One of your exterior siding options is vinyl siding. It is relatively cheap and inexpensive and does not require a lot of maintenance by the owner. The only problem is that it can melt in heat or crack when struck. Another of the options is fiber cement siding. This is not as cheap as vinyl so is not chosen as frequently by homeowners looking to keep costs low. Wood siding is another option, but it is the most expensive, so not a great choice if you are trying to replace you exterior siding on the cheap. It can also rot or warp due to excess moisture, not the best of options for a rainy area.
To decide which of the exterior siding options is best for your home, you have to think of your budget. If you want cheap materials, you may have to replace them sooner. However, many homeowners are okay with this option if they are not going to be living in their current home as their “forever home.” Obviously, those who want to invest more into their home, will be likely to look above the minimalist cheap options and go with something that will last longer and look more stylish.
Another consideration when weighing the options, is which type of exterior siding will fit with the style of your home? You can choose from many styles and materials, ranging from uber cheap to rather expensive. It is all relative to what you want to spend. You also have to check options that comply with any homeowner association regulations. Also, only consider options that you are able to care for. You have to decide how much maintenance you will devote to your exterior siding choice.