4 Tips For Finding The Best Apartment Deals
Updated: Oct 27, 2020
Consider this eye-catching statistic reported by Harvard’s Joint Center for Housing Studies: 25% of renters spend more than half their income on rent and utilities. Another 25% of renters spend between 30-50% of their income on rent and utilities. That’s a lot of your hard-earned money going straight to your landlord!
Moving is an expensive business which is why you should look for a home that offers you a discount. Whether that’s in the form of a rebate, a free month of rent, free internet, etc. there are deals out there that you should look for and negotiate with your landlord.
You’ll need to do your homework before deciding on a place so here’s a list of tips that you can use for your next apartment search.
1. Use an Apartment Locator
Apartment locators have you fill out a form with your desired area, amenities, and price range. Next, they research apartments with your criteria and pick the top choices and send them to you. If you have any questions about the apartment complexes, they’ll call and get you those answers.
Most apartment locator services are free. That’s right. FREE!!! On top of that, many of them give you a rebate just for using them as your referral source. Military Apartment Locator gives you a $300 Amazon E-Gift Card.
2. Look for “Move-In Specials”
There are plenty of apartments that offer “Move-In Specials” as part of their marketing plan to attract more tenants. These specials can range from a month of free rent, free internet, free parking, or even cash back!
Sometimes apartments don’t list their specials and you have to ask. So just ask! The worst they can do is say no.
If you have to choose between two identical apartments with the same amenities and price, wouldn’t it make sense to choose the apartment that offers a little kickback? It’s essentially free money.
3. Compare, Compare, Compare
DO NOT pick the first apartment that you click on. Some apartments are better than others in terms of marketing and the pictures they put online. This can be an indicator of good things to come but it can also be the work of a savvy outsourced marketing firm.
You should always do your homework and research the apartments you choose because
a nice picture on the homepage could be a cover up of other issues. That could be a
problem with the management team, utility issues, no cell phone connectivity, etc. You won’t know until you read reviews and actually talk to the apartment complex.
Always compare your options and never go with your first pick without seeing what else is out there.
4. Word of Mouth Can Be Powerful
Tell your friends, family and colleagues that you’re looking for a new place to live. It’s possible they could give you a hot tip on an apartment that is either not listed or will become available soon. You wouldn’t know about those listings because they wouldn’t actually be listed yet.
Telling people who know you is an advantage because they know what you like, and they can be an extra resource when looking for your next home.
Take these tips and find your next home. Ask, compare, and analyze. Good luck!
For more apartment tips, check out the blog on www.MilitaryApartmentLocator.com.