Finding an apartment that fits your needs is no small feat. You can search for days and end up being exhausted by the entire process. Here are some tips that will help you to find an affordable apartment:
Avoid Popular Renting Times
Although the availability of units goes up during popular renting seasons, you need to avoid such times because the rent also increases. To figure out popular renting times, you should consider the weather and colleges in an area. Places near universities and colleges have a high turnover of renters in the summer.
Even students with no credit can get apartments, as there are parents who help their kids find student housing in Denver CO, for example. This means that it will especially hard to find an apartment during such times. To find a good deal, you should hunt for an apartment in the off-seasons.
Consider Middle Floor Units
Higher and lower floor units cost more than middle floor units. Top floor units cost more because they offer a bird’s eye view of the neighborhood while lower floors are more convenient. However, if you are willing to sacrifice easy access and great views for a lower price, you should take a middle floor apartment.
Choose the Right Amenities
Do you prefer an in-unit or on-site laundry room? Most people would rather have a laundry room in their apartments. Apartments with in-unit laundry rooms usually have higher rents and are snatched up faster. Although choosing an apartment without amenities might not be in your plans, it could save you a lot of money.
If you want to live a certain lifestyle but cannot afford an apartment, you should consider getting a roommate. When looking for housing such as apartments in Englewood CO, a roommate will make it affordable. For instance, if you cannot afford to pay a $2,000 apartment by yourself, you can ask a friend to live with you and share the cost of rent.
Know Your Stuff
You need to know whether a property charges an extra amount of money for pets and parking. The standard pet fee is 500 dollars but the monthly pet rent varies. Although parking fees vary from one place to another, they are much cheaper than pet fees.
You also need to find out whether you will be paying for your utility use only. Some apartments have a ratio billing system, which means that you will pay for other people’s use. Taking some time to find out the answers to these questions could save you a lot of money in the end.
Find a Fixer-Upper
You should look for an apartment that needs some work to save money. You can offer to repair the damage yourself in exchange for lower rates. If the apartment only needs a new coat of paint, this one-time fix can save you a lot.
Is the apartment in need of a big makeover? You can negotiate further by agreeing to fix the place pay a lower rent for several years. Depending on how great your haggling skills are, you could get great rates that might be resistant to hikes for several years.
Check out New Properties
Is there a brand new apartment building that you are avoiding because you think the rent might be high? Most new properties offer free rent for the first month in order to attract new tenants.
Apartment hunting is not enjoyable but the above tips will make it tolerable. You can find the perfect match for your needs without hiring a real estate agent. Armed with these great tips, finding an affordable apartment will be easier.