Becoming a first-time apartment renter is an exciting experience. However, the process can seem daunting if you don’t know what to expect. Preparing for budgeting, understanding leases, and ensuring you’re happy with your new apartment can be overwhelming. Fortunately, plenty of resources are available to help you prepare for life as a new renter. The following tips for first-time renters can help you enjoy your first rental experience at Beechtree Apartments.
Your Budget Includes More Than the Rent
When attempting to create a budget for their expenses, first-time renters must first understand that they must factor in more than rent. Rent will likely be the most significant expense, but there are other ongoing fees that you should be able to pay. Consider whether the following will apply to you:
Initial, One-Time Costs
- Application fee(s)
- Security deposit
- Moving costs
- Furnishings if needed
- Utilities, including electricity, garbage, water, etc.
Not all apartments may require you to pay for certain services, so it is essential to determine what is covered in your rent and what is not.
Prioritize Your Needs
First-time renters may not understand yet what they want most in an apartment. This is why it can help to list your needs first, which can help you narrow your apartment search and find the best place. Consider whether you need the following:
- Functional kitchen
- Closet and storage space
- Balcony, patio, or another private space
- Natural light
- Air conditioning
- Proximity to dog parks, your work, nightlife, or other amenities
- Building amenities such as a gym or business center
Ask Questions During Apartment Tours
As you tour appealing apartment properties, ask the property manager important questions regarding rent, utilities, parking, and more. You can ask about all expenses, including which utilities are included in rent and what parking options exist. Ask about the length of the lease and how much rent increases each year. Can you make alterations to your apartment? How is maintenance handled? No question is unimportant.
Read and Understand the Lease Agreement
So you’ve found your favorite apartment – congrats! However, first-time renters may not be familiar with navigating an apartment lease. Make sure you thoroughly understand the lease agreement before you sign. The lease should outline policies regarding the following:
- The lease length
- Pet policy and special terms
- Deposit requirements and how your deposit is returned
- Sub-letting rules
- Utility responsibilities
- Maintenance procedures
- Consequences for not paying rent
Get Renters Insurance
Your landlord may require renters insurance; if so, obtain a policy that fits their requirements. Even if renters insurance isn’t needed, it can be an affordable and helpful tool that helps you protect your belongings.
Let Us Welcome You Home to Your Fabulous New Apartment!
Here at Beechtree Apartments, we pride ourselves on providing you with luxurious living and affordable pricing. So when you choose one of our fabulous new apartments in Calvert County, you can see how modern living meets modern-day conveniences.
It’s easy to find us! Visit us at 200 Jenden Way Suite 101, Prince Frederick, Maryland 20678. Are you social? Feel free to follow us on Facebook and Instagram! You can also reach us by phone at 443-432-3557!