Meta Description: Do you remember moving into an apartment that seemed perfect only to discover that it was not? This can happen to anyone. Find out how you can mitigate this….
This list can help you to avoid getting too excited about high ceilings and sunny balconies that you forget about things like noisy neighbors and bug infestations.
1. What To Look For And Avoid When Looking For An Apartment
It doesn’t mean you have to reject an apartment you like just because of one red flag. However, the following list will help you determine whether each location is right for you. Have fun with your search!
Will you be comfortable working from home?
Many employers are now adopting permanent work from home policies. This means that renters will spend more time in their apartment. If this is you, make sure that your future space can be used for remote work.
What is the surrounding area like at all hours?
While you may be focused on finding the address, let your eyes wander while you visit a new location. Is it difficult to get there by car or public transport? And is there a lot of fast-food restaurants and bars nearby? Is the apartment near a bus stop or an intersection? Visit this place at various times of day to get a better idea of how noisy and wild it is.
Are the common areas well-kept?
When you approach your potential new apartment, be aware of how clean the common areas, including hallways, stairwells, and stoops are. It can give you clues about the type of neighbors you will be sharing your apartment with and how well the property is managed.
Are there any signs of infestation?
Many people in large cities are used to living with vermin. Some people find the idea of sharing your new space with mice and roaches disgusting. Make sure you do a thorough assessment of your new space. To search for bugs in corners, cabinets and crevices, bring a flashlight. Also, be sure to check for any signs such as droppings, decay or shedding.
What is the state of the building?
Older buildings tend to have more character but sometimes buildings with character also mean higher electric bills. Many old buildings have little to no insulation so if you are renting an older building it might be wise to get an estimate of the previous tenants bills so you can get a better idea of what to budget for.
2. Apartment Hunting Guide For College Students
It can be difficult to find a decent apartment for college students. Finding off-campus housing is not easy. There are many factors to consider, including rent and roommates. Each person has their own ideal space. You must distinguish between your needs, and your wants in order to find the right apartment.
Budget
When it comes to apartment hunting for college students, the most important consideration is affordability. You should have a budget and stick to it so you don’t go overboard.
The first thing to consider when deciding on a budget for your apartment is your source(s) for income. How much can you realistically spend each month on housing?
Do some research on the next step. i.e. cost range for renting an apartment in Illinois or your local area. This will give an estimate of your monthly spending.
Rent isn’t the only cost of an apartment. Also, consider the cost of utilities (water and sewage, electricity and garbage), internet, and potential parking. These numbers must be included in your budget consideration.
Roommates
Once you have your budget in place, it is time to start looking at potential roommates. Roommates may not be an option, but they can make the monthly rent much lower. Multi-bedroom rents for one person are generally less expensive than studios and 1-bedrooms. Also having a roommate will allow you to cut all of your costs in half; splitting rent, peoples gas utilities, renters insurance etc.
Location
When it comes to college apartment hunting, location is key. It is important to be able to reach your classes on time, to have easy access to public transport, and to live in a safe area. It can be difficult to find an apartment that fulfills all your criteria.
3. Money-Saving Apartment Tips
Understand your security deposit
Before you can move in, you will need to pay a security deposit. It is a good idea to save money for the security deposit in advance. Take photos of your apartment before you move in. Document any repairs needed and get the apartment owner to sign them off. Also, ask for clarifications on when and how to report any future maintenance issues. These documents can help you to avoid losing any or all of your security deposit when you move out.
Apartment application fee
Potential tenants may be charged a non-refundable application fee or screening fee by landlords. This fee covers the cost of background checks or credit checks, or both. Each state has its own guidelines for landlords.
Get Rid of What Can’t Fit
Rent costs will be affected by the size of your apartment. If you can move into a smaller house, it could save you money. You might have to reduce the size of your possessions and get rid off any items that you don’t need.
Make rent payments on time
It helps to establish and protect credit and saves time and money with your landlord. Late fees can quickly add up for those who are late on their rent. Late payments can affect your credit score and make it more difficult to get a loan or move into a new apartment.
Take advantage of Amenities
Many large complexes have amenities like a swimming pool, a gym, and outdoor spaces. Instead of paying for a gym membership or swimming lessons, you can save time and money by using the clubhouse. You can save a good sum of money by taking advantage of these amenities.
Bottom Line
Although it can feel tedious, an apartment inspection is beneficial for everyone. This will ensure you get the apartment you want, without any hassles or immediate problems. It also means that your property manager will get a tenant who is serious about maintenance. Even if it doesn’t feel like it, it’s a win-win situation.
