When I travel, I prefer renting an apartment, the cheaper the better. But the food is important.
Cool strategy. And the local good food you can always find in a local good restaurant. To eat out there or to buy take away food too. A good grocery store in a neighbourhood can never do any harm for sure.
And I disagree - I'd rent the best available apartment. Otherwise what's the deal - you work and toil for what ? To save some more or to make a great choice for temporary lodging. I take the second option - this way each my trip is a cool adventure.