When you are on the hunt for a new apartment rental home, there may be a lot of features or details that you seek out in your search to help set up a comfortable home where you feel safe and protected. During the apartment search, calculate your rental budget and be sure you consider the apartment's layout and size and how it will work for your lifestyle. The following provides you with some tips and insight into your upcoming apartment search to help you find the right rental home.
Evaluate the Cost
It is helpful when you are looking for an apartment to rent that you closely evaluate how much you can afford and what you should realistically pay for a rental apartment. Every person's financial situation is different so it is good to look at your own expenses and income to establish a true budget for yourself. You can do so with an expense worksheet where you evaluate each of your regular monthly costs in addition to unexpected and irregular costs.
Start out by looking at your income after taxes and insurance are taken out of your paycheck. This take-home pay should be several times larger than your total rent payment each month. Many renters use a measure of one-third of their income being allowed to pay for rent. This will help you have the funds to cover other costs, especially those associated with your rental apartment.
Find out from the rental property manager what utilities you will be expected to pay for as part of your rental agreement. Some utilities may be included in the rent, but not all of them are covered all the time. For example, you may need to pay for electricity as well as gas but the water, sewer, and trash pickup are covered by your rental cost. Be sure you calculate these utilities as part of your personal budget and also remember to include renters insurance to help cover your personal property inside the apartment.
Consider the Apartment Space
The space inside a rental apartment is going to allow you a space to sleep, wash up, eat, relax, and prepare food each day, and it is essential that you look for the right features in a unit before you sign the contract. Look at the apartment's size in the number of bedrooms and bathrooms but also in its square footage. An apartment that offers three bedrooms but is only 800 square feet may not provide you with the space you want and need.
Also, look at the apartment layout. If, for example, the master bedroom is situated by the main entrance, you may not want to choose the layout for its privacy. Or, if you want an apartment that has windows and a balcony that are southern-facing, look at the actual unit's orientation before agreeing to rent it.
Contact a real estate agent near you for more information regarding specific sizes of apartments such as one bedroom apartment rentals