If you’re looking for a new apartment, you’re not alone. The Census Bureau reports that more people move to a new rental during the summer (May to August), than any other season. With vacancy rates across the country down, and rental rates up, it’s a landlord’s market, and it can be a challenge to find what you want at a price you can afford. Here are five negotiation tips to help you through your apartment search.
1. Research the market
Before you hit the streets looking at places, start with some online research. This will help you find out what current prices are in different neighborhoods, for different types of apartments. Looking at sites online is an excellent way to get a lot of information on rental prices, amenities, and availability, without ever leaving your computer. You can narrow down your list to the best prospects, and you’ll know what typical prices are for that area and property type. This information can be useful when it comes to negotiating your lease.
2. Know your priorities
Price is a top priority for most renters, but what else is important to you? For some, access to convenient public transportation is a …read more