This is one of a series of booklets prepared as a resource for trained Housing Information Volunteers to provide impartial information to older people who have questions of concern about how to find safe, comfortable, affordable housing; how to cut household expenses or use their homes to earn extra income; home maintenance and home improvement; tenants' rights; and local housing subsidy or in-home assistance programs. This booklet provides an overview of rental housing, listing both advantages and disadvantages of renting. Information is provided on selecting a rental unit and potential renters are advised to consider a unit's location, safety, lease arrangement, services, companionship, and suitability over time. Sources of help in finding a rental unit are identified. Other issues discussed include rent subsidies, the lease arrangement, discrimination in housing, types of leases or rental agreements, the rights and duties of landlords, the rights and duties of tenants, ways of resolving landlord/tenant disputes, finding help with landlord/tenant disputes, and insurance. A list of housing publications and a sample lease agreement are appended. (NB)