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This fall, 19 million students are expected to attend colleges across the country, and many returning students will be searching for their very first apartments, leaving dorm life far behind. For those students who are new to renting, here are a few tips from Rent.com to help make your apartment search both successful and stress-free.
Know Your “Must-Haves”
It’s helpful to create a list that prioritizes apartment amenities of interest. Mark which ones are “must-haves” and which are negotiable for you and your roommate(s). These priorities will become the basic parameters of your apartment search.
Use Online Search Tools for Increased Productivity
Using an online resources like Rent.com will save time and money by providing free access to detailed property listings that include information such as amenities, pet policies, contact information, pricing, photos, floor plans and even virtual tours! Using your “must-haves” as search parameters, you can quickly narrow your choices and with all of this information at your fingertips, finding the perfect place to live is simple.
Ask Questions
Make sure to ask the landlord questions about maintenance, pet rules and unit customization policies prior to signing the lease. If you are determined to paint your apartment walls or mount a flatscreen on the wall, tell your landlord in advance. It’s always better to know what is allowed up front before getting stuck in a lease that doesn’t work for you.
Schedule an Apartment Walkthrough with the Landlord
Before signing a lease, ask your landlord to meet you at the property so you can do a walkthrough of the apartment together. Look closely for damage and make sure it is documented with your landlord as pre-existing so you are not charged for it when you move out. If you are requesting improvements like new carpet, fresh paint or new appliances, make sure your landlord agrees in writing.
Know Your Local Market to Negotiate the Best Lease
In some markets, a large supply of apartments are available for rent. If you find yourself in this type of renters’ market, understanding rent ranges in the neighborhood might help you negotiate a better price.
If the landlord is charging a premium for rent and you wish to negotiate, here are a few additional tactics:
1. It’s important to have a good relationship with your landlord, so approach negotiation in a friendly and open manner
2. Recognize that any negotiation has to work for both parties, so be sure to present a good business case such as:
- Present other comparable apartments with lower rents and ask them to match the rent
- Offer a longer lease term in exchange for lowered rent
- If getting the rent lowered is not possible, request utilities, free parking or upgraded amenities to truly make the rent worth your while
Have you recently been through the search for the perfect rental? Share your advice in our For Renters group.
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I'll be leaving my dorm and joining the apartment hunt around next year. Although the advice on Rent.com doesn't apply to me (I live in the Philippines), the rest of the article is still very helpful. I have a question though. What are the most common must-haves among people looking for an apartment?
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Hi Danielle,
Renting an apartment for the first time can be a daunting experience. However, if you take some time to think about what apartment amenities are most important to you before you begin the search, you will save time and be more successful in the long-run. Some popular “must-haves” amongst renters include having a laundry room, or even better, a washer and dryer in the unit, as well as air conditioning and heating, adequate storage space, and a pet-friendly atmosphere. If you are trying to save money, consider a roommate, and look for apartments with energy-saving appliances, discounted cable and internet packages or a fitness center in the building – all of which should help you to save each month. We hope that these tips are helpful – good luck with your search!
-Rent.com
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