Just rented a new home in SL. Was originally a premium member with my own place but figured the cost of being a premium member was too much when I would rather spend that money on lindens and get a cheap rental with it.
Managed to find a place through the classifieds. I searched for apartments and tp'ed to a few of the rental places to check out the cost and what the properties looked like and Palm Cove Resort was the first one that met my criteria for being cheap and a decent size for a one room apartment.
The only downside is the prim limit - I only have 20 prims to play with. Looks like I will be furniture shopping this weekend.