You might also need a co-signer if you don’t have an extensive credit history. This is one option that’ll save you time and money, as well as limit credit checks. If you plan to apply for more than one rental, you can manually complete a rental application each time or create a renter profile on Avail, which has all the information your landlord might need from you. Standard questions, such as whether you’ve ever been evicted, if someone else will be living with you, or if you’ve been declared bankrupt within the past seven years.This is because rental applications will typically request the following information from you: Bring a form of identification, Social Security card, referral letters, last three pay stubs, and most recent bank statement with you. Once you’ve found your dream apartment, you’ll need to complete a rental application. You can also use this time to ask the landlord questions, such as what traffic is like during rush hour or the average monthly cost of utilities. See if available parking is relatively close to the apartment.Flip on the light switches and note any burned-out bulbs.Try out the appliances to make sure they’re working properly.Make sure your cellphone has service in different rooms.Turn on the faucets to make sure they’re working.When you’re down to your last few apartment options and want to choose one, make sure you take detailed tours in which you do the following: Type in the neighborhood, city, or ZIP code you’re interested in living in, and add various filters to make it easier to find options that meet your budget and criteria. For that reason, give yourself ample time to search listings and view properties in person. In most cases, finding an apartment can take two months to two weeks-depending on the person. You can start apartment hunting several months ahead of your ideal move-in date by looking at neighborhoods, apartment blocks, centrality, and so on. Close proximity to public transportation.Your ideal apartment size and number of bedrooms.Nice-to-haves: This section includes perks that aren’t deal breakers (e.g., a gym or a laundry area).īelow are some of the top amenities and features that you can consider putting on your wish list:.Must-haves: This section includes the amenities and features that you absolutely can’t live without (e.g., a parking spot if you have a car or pet privileges if you have a dog or cat). The wish list you create should have two sections: There’s always a chance you won’t get everything you want-especially if you’re on a strict budget-but it’s helpful to keep your wish list in mind as you search. Now that you’ve determined your budget, it’s time to create a realistic wish list of the characteristics and amenities you’d like your apartment to include. The landlord wants to see a decent credit score-preferably above 670 on the FICO scoring model. You should also ensure your credit score is strong since many rental agreements require you to agree to a credit check conducted by the landlord. You can use this number as a general guide to determine how much rent you can afford.įrom there, you can also determine your monthly budget by totaling your current monthly bills (e.g., food, gas, and car payments) and subtracting that from your monthly income to see how much money you have left over. The national median rent currently sits at $1,752, although rent prices vary greatly depending on the area, the size of the apartment, and market trends. Below, we’ll give you a first apartment checklist to guide you through the process from start to finish. Whether you’re in school or you’ve decided it’s time to leave the nest, there’s a lot you should know about finding a suitable apartment.īudgeting, apartment hunting, and furnishing your apartment can be tiresome and expensive if you don’t approach them in the right way. Moving into your first apartment is exciting.
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