Five Things to Know About Renting Student Apartments

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If you are are student who is about to rent your first apartment, it’s important to do your research well ahead of time so that you know what you’re getting into. As you shop around and contact different landlords, keep the following tips in mind to make your choice easier.

Keep Your Specific Needs in Mind

The most central question to ask yourself is what features you especially require for your new place. The distance to your college or university will certainly be one of your principal considerations. Will you have a roommate to save on costs? In that case, you’ll need two bedrooms. If you have a car, you’ll need to make arrangements for parking. Certain factors will be more significant to your specific circumstances, so focus on those and be willing to compromise if price is an issue.

Length of Your Stay

Generally, property managers and landlords try to sign full-year leases. This can be at odds with your study period, depending on the academic schedule your school uses. The usual way around this is to sublet your apartment during the four summer months, so be sure to ask whether that will be possible. Either way, think about this well in advance, since breaking a lease early is never easy to do.

You Should Know What You Can Afford

Of course, the price point will be one of the most important aspects of your decision. A common rule of thumb is to make sure your rent is no more than 30% if your income, though this is not always realistic for a student. Another financial consideration is that the rent cited in advertisements often doesn’t include things like the cost of hydro or furnishing the gsu apartments. Therefore, ask the property manager or landlord to break down the rent so you understand precisely what you are paying for.

You May Need a Cosigner

Since property owners hate to lose money, they often require proof that you will be able to pay your bills. In many cases, you will need to bring a cosigner on board. A cosigner assumes partial responsibility for paying your rent if you fail to do so. The most common candidate for cosigner is one of the student’s parents. Helpfully, property managers generally just want to see that you are dedicated to paying on time. As long as you don’t cause them any trouble, they may release the cosigner from responsibility after some time. Read http://www.ehow.com/how_5123123_rent-college-students-recent-graduates.html to gain more info about student apartment.

Do You Have Pets?

If you have any pets, you need to be very clear about this with anyone who shows you student apartments Atlanta. Depending on the building’s rules, you may or may not get away with having a small animal.

Although this can seem like a lot to think about, do your research thoroughly and you have nothing to worry about.

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