommodation costs, primarily by considering locations and lodging types that are less sought after by mainstream tourists.
- Hostels and budget hotels offer significant savings.
- Outlying, well-connected neighborhoods provide value.
- Consider shoulder seasons for lower rates.
- Public transit access is key for budget stays.
Exploring Budget-Friendly Seattle Neighborhoods
When you're looking for where to stay in Seattle for cheap, the neighborhood you choose plays a pivotal role in your overall accommodation cost. While downtown Seattle offers unparalleled access to many attractions, its hotel prices reflect that prime real estate. To find more affordable options, venture into surrounding areas that still boast excellent transit links and unique local flavors.
University District (U-District)
The U-District, home to the University of Washington, presents a vibrant and relatively affordable lodging scene. You'll find a mix of older, independent hotels, some motels, and often more budget-friendly short-term rental apartments. Its location along the Link Light Rail makes it exceptionally convenient for reaching downtown, Capitol Hill, and Seattle-Tacoma International Airport (Sea-Tac). The area is packed with diverse eateries catering to student budgets and offers a lively, youthful atmosphere.
Fremont & Ballard
These popular, hip neighborhoods north of downtown are known for their independent spirit, craft breweries, and unique shops. While they might not have as many large hotels, you can often find boutique inns, guesthouses, or vacation rentals that provide better value than central Seattle. Ballard, in particular, offers a strong sense of community and a fantastic food scene. Both are accessible via bus routes, though direct light rail access is less common than in the U-District.
Beacon Hill & Georgetown
For a more local, less tourist-centric experience, consider neighborhoods like Beacon Hill or Georgetown. Beacon Hill offers panoramic city views and is served by the Link Light Rail, making it a solid choice for budget travelers seeking convenience. Georgetown boasts an industrial-chic vibe with art galleries, music venues, and some of the city's most authentic, unpretentious eateries. Lodging here is typically less expensive, and the areas provide a genuine glimpse into Seattle's diverse communities.
Rainier Valley Areas
Parts of the Rainier Valley, further south, can offer even lower price points. These areas are also well-connected by public transit, particularly the Link Light Rail, and can be a good option if your primary goal is affordability and you don't mind a slightly longer commute into the main tourist hubs. It's important to research specific blocks for safety and amenities, but overall, this region can be a treasure trove for budget travelers.
When searching for lodging in these areas, look for establishments that cater to longer stays or offer amenities like kitchenettes, which can further reduce expenses by allowing for meal preparation. Always cross-reference locations with public transit maps to ensure your chosen spot won't lead to excessive travel time or costs to reach your desired Seattle destinations.
You can find a great deal on accommodation by strategically choosing your Seattle neighborhood.
- U-District: Lively, transit-friendly, student-oriented.
- Fremont/Ballard: Hip, local, good food, bus access.
- Beacon Hill/Georgetown: Authentic, transit-accessible, lower prices.
- Rainier Valley: Most budget-friendly, transit-dependent.
Alternative Lodging Types for Savings
Beyond choosing a budget-friendly neighborhood, the type of accommodation you select is paramount when trying to find where to stay in Seattle for cheap. Traditional hotels, especially in prime locations, often come with a premium price tag. Exploring alternative lodging options can unlock significant savings and often provide unique travel experiences.
Hostels: Social and Economical
Hostels are perhaps the quintessential budget lodging option, and Seattle has several well-regarded ones. These accommodations typically offer dormitory-style rooms with shared bathrooms, though private rooms are sometimes available at a higher cost. The primary appeal of hostels, beyond their affordability, is the social atmosphere. They are excellent places to meet fellow travelers, share tips, and often organize group activities or tours. Amenities usually include common areas, kitchens for guest use, and laundry facilities, all contributing to lower overall trip expenses. Check reviews for cleanliness and security, especially for shared dorms.
Budget Hotels and Motels
While not as common as in some other cities, Seattle does have a selection of budget-friendly hotels and motels, particularly those located a bit further from the city center or near the airport. These often provide more privacy than hostels, with private rooms and en-suite bathrooms. They might lack the extensive amenities of larger hotels but offer a comfortable, no-frills base for exploring the city. Look for independent establishments or older chain motels; often, booking directly or through comparison sites can reveal the best rates.
Vacation Rentals (Short-Term)
Platforms like Airbnb or Vrbo can offer competitive pricing, especially if you're traveling with a group or plan to stay for an extended period. Renting an entire apartment or even a private room within a local's home can be more economical per person than booking multiple hotel rooms. The advantage of vacation rentals is often the inclusion of a full kitchen, allowing you to save significantly on food costs by preparing some of your own meals. Be mindful of cleaning fees and local regulations, which can sometimes add to the total cost or limit availability.
Extended Stay Hotels
For longer trips, consider hotels that specialize in extended stays. These properties are designed for guests needing accommodation for weeks or months and typically feature in-room kitchenettes or full kitchens, allowing for self-catering. They often include amenities like laundry facilities and communal lounges. While the nightly rate might seem slightly higher than a basic motel, the ability to prepare your own meals and the potential for weekly or monthly discounts can make them a very cost-effective choice for extended budget travel.
The type of place you choose to sleep in can dramatically impact your budget. Prioritize options that offer self-catering facilities or social environments that reduce the need for paid activities.
When weighing your options for where to stay in Seattle for cheap, remember that privacy and social interaction needs vary greatly.
- Hostels: Great for solo travelers, social interaction, communal kitchens.
- Budget Hotels/Motels: Private rooms, basic amenities, often near transit hubs.
- Vacation Rentals: Ideal for groups/families, kitchen facilities, local living.
- Extended Stay Hotels: Best for longer visits, kitchenettes, cost-effective for weeks.
Leveraging Public Transit for Affordable Stays
One of the most effective strategies for finding where to stay in Seattle for cheap is to strategically utilize the city's public transportation network. Seattle has a robust system, including the Link Light Rail, buses, and streetcars, that connects various neighborhoods and key attractions. By selecting accommodation in areas slightly farther from the absolute city center but still on a major transit line, you can access downtown and other popular spots without paying premium prices for central lodging.
Understanding Seattle's Transit Options
The Link Light Rail is a game-changer for budget travelers. It runs from Northgate in the north, through the University District, downtown, and all the way south to Seattle-Tacoma International Airport (Sea-Tac). This means that staying in neighborhoods like the U-District, Beacon Hill, or even areas further south can be highly convenient and cost-effective. A monthly ORCA card or per-ride fares can be significantly cheaper than paying for daily parking or ride-shares from more distant locations.
Bus Network Effectiveness
King County Metro operates an extensive bus network covering virtually all parts of Seattle and surrounding areas. Many neighborhoods that might not have direct light rail access are well-served by frequent bus routes. These routes often lead directly into downtown or connect to light rail stations, providing flexibility. When researching potential accommodation, always check the transit options available. Websites like King County Metro or trip planners can help you map out routes and travel times from potential lodging locations to your points of interest.
Choosing accommodation near a Link Light Rail station is often the most efficient way to balance cost and convenience. Even if a hotel is a 10-15 minute walk from a station, the savings can be substantial compared to staying downtown. This allows you to experience different parts of Seattle while keeping your travel expenses manageable.
Travel Time vs. Cost Savings
It's a trade-off to consider: how much extra travel time are you willing to endure for how much cost savings? Generally, staying in areas like the U-District or Beacon Hill can save you $50-$100 per night compared to a downtown hotel, while only adding 15-30 minutes to your commute into the heart of the city, especially during off-peak hours. Areas further out might offer even greater savings but could increase travel time to 45 minutes or more, which might not be ideal for shorter trips.
When assessing where to stay in Seattle for cheap, factor in the cost and time of getting around daily. Public transit is your ally in achieving this goal.
Pro-Tip:
Always verify the frequency of transit services, especially for late-night returns or early morning departures, to ensure your accommodation choice remains practical for your itinerary.
Tips for Booking Cheap Seattle Accommodation
Securing the best rates when looking for where to stay in Seattle for cheap involves more than just picking a budget hotel. It requires diligence in booking, flexibility in dates, and smart use of comparison tools. Small details can add up to significant savings, making your trip more enjoyable and affordable.
Book in Advance (or Last Minute)
While booking well in advance is usually recommended for popular destinations, for budget accommodations, there can be two effective strategies. Booking 2-3 months ahead can lock in early bird rates for hostels or smaller independent hotels. Conversely, sometimes last-minute deals appear on booking sites as hotels try to fill unsold rooms. This is riskier, however, as availability can be scarce during peak times. For the most reliable cheap stays, aim for advance booking, especially if traveling during busy periods.
Be Flexible with Dates and Times
If your travel dates are flexible, you can often find considerable price differences. Weekends and holidays are almost always more expensive than weekdays. Mid-week stays, particularly Tuesday through Thursday, generally offer the lowest rates. Also, consider traveling during the shoulder seasons (spring and fall) or off-peak winter months, avoiding major holidays and summer. These periods often see a significant drop in accommodation prices.
Utilize Comparison Websites and Deals
Never settle for the first price you see. Use multiple online travel agencies (OTAs) and hotel comparison websites (like Kayak, Skyscanner, Google Hotels, Expedia, Booking.com) to compare prices for the same property. Sometimes, booking directly with the hotel or hostel can yield better rates or added perks. Keep an eye out for package deals that combine flights and accommodation, as these can sometimes offer savings, though always compare the bundled price against booking separately.
Read Reviews Critically
When looking at budget options, price is a major factor, but not the only one. Thoroughly read recent reviews from other travelers. Pay attention to comments about cleanliness, safety, noise levels, the accuracy of the listing, and the proximity to public transport. A cheap place that's noisy, dirty, or inconveniently located can end up costing you more in frustration and lost time. Focus on value – the best cheap option is one that offers a comfortable, safe, and accessible stay without breaking the bank.
Look for Included Amenities
When comparing prices, factor in what's included. Does the accommodation offer free Wi-Fi? Is breakfast provided, and is it decent? Are there kitchen facilities that could save you money on meals? A slightly more expensive room that includes breakfast might be cheaper overall than a lower-priced room where you have to buy breakfast separately. Similarly, access to a guest kitchen can be a significant money-saver for longer stays.
Smart booking practices are vital when seeking where to stay in Seattle for cheap.
Always check if a "resort fee" or "service fee" is added to the advertised price, as these can significantly increase the final cost of budget accommodations.
- Compare prices across multiple booking platforms.
- Flexibility with travel dates can unlock lower rates.
- Book in advance for security, or look for last-minute deals cautiously.
- Prioritize recent, relevant traveler reviews for insights.
- Factor in included amenities like Wi-Fi and breakfast.
Hostels in Seattle: A Deeper Dive
For travelers actively seeking where to stay in Seattle for cheap, hostels are an excellent resource, offering both affordability and a social environment. Seattle hosts several well-regarded hostels that cater to a range of travelers, from solo adventurers to small groups, providing dormitory-style rooms and sometimes private options.
The Benefits of Hostel Stays
The primary draw of hostels is their significantly lower price point compared to traditional hotels. Dorm rooms, often housing 4-12 people, share bathrooms and offer basic sleeping accommodations. This model drastically reduces overheads, which translates into savings for guests. Beyond cost, hostels foster a strong sense of community. Common areas, shared kitchens, and organized social events make it easy to connect with other travelers from around the globe, share travel stories, and get local tips. This social aspect can be invaluable, especially for solo travelers looking to avoid loneliness.
Key Amenities to Look For
When evaluating Seattle hostels, consider the amenities that matter most for your stay. A communal kitchen is a huge plus for budget travelers, allowing you to prepare your own meals and reduce dining expenses. Free Wi-Fi is standard in most, but check for reliable service and convenient charging ports in dorms. Laundry facilities are also common and can be a lifesaver on longer trips. Look for hostels that offer lockers for securing personal belongings, especially in dorm rooms. Common areas, whether lounges or outdoor spaces, provide places to relax and socialize.
Choosing the Right Hostel Location
While many hostels are located in or near downtown Seattle to maximize convenience for tourists, some can be found in more residential or up-and-coming neighborhoods. Consider the trade-off between location and price. A hostel slightly out of the immediate downtown core, but still on a major bus line or near a light rail station, might offer substantial savings without compromising accessibility. Research the neighborhood's safety, atmosphere, and proximity to public transport links to your planned activities.
What to Expect in a Seattle Hostel
Expect a casual, laid-back atmosphere. Check-in procedures are usually straightforward. While dorm beds are the norm, many hostels offer private rooms, which are more expensive but still often cheaper than a comparable hotel room. Be prepared for shared bathrooms, which are cleaned regularly but require a bit of patience during peak times. Many hostels provide basic breakfast items (like toast or cereal) for a small fee or sometimes included, which can be a convenient way to start your day cheaply. Always read recent reviews, as quality and experience can vary.
Hostels are a prime example of where to stay in Seattle for cheap, offering more than just a bed.
The communal spirit found in hostels often enriches a solo traveler's experience more than any luxury amenity could.
When searching, always look for hostels that have good ratings for cleanliness and staff helpfulness, as these are critical factors for a positive stay.
- Dormitory rooms offer the lowest prices.
- Shared kitchens are ideal for saving on food.
- Social common areas and events help meet people.
- Check recent reviews for safety, cleanliness, and atmosphere.
- Private rooms are available, usually for a higher rate.
Maximizing Savings on Food and Activities
When you're focused on where to stay in Seattle for cheap, it's also vital to extend that budget-consciousness to food and activities. Accommodation is often the largest travel expense, but daily spending on meals and entertainment can quickly add up. Smart choices here will ensure your overall trip remains affordable.
Budget-Friendly Dining Options
Seattle offers a diverse culinary scene, and thankfully, many delicious options cater to tighter budgets. Explore the Pike Place Market, not just for sights but for affordable bites from vendors offering chowder, pastries, or ethnic foods. Food trucks are prevalent throughout the city and provide some of the best value for delicious, diverse meals. Look for casual diners, ethnic eateries (Vietnamese, Mexican, Thai are often very affordable), and cafes in neighborhoods away from the main tourist drag. Packing your own snacks and water bottle can also prevent impulse purchases.
Free and Low-Cost Activities
Seattle is brimming with activities that cost little to nothing. Walking across the Seattle Great Wheel offers bay views for a fee, but simply strolling along the waterfront is free. Visiting Pike Place Market itself is an experience, watching fish throwing and browsing stalls. Many of Seattle's parks, like Discovery Park or Gas Works Park, offer stunning city or Puget Sound views and are perfect for picnics. The Fremont Troll is a unique, free public art installation. Exploring neighborhoods like Ballard and Fremont on foot allows you to soak in the local atmosphere without spending a dime. The Seattle Public Library's central branch is an architectural marvel worth exploring. Many museums offer specific free days or hours; check their websites.
Consider your daily spending on food and fun carefully; these are often where unexpected costs arise.
Utilizing City Passes (Selectively)
While often promoted as savings tools, city passes can sometimes encourage overspending if you're not strategic. Evaluate the total cost of individual attractions you genuinely want to visit versus the pass price. If the pass covers many of your interests and offers significant savings, it can be worthwhile. However, if your focus is on free activities or just a few key paid attractions, buying individual tickets might be more economical. For a budget trip focused on where to stay in Seattle for cheap, prioritizing free activities is usually the best approach.
Preparing for Your Stay
Before you go, do some research on local grocery stores and their locations relative to your accommodation. Identify neighborhoods with a high density of affordable eateries or food trucks. This pre-trip planning can save you time and money once you're in Seattle, helping you stick to your budget without feeling deprived. Bringing a reusable water bottle and a small backpack for snacks can further reduce daily expenses.
By pairing a budget-friendly stay with smart spending on food and activities, you can enjoy Seattle immensely without overspending.
- Seek out food trucks and ethnic eateries for value.
- Explore Pike Place Market for affordable bites and atmosphere.
- Leverage free attractions like parks, public art, and neighborhood walks.
- Check museum websites for free admission days or hours.
- Pack snacks and a reusable water bottle to curb impulse buys.
Safety and Comfort on a Budget
When searching for where to stay in Seattle for cheap, it's crucial not to let safety and comfort fall by the wayside. Budget lodging, particularly hostels or motels in less affluent areas, can sometimes raise concerns. However, with informed choices and a few precautions, you can ensure a safe and comfortable experience without overspending.
Prioritizing Location Wisely
While staying further out can save money, it's important to research the specific neighborhood. Look for areas with good public transit access and a generally positive reputation for safety. Websites and forums dedicated to travel safety can offer insights into specific areas. A slightly higher price for lodging in a safer, well-lit area with easy transit access is often a worthwhile investment for peace of mind and convenience.
Hostel Safety Measures
If you opt for a hostel, secure your belongings diligently. Use the provided lockers for valuables like laptops, passports, and cameras. Consider bringing your own padlock. Be aware of your surroundings, especially in shared dorms. While most hostel guests are respectful, it's wise to keep electronics and expensive items out of sight. Many hostels have 24-hour reception, which adds a layer of security. Don't hesitate to speak to staff if you feel uncomfortable about anything or anyone.
Hotel/Motel Considerations
For budget hotels or motels, always check recent reviews for mentions of safety or cleanliness. Ensure your room door locks securely from the inside and use the deadbolt. If you're in a motel, try to park in a well-lit area, preferably visible from your room window if possible. Never leave valuables in plain sight. If anything feels amiss upon arrival, such as a strange smell or a broken lock, report it to management immediately. Trust your instincts; if a place feels unsafe, it's often best to seek alternative accommodation, even if it means a slight additional cost.
Comfort is subjective, but ensuring basic hygiene, a quiet sleeping environment, and a secure space are universal needs.
General Safety Tips for Budget Travelers
Walk confidently, avoid displaying expensive electronics openly, and be aware of your surroundings, especially at night. Stick to well-trafficked and well-lit streets. Keep a copy of your accommodation address and contact information readily accessible. Inform someone back home of your itinerary and accommodation details. When using public transport, be mindful of your belongings, particularly during peak hours. These simple precautions can greatly enhance your safety regardless of where you choose to stay in Seattle.
Finding where to stay in Seattle for cheap doesn't mean compromising on your well-being.
- Research neighborhood safety and transit links carefully.
- Use lockers in hostels for all valuables.
- Ensure hotel room doors and locks are secure.
- Trust your instincts; report any concerns to management.
- Be aware of your surroundings, especially at night and on public transit.
When to Visit Seattle for Cheapest Rates
Timing your visit is one of the most significant factors in determining where to stay in Seattle for cheap. Like most popular tourist destinations, Seattle experiences peak seasons that command higher prices for accommodation, flights, and sometimes even attractions. Understanding these cycles can lead to substantial savings.
Peak Season vs. Shoulder Season vs. Off-Season
Peak Season: The busiest and most expensive time to visit Seattle is generally during the summer months, from June through August. This period offers the best weather, with sunny days and mild temperatures, making it highly attractive to tourists. Major events and festivals also tend to cluster during this time, further driving up demand and prices. Expect the highest accommodation rates and the biggest crowds.
Shoulder Seasons: Spring (April-May) and Fall (September-October) represent the shoulder seasons. During these times, the weather is often still pleasant, though less consistently warm and sunny than summer. The crowds are significantly smaller, and accommodation prices tend to drop noticeably. These seasons offer a great balance of good weather and affordability, making them ideal for budget travelers. You can often find good deals on lodging and flights.
Off-Season: The late fall and winter months, from November through March (excluding the holiday period around Christmas and New Year's), constitute Seattle's off-season. This period is characterized by cooler temperatures, more rain, and shorter daylight hours. However, it offers the lowest accommodation rates. If you don't mind bundling up and carrying an umbrella, you can find incredible deals on hotels and other lodging options. Major holidays can see a temporary spike in prices, but generally, winter offers the cheapest rates for where to stay in Seattle for cheap.
Impact of Events and Conventions
Beyond seasonal patterns, large conventions and major events can drastically impact accommodation prices. Seattle hosts numerous conventions throughout the year at venues like the Washington State Convention Center. If your travel dates coincide with a major convention, expect hotel prices to surge, even outside of the summer peak. Conversely, visiting during a period with fewer large events can help secure lower rates. Always check local event calendars when planning your trip to avoid or leverage these price fluctuations.
Booking Strategy for Best Prices
To secure the cheapest rates, aim for visits during the off-season or shoulder seasons. If summer travel is unavoidable, try to book your accommodation several months in advance to lock in rates before demand peaks. Mid-week stays are almost always cheaper than weekend stays. Consider combining a shorter stay during a more expensive period with longer stays in more affordable neighborhoods or during less popular times. Understanding these temporal dynamics is key to finding where to stay in Seattle for cheap.
Planning your visit around the calendar can unlock significant savings on your Seattle accommodation.
The weather in Seattle is often mild, but avoiding the peak summer months can halve your accommodation costs.
When checking prices, always compare rates for weekdays versus weekends, as the difference can be substantial.
- Summer (June-August) is peak season with highest prices.
- Spring (April-May) and Fall (September-October) offer good value.
- Winter (November-March, excluding holidays) has the lowest rates.
- Major conventions can inflate prices year-round.
- Book mid-week for better rates than weekends.
Evaluating Value Beyond the Price Tag
When you are focused on where to stay in Seattle for cheap, it's easy to get fixated solely on the lowest number. However, a truly budget-conscious traveler understands that value encompasses more than just the nightly rate. Assessing the overall worth of an accommodation option ensures you're not sacrificing too much comfort, convenience, or safety for a marginal saving.
Location vs. Commute Costs
A seemingly cheap hotel located far from public transport or major attractions might end up costing you more in the long run. Factor in the daily cost and time of commuting. If staying outside the city center means spending an extra $20-$30 per day on transit or ride-shares, that 'cheap' room might not be such a bargain. Conversely, a slightly pricier hotel in a well-connected neighborhood can be more economical overall if it drastically reduces your travel expenses and time.
Included Amenities and Services
As mentioned previously, amenities can significantly impact your budget. Does the lodging offer free Wi-Fi, breakfast, or access to a kitchen? A hostel or budget hotel that includes a free continental breakfast can save you $15-$20 per person per day compared to paying for breakfast separately. Having kitchen facilities allows you to prepare meals, which can cut food costs by 50% or more. These 'free' inclusions are effectively savings, adding substantial value to a cheaper nightly rate.
Quality of Sleep and Comfort
A good night's sleep is fundamental to enjoying your travels. A cheap mattress, excessive noise, or poor heating/cooling can ruin your trip. While budget accommodations won't offer luxury, they should provide a clean, safe, and reasonably comfortable environment. Read reviews specifically mentioning sleep quality, noise, and cleanliness. A few extra dollars per night for a quieter room or a more comfortable bed can be well worth it for your overall well-being and enjoyment.
Hidden Fees and Charges
Always be vigilant for hidden fees. Many hotels, even budget ones, may add charges for things like parking, resort fees, or cleaning fees (especially for vacation rentals). Always ask for a final price breakdown before booking. These added costs can turn a cheap-sounding rate into something much higher, undermining your budget strategy. Ensure you understand the total cost of your stay, not just the advertised room rate.
True value lies in finding a balance that meets your needs without unnecessary expenditure.
Final Assessment of Value
When evaluating where to stay in Seattle for cheap, create a mental checklist: What is the total cost (including fees and transit)? How convenient is the location? Are there amenities that save money (kitchen, free breakfast)? Is it safe and reasonably comfortable? By considering these factors, you can make a more informed decision that provides the best overall value for your budget trip to Seattle.
- Consider total costs: room rate + fees + transit.
- Factor in savings from included amenities like kitchens or breakfast.
- Prioritize safety and a comfortable night's sleep.
- Look for hidden fees that can inflate the final price.
- A slightly higher price in a prime location might offer better overall value.