If your instinct is that the rent is, well, “too damn high,” check out some possible reasons why!
By Steve Harper and Elizabeth Beasley, Apartment Guide contributor
Renting — while never really out of style — is trendy again!
The National Association of Home Builders predicts that a preference for renting among young people is driving the building of many more new apartment buildings in the next couple of years. The state of the housing market, among other factors, seems to be leading more people to choose renting in the near future.
Are you ready for a reality check on the state of renting?
If you genuinely love coming home to your apartment, you might have yourself a keeper. Image: Optima Sonoran Village, Scottsdale, AZ
Before you find your true love, as they say, you have to kiss a few frogs first. And that goes for apartments, too. If you’ve ever lived in place that had a roof leak, noisy neighbors or a weird smell, you definitely feel like you’ve had your fair share of warts.
But as you move on up to bigger and better apartments, someday you’ll find it: Your true love, the one for you, the Prince Charming (or Princess Charming) of living spaces. But how do you know if this is the apartment you want to keep? To that, we say follow your heart – and our advice.
If parking in your apartment community feels like a free-for-all, we’ve got some tips to help you think it through!
By Steve Harper and Cathy Poley, Apartment Guide contributor
Does the thought of parking in your apartment community make you wish for a chauffeured car service?
Have you ever decided not to leave your apartment because you dreaded having to find a space when you got back?
Though easy parking is an amenity some apartment dwellers take for granted, other residents face a challenge parking at or even near home. So, until you can get that anti-matter transfer device you’ve been assembling in the back room up and running, you’re stuck with the everyday nuisance of finding a spot, every day — and sometimes more than once.
Parking well is an art and a science… well, no, it’s mostly luck, but a bit of planning and forward thinking just might steady your odds. With these tips, we’ll try to stack the proverbial parking deck in your favor!
Check out the top ten cities where rents are rising this year!
As Americans move around the country looking for new jobs and greater quality of life, they’ll see apartment rents going up in many U.S. cities.
Higher demand and lack of inventory contribute to this rental growth.
If you are an apartment renter, it’s wise to keep an eye on prices.
Which cities will see rent increases in 2014? These ten top the list, according to Reis Inc. and also shared by apartment industry insiders Multifamily Executive.
If you find apartment living a little generic, consider some of the ways you can turn that perception around.
Choose your apartment community carefully.
Where you live says something about you, so selecting an apartment community is not a choice to make lightly. It’s important to do your due diligence to find the best fit for you. Ideally, you want to live in a neighborhood that reflects your values, somewhere you feel comfortable.
You may consider it worthwhile to pay a little more in rent to live in a fashionable, hip area, for instance. Perhaps easy access to your place of employment is your first priority, or maybe it’s most important to you to be able to walk to dinner most nights or meet up with friends at the local watering hole. In order for your apartment to feel like your home, a careful focus on the locale is a must.
As you begin your search for a new apartment, your wish list is probably full of features and amenities that you just can’t live without. Great location, hardwood floors, stainless steel appliances – the works.
But have you given any thought to where your particular unit will be located? Does it matter if it’s on the bottom floor, the top or somewhere in between? If you’re not sure, it’s time to start thinking about it. Some apartment communities let you choose your own unit. If you are ever granted that luxury, we’ve got some great reasons you should indulge in top floor living!
Updated kitchen appliances are a major factor that draw renters to an apartment, especially if they’re stainless steel.
As the housing market improves, apartment communities are looking for new ways to attract renters – which means improvements to apartments around the country could be coming soon.
According to a survey of 6,800 property managers conducted by Apartment Guide, 76 percent of those polled believe they need to give their properties a facelift if they want to keep renters. And to know where best to invest their dollars, landlords are turning to residents for advice – meaning online ratings and reviews provide important feedback not just for prospective tenants, but for property managers as well.
The new trend in long-term renting serves many apartment dwellers well. Check out the economics behind the phenomenon here.
If you see yourself living in your apartment for the foreseeable future, you are not alone. Chances are, you may fall into a category labeled “perma-renter.”
For perma-renters, apartment living isn’t a temporary situation; it’s a preferred way of life.
The number of perma-renters is on the rise. In the wake of the recession, the housing bust and a stagnant job market, perma-renters have no interest in becoming homeowners. They’re content to stay put, seeing apartment life as a more convenient and affordable alternative to buying a home.
Here’s a look at some of the economic factors helping to create the current perma-renter boom.
In some cities, you’ve got to bring your best to nab your favorite apartment in a competitive market.
In some rental markets, apartment hunting can be as competitive as a job search.
In fact, modern, savvy apartment seekers often visit apartments as prepared as if they’re on a job interview.
If your apartment search lies in a highly-competitive rental market, like New York City, you may want to employ a few clever approaches to help secure your tenancy.
Here are some tactics to help you nab your first-choice apartment and seal the deal on the spot!
Insurance for your rental apartment can do a lot — and really add to your peace of mind!
You might think you can get away without buying renter’s insurance — and you may have plenty of excuses for why you don’t need it:
- Your landlord already has insurance.
- You don’t want another monthly expense.
- You’re not required to carry it.
But we’re betting you’d throw those excuses right out the window if you truly understood the kind of protection that renter’s insurance offers.
If you have an apartment and you don’t have this protection, there are a few things you really should know about the benefits of carrying renter’s insurance. Read on!