Here are a few things that you should be aware of when renting an apartment.
· Insurance is not expensive – The national average for Renter’s Insurance stands at $16 per month and it protects you against theft, fire and vandalism. But most Americans are not aware of this and have the misconception that they have to pay a large amount. Just think, replacing stolen possessions is far more expensive than paying insurance that costs the same as 4 cups of coffee at Starbucks.
· Rent in the off season – Apartment renting is also done in season. The timing of the season varies from region to region, so do a little research on this. Leasing an apartment during off season will give you lots of benefits including low pricing.
· Negotiate – Don’t be too desperate to negotiate. Get the best deal out of your landlord and if are not able to, just walk away. Do not get stuck in a deal that will get you into trouble.
· Be honest – Honesty is very important between you and your landlord. It can be especially helpful when you are in trouble with your rent. Assuming that you haven’t frivolously spent it on gambling or a shopping spree, explain your difficulties in paying the rent. More often than not, your landlord will help you work out a deal.
· Lease for a longer period – This will help you get the best rate so go for the lengthiest possible lease that fits your requirement. However, you should pay careful attention to the termination clause. In case you have to cut short the lease period, you have to be aware of the exact penalties that you could face.