![]() ![]() Flip on every light switch and note any burnt-out bulbs.Turn on every faucet to make sure the pressure and water color are to your liking.Another leaky clue: Make sure there are no spots on the ceilings and/or walls.Check if the floor slants and/or looks warped in any way, as that could be a sign of a previous or existing leak.If there’s condensation on the windows, they aren’t closed properly. Check the locks on the doors and windows of the apartment (and the door of the building, as well) to ensure they close properly.If you like to keep to yourself, you want a place without a nosy tenant next door.Īpartment tours are also the time to check on the quality of an apartment, so make sure to: If you’re a highly social person, you might prefer a friendly building, where neighbors socialize. That’s another important element to deciding if an apartment is right for you. When you go on an apartment tour, you also get a feeling for the vibe in the building itself. They also don’t tell you the full story of what the neighborhood is like. It’s best to see an apartment before signing a lease. Make sure your preferences in each of these areas make it onto your wish list. Unit location: where the unit is within the apartment building itself, whether you’re on the top or bottom floor or somewhere in the middle, you should have a preference.Development: what’s already in the area and what’s coming.Neighborhood: what the immediate area around your apartment is like.Centrality: how close to downtown, work, etc.According to Investopedia, you can think about this particular item within a few certain primary factors, all of which help make up a “good” location: How close are you to restaurants, the grocery store, your friends or family? Taking all of these factors into consideration is important when picking your perfect first apartment. You not only need to worry about your commute to work but also whether the neighborhood has everything you want in it. Apartment essentialsĪmong your wish list items, location is often more important and essential than first-timers initially think. You won’t waste time looking at units outside your budget or lacking in wish list items. You’ll most likely have more items to add to this list, but thinking about it in advance will help you streamline your apartment search. Where you can find the laundry facilities.How close you need to be to public transportation.Location and whether you have a preferred neighborhood.Realize you won’t get them all, but finding a place that hits as many as possible is a great way to narrow down your options. The wish list in your first apartment checklist should include all the elements you would love to have in your first apartment. It’s your rainy day/emergency fund, and it needs to stay that way.Ĭreate a wish list and an apartment essentials listīudget complete, it’s now time to really think about what kind of apartment you want to call home. ![]() You want to stay prepared for the unexpected by keeping some extra cash on hand that you don’t touch, no matter what. It’s not that unusual for stuff to happen that’s outside of our control. It’s also a good idea to budget in an emergency fund. They’re often something you can continue using after moving in to keep an eye on your monthly expenses and help you stay on track. real costs, consider using an online budgeting app or budget tracker. To keep your apartment budget straight, and track estimated costs vs. It’s just a safeguard to make sure you won’t rack up too much credit card debt furnishing that perfect apartment once you find it. If you know you’ll need to buy new furniture for your apartment, you might want to add a line item in your budget for that, too. Cable/internet costs, including installation fees.When making an accurate budget for renting an apartment, factor in all the costs to ensure you don’t end up short when it’s time to make your first electric bill payment.Ī good first apartment budget should include costs for: Your ultimate first apartment checklist starts with figuring out how much you can spend on rent. There are short-term and long-term expenses associated with living on your own. It’s important to remember that rent is only one part of the cost of moving out. From budgeting to signing a lease to moving day, we’ve got you covered with the ultimate first apartment checklist.Īpartments come in all shapes, sizes and prices. Whether you’re a recent graduate or have decided it’s time to move out of your parent’s house, there’s a lot you need to know about how to rent an apartment. It’s time to move out and live on your own.
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