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5 Considerations When Renting an Apartment

Maybe you’re a kid living on your own for the first time. Maybe you’re a retiree who is looking to downsize to avoid an empty nest. Whatever your reasons for seeking apartment rentals, here are just five things to consider to make a good selection.

1. Location

This is the big one. Where do you want to live? Do you have any specific neighborhoods in mind? If location is important to you, you might have to wait for something to open up in that area. Consider planning your move several months in advance to ensure that you can wait for the right apartment.

2. Price

Another important aspect of choosing an apartment is making sure that it’s within your budget. This is especially true if you need to make a large deposit or provide a down payment to secure the place. Don’t go into the red with your real estate decisions!

3. Walkability

An apartment’s “walkability” factor is determined by how many things are within walking distance. For example, financial district apartments will be surrounded by stores, restaurants and other downtown attractions, but countryside apartments might be quite far from the nearest business.

4. Amenities

Apartment complexes usually come with a certain number of amenities that are designed to attract customers. There might be an on-site gym or tennis court; there might be a cleaning service available to residents. Don’t be afraid to ask the landlord about what the apartment complex has to offer.

5. Reviews

Last but certainly not least, always read reviews for a potential apartment. If the building has a cockroach problem, that won’t be advertised on the website, but the reviews will give you the scoop. On the flip side, if the apartments are legitimately lovely, their reviews should be full of praise and welcome for new neighbors!

These are just a few things to keep in mind as you look for your next apartment. Whether you’re looking for something luxurious or something cozy, you’ll want to shop around and consider all of your options before signing on the dotted line.