4 Tips to Find the Right Rental Unit
July 20, 2023
July 20, 2023
As you search for your next rental, there are many factors to keep in mind. Here are four tips to help you find a rental that’s the right fit for your needs.
Before you can begin looking at rental options, you’ll need to decide where you want to be. Consider factors like:
Your budget will play a big role in determining which rental units you should consider. Once you’ve decided on a location, you’ll be able to get a better idea of the types of rentals you can afford in the area.
In addition to your monthly rent payment, make sure you are budgeting for upfront costs including application fees and a security deposit, as well as other recurring costs like utilities, parking and amenity fees. If you find it difficult to find properties that fit your budget in your desired area, you may need to expand your search to another location nearby or reconsider some items on your wish list.
There are a variety of rental types that may appeal to different renters depending on lifestyle and preferences. Consider factors like square footage, accessibility, outdoor space, maintenance, amenities, privacy and walkability.
Some common types of rental properties include:
As you search for your next rental, there is a chance you could come across an illegal unit or rental scam.
These units may seem like viable options on the surface, however certain signs, such as failure to comply with the Uniform Building Code or a price that sounds too good to be true, should raise suspicions that the unit might be an illegal dwelling or a fraudulent listing. Familiarize yourself with some of the red flags to look out for to avoid becoming a victim of rental fraud.
Choosing a rental home is a big decision and there is a lot to consider when comparing options. Understanding your financial situation and knowing what to look for in your search will help you confidently navigate the process.