Consider These Tips Before Renting an Apartment

Where do I find an ideal apartment? How much will it cost me to rent an apartment? What will be the rental agreement? We know — there’s plenty to contemplate before deciding on a suitable apartment to live in. Renting is more than just picking a house. When deciding on an ideal apartment, your focus should be on turning a living space into a home. The number of things one has to consider before renting an apartment, especially in a major city, is infinite.

Consider These Tips Before Renting an ApartmentThat said, if you are seeking to find an ideal apartment, there are several crucial factors worth considering. So, what should you consider when renting your next apartment?

1.   Identity and Reputation

Identity verifications are incredibly common these days because landlords are responsible for ensuring their apartments are safe. In fact, they are required by law to verify the identity of their tenants. A landlord can be sued for negligence if any damage to the property occurs because of skipping this part. Again, you must ensure that the person letting you into their building is who they claim to be and not a scammer. If you wish to verify a person’s identity, Nuwber is also a good place to start.

2.   Landlord/Tenant Relationship

As a tenant, you always want a friendly landlord or property manager with who you can quickly get along. The type of landlord you have can make or break your living experience in your new apartment. Your property manager is responsible for ensuring your apartment complex is safe and clean; so, it is important to get to know them well. Renters and landlords have limitations to things they can and cannot do. If you find out that your landlord is intrusive, you ought to properly grasp your rights as a renter so that you can set clear boundaries.

3.   Apartment Type

Now more than ever, tenants are spoilt of choice regarding the types of apartments available. There are many styles of apartment for rent chicago (as well as other locations more relevant to you) with some offering more space at the cost of amenities, whilst others have smaller living spaces but the kitchen fittings etc are much nicer. There is also a variety of style of layout, with some offering a two part style with an up and downstairs, whilst some are more open plan. Luxury apartments often combine large floor areas with high quality fittings to be an option for those who are looking to spend a bit more. Luxury apartments are guaranteed to cost you an extra penny on their own, often times the location is also premium, which can drive up the price as demand is higher.

4.   Affordability

The best way to determine the price of an apartment is through property listing sites. These websites allow you to compare different apartment types and their respective features from your phone or computer. Real estate agents are also actively updating the prices of different properties within specific neighborhoods. If you’d like to rent an apartment, it is wise to check its price and other additional features to determine if you can afford it in the long term or not.

5.   Amenities Available

People look for different things when it comes to apartment amenities. While some people prefer apartments with fitness centers and swimming pools nearby, others are only looking for ample parking space. Consequently, amenities like in-unit laundry and air conditioning are a must-have for many people. If you are the type to look for property online, you already know that what you see is not always what you get. In some property listing platforms, details about properties are sometimes inaccurate. Before making any commitments on an apartment, it is wise to go and check out the property in person. Hence, you can ensure that it has the amenities you are looking for and need.

6.   Location

Considerations about where to live should go beyond how much the rent might cost you. If you have a family, then you know how much distance and convenience matter. These are important considerations when deciding where to reside. You want to settle on a location that offers the flexibility of taking your kids to school, shopping and is not too far from where you work. If you find a place where you have to cover long distances to get to work or a medical facility, drop it. In turn, this means then that your overall expenditure will be much higher in the long run.

7.   The Pet Policy

After a long lockdown period following the coronavirus pandemic, it is no surprise that many people prefer having a furry companion in their homes. However, some landlords have their reservations when it comes to pets. Some apartments have a very strict no-pet policy, while others welcome such an idea with open arms. If you are a pet owner, you ought to thoroughly go through the rental agreement and pay more attention to the pet policy of the apartment you’re looking to rent.

Additionally, find out what other tenants feel about having a pet around and their reservations about the pet roaming around if any. Subsequently, most landlords with pet-friendly apartments charge a pet deposit fee that could be either refundable or non-refundable.

8.   Take Time to Look at the Lease

Some people make the mistake of not reading through the lease because they are too quick to sign it. A lease is a legally binding document that should be read carefully before signing. You can only uncover critical details of the tenancy by reading the lease. Such information includes who is responsible for maintenance, if pets are allowed, and any other utilities included in the rent.

After renting an apartment, you may want to sublet it whenever you are traveling or will be away for a long time but do not wish to vacate the premises. If you skip reading the lease, you might violate the signed agreement without even knowing it by subletting your unit. It is also wise to have a lawyer or realtor while at it to help you understand the content of the lease and ensure everything is ok.

Conclusion

Whether it’s your first or tenth time doing this, there are many things that you ought to take into account before renting an apartment. For tenants, it is only logical to choose an apartment that meets their needs. If you’re lucky enough to find an ideal apartment, it doesn’t end there. It is wise to see the apartment in person and with your lawyer if you have one to help you with the legal details.