Important Things to Keep in Mind When Renting an Apartment

Important Things to Keep in Mind When Renting an Apartment

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Finding an apartment to rent can be wearisome as you would like to rent an apartment that feels comfy and homely. Before searching for an apartment, the first thing to do is your budget for renting and things to buy. You must clearly understand what you want, something that fits your lifestyle and budget. Once you have decided on it, look for a trusted company or a person that can help you provide a budget-friendly and furnished apartment.

If you’re looking for a new place to rent in Indianapolis, you’ll want to check out the latest rent trends in Indianapolis. The average rent for a one-bedroom apartment in the city is now $965, a 3.6% increase from last year. The average rent for a two-bedroom apartment is $1,185, a 4.1% increase from last year. The City of Berkeley has been ranked the second most expensive place to rent a home, according to a rental index from rental website Zumper. The top spot goes to Manhattan.

The ranking looks at median one-bedroom rents and two-bedroom rents for neighborhoods with populations over 25,000 people. It’s based on September data.

Berkeley experienced the fourth highest growth in one-bedroom apartments last year, jumping by 3.9% from 2017.

Important Things to Keep in Mind When Renting an Apartment 1

Upfront Cost

You’ll shuck out some serious money before you even get the keys to your first apartment. If applicable, you will have to pay for application fees, security deposit, first and last month’s rent, and a pet deposit. Therefore you need to save for upfront costs. To budget, plan on having a few months’ rent already in the bank to cover expenses.

Make Sure you can afford it.

When you have moved in, rent will not be your only obligation. You will have to handle the expense of monthly utilities to regularly-purchased items. The list varies depending on your needs:

  • Electricity
  • Gas
  • Internet and Cable
  • Water, Sewage, and Trash
  • Grocery

Stick to your budget, so you don’t face money-related issues after a few months.

Location and Neighbours

Find a location for your apartment close to your workplace and other means of transportation. The area of your apartment matters as much as your apartment’s layout; you will want a place close to the market since having a few walkable options is a bonus. It’s always good to know the people who reside in your neighborhood, whether they are decent, friendly, or not. You would not like to live in a place full of cold, nature people who cannot help during rough times.

Amenities

Make a list of things you can’t live without, such as Does the building have a gym? Do you need in-unit laundry to clean clothes daily? Do you need a lift instead of stairs to reach your apartment? The presence of these amenities ensures you enjoy where you’re living.

Check the Apartment Carefully

Don’t fall for a low-budget apartment without checking it from the inside. Sometimes a person may ask for a smaller amount when the apartment’s condition is not up to mark or if there is some problem. Check the faucets of washrooms and kitchen, pipeline, cupboards, water supply, wiring, faulty doors, and windows before renting the apartment. If you find any error, then convey the issue to the landlord and get it repaired or ask for a reduction in rent.

Check Whether the Location is Safe

You must confirm from the people who live nearby whether the area you are planning to move in is safe or not. Check the crime rate in that area. See if the building has a proper emergency exit and a security guard to check visitors.

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