Renting Your First Apartment? Here’s What You Need to Know

Renting your first apartment is an amazing experience. However, it can also be overwhelming – especially if you don’t know what to expect. From the moment you start looking until you sign the contract, renting is a whole set of steps. Let’s outline how to stay organized to easily find your first apartment!

1. Setting Your Budget

The first step you need to take when renting is deciding how much you can afford to pay. Some estimates suggest that rent shouldn’t exceed 30% of your monthly income.

Once you’ve set your budget, you can start searching for rentals on websites, apps, or social media. For this step, using a VPN can help you browse safely and protect your data.

2. Services and Features

Before you start your search, make a list of the services and features you want. Here are a few things to consider:

• Bedrooms: If you’re moving in by yourself, a single bedroom might be enough. If you’re planning on having housemates, make sure there’s enough space for everyone.
• Location: Think about how close it is to work, universities, public transport, supermarkets, hospitals, and other amenities.
• Pets: If you have a pet, check the policy in advance – not all places allow animals.

All of these factors will impact your quality of life and monthly expenses; that’s why it’s important to prioritize what matters most.

3. Location and property

Once you’ve found apartments that interest you, take some time to research the area. Is it safe? Is it well-connected to public transportation? Are there shops, supermarkets, restaurants, or other amenities nearby? Location doesn’t just impact your daily comfort – it can also affect rent stability and resale value.

When it comes to the building, look into the quality of its shared services. Are there elevators? A gym? Laundry facilities? Parking? What are the common or maintenance costs? Having this information upfront will help you make an informed decision.

4. Analyzing the Rental Contract

One of the most important steps when renting an apartment is reviewing and signing the contract. Here are some key aspects to consider:

• Duration of the contract: Make sure you know if the lease is for a year, six months, or if there’s an option to renew.
• Security deposit: Deposits typically range from one to two months’ rent. Before signing, check how its return is guaranteed at the end of the lease.
• Obligations and rights: Review the responsibilities of both parties. The contract should clearly state whether maintenance costs fall on the landlord or tenant, as well as policies on subletting, visitors, and pets.
• Cancellation conditions: Some contracts allow early termination, while others impose penalties if you move out before the agreed period.

If you have any doubts about the contract, you might want to consider consulting with a lawyer or seeking advice from someone experienced in leasing!

5. Apartment Inspection

Before moving in, it’s essential for you to conduct a thorough inspection of the apartment. This step helps you identify any damage or issues that will need to be addressed beforehand. Here are some key things to check:

• Water leaks in faucets or toilets.
• Functionality of appliances, heating and air conditioning.
• Condition of windows, doors and locks.
• Signs of pest problems.

If the apartment is still in good condition at the end of your lease, request a document confirming this. It can help prevent disputes when it’s time to move out.

6. Know Your Rights

As a tenant, you have rights that you should be aware of. In many regions and countries, there are protective laws that protect tenants from abusive behavior by landlords.

Some of these rights include protection against arbitrary evictions, the right to a habitable environment, and the landlord’s obligation to take care of emergency repairs.

Renting is a big step towards your independence. From choosing the apartment to signing the contract and moving in, the whole experience is exciting. And now that you know the fundamental steps to do so, start looking for your first apartment!