Finding great apartments to rent in today's day and age is not as complicated as many people might think. It is entirely possible to find and fall in love with a space, but what's most important is knowing what you want, and having the right budget for it.
Whether you're downscaling your life, moving out of your parent's home, or saying goodbye to your college dorm room, here are three of the best tips for simplifying the task of apartment hunting.
1. Your Budget is About More Than Rent
Whether you're a first-time renter or a seasoned pro, there's no denying how important managing your budget is when apartment hunting. You must plan your budget accordingly - and understand that it doesn't only include your rent.
The reality is that while your rent is the biggest expense, there are other fees/payments you'll have to cover too. Some of them might be once-off, others are ongoing.
Just some of these one-time costs include application fees, a security deposit for the apartment, your first and last month's rent, (usually required by the landlord) as well as moving costs.
Recurring fees include your utilities, parking fees (where applicable), laundry, internet, and phone. Depending on the type of apartment you rent, you might also need to cover monthly maintenance fees.
2. Be Clear on Your Needs and Wants
In order to find the right apartment, it's imperative that you draw up a clear and concise list of your exact needs and wants. If you want to find a good value-for-money living space, being particular about these things is the only way to do it.
Some of your needs might include:
- A good location near public transport routes
- An apartment building that includes amenities such as a laundry, gym, or rooftop space
- An open-plan kitchen and living space
- A certain number of bedrooms
- Allocated parking space
- A small patio or outdoor space
Once you've drawn up your list, mark down the most important items, and work your way down your list. Having these preferences can also help you narrow down your search and choices.
3. Fully Maximize Apartment Tours
While you have the full attention of the landlord or rental company representative, this is the best time to ask everything you need to know about an apartment.
A few must-ask questions include:
- Does the rent include utility costs? If not, what are these rough costs?
- Is there an allocated parking? If not, where do you park your car?
- What is the preferred method of rent payment?
- How long is the lease? Is there any room for flexibility?
- Is the apartment managed by a third party and do you pay any monthly maintenance fees?
Before you take an apartment tour, draw up a list of your specific questions. Don't shy away from asking what you need to get a clear idea if the apartment is a good fit or not.
Looking for Apartments to Rent?
If you're looking for the best apartments to rent in Westminster, Colorado, we have the team to help you find the perfect spot, and check off that criteria list.
PMI Property Management Group provides professional services in helping you find the ideal rental home. We can assist in your search and application, and provide ongoing support throughout your rental experience.
Discover our homes for rent, here.
