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The cost is similar to a hotel, but you get a money-saving kitchen.

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There has probably never been a better time to find a great deal on a rental condo. Owners are cutting prices, plus a condo can offer savings over a compa-rable hotel room. With most condos, you get a living room, multiple bedrooms and a kitchen, which allows you to save on the cost of eating out.

How to find one:

1. Check online at sites such as PickPackGo.com and Zonder.com to find professionally managed rental properties. Other sites, like HomeAway.com and its subsidiaries, offer a mix of managed and personally owned properties. If you want to skip the middle man and deal directly with a homeowner, check out VRBO.com.

2. Search for a time share. They often are put up for rent at MyResortNetwork.com and RedWeek.com.

As with any rental, be sure to protect yourself when reserving the property. Pay with a credit card or via PayPal. That will allow you to get your money back in case something goes wrong.

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Everett Potter is a regular contributor to Ski, ForbesLife, and National Geographic Traveler magazines, as well as ForbesTraveler.com. He also has appeared on the Today show, CNN, CBS, Fox, Bloomberg Radio and NPR's All Things Considered. He writes about travel for USA WEEKEND.