Guide to Find a Rental You Can Afford

Today many people prefer to rent an apartment rather than buying one. Some individuals rent an apartment as the average cost for renting is lower when compared to other housing options.

At the same time, there are many others who like the concept of community living and recreational opportunities that are offered within an apartment complex. While some individuals rent apartment just because they have no other option.

Whatever your reasons might be, here are some useful tips that might assist you in finding an apartment that fits within your budget and meets all your needs.

It’s all about location:

Undoubtedly, you want a place that is centrally located to your school, work and is close to the grocery stores and transit system.

Won’t it be the best if you can end-up saving the additional cost that you spend on gas/fuel by living at a locality that is close to all your needs?

That is why choosing a community is equally important during selecting an apartment.

Amenities:

While searching for a rental apartment, check if all the amenities are being offered and make sure that you ask the landlord if the unit includes all utilities.

For instance: If you need a gym/sauna room in your apartment complex as it is a convenient option for you, then look for an apartment that has these added benefits.

However, if a complex has amenities that you don’t need, please base your decision on simple math: “Am I being charged anything in addition to my rent for having these amenities. If yes then look for a different apartment and vice versa”.

Determining your monthly budget

Living space & decor:

It’s vital to figure out the apartment space that you require and try to stick to it. Always bear in mind that extra space will cost you extra money and the same applies to the decor.

Some apartments come with vaulted ceilings and fancy designs. If you don’t really want those, you can save money by finding a simpler apartment.

Use an online apartment finder to help you search. There are several websites that you can use to search apartments using criteria’s like:

  • Price range,
  • Number of bedrooms and
  • Location

Some websites also provide the distance measure from your apartment to local stores, schools and malls etc. If you are in search for a rental apartment in Edmonton, AB, then can visit websites like Mainst.biz in order to find the best rental spaces.

You can use the search results to narrow down your list of possible apartments. Once you have narrowed down your list, you can go to each apartment complex link and send a query requesting additional info.

Here are some queries you might want to ask:

  • What is included in the rental amount?
  • Is there a secured entry?
  • Do you have security patrols & how often?

After collecting all the responses, you should list down the places you are interested in. For each & every complex on your list, try to pay a visit and do the following:

  1. Check to see if the complex area and surroundings are properly maintained.
  2. Request to see the actual unit (or a sample unit) of the type you are interested in.
  3. Try to talk to some current residents about the place.
  4. Does the place feel safe to you? Sometimes your gut instinct can be completely true.

If you are truly interested in a specific apartment, think before renting as it is a huge decision. You may want to go home and ‘sleep on it‘ before making a decision.

Once you have made your final decision to rent an apartment, make sure you read the lease before signing.

Make sure that you have all the essential documents while turning in your application, like proof of income and references. Good luck in your search!

We hope these tips will assist you in finding an affordable and decent place to live. To get more tips on apartment hunting please visit our blog.

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s