Congrats, you’ve decided that you’re ready to look for your first apartment! But, remember that renting is a big responsibility. To enjoy all of the perks that come with apartment life, read our tips so you’ll be fully prepared and understand what you’ll be dealing with as a renter.
When apartment hunting, you want to have a strict budget in mind for rent. Experts say that your rent should be no more than 25-30% of your take-home pay each month. Even if a place has a promotion for the first few months, be aware of how much the rent is when the promotion is gone so you can know if it’s realistically in your budget. Also, remember to ask about utilities. You want to get a good idea of how much extra money you’ll be putting towards bills each month, and that should factor into your budget.
To secure the apartment, you will likely need a deposit- often similar to the amount you’ll pay for rent. Also, an application fee is required for most apartments, so be wary of how many apartments you choose to apply for. In addition, pets typically require a fee and deposit before moving in, so this should also be factored into your budget and decision-making process.
Credit Cards In Moderation
Credit cards are essential in order to establish credit. Paying off a large sum of debt in a reasonable amount of time helps to strengthen your credit score, which can help you in the future. However, know that credit cards should not be overused, and should really only be used in case of emergencies.
What You Need vs. What You Want
Before you even begin looking at apartments, make a list of what you need, not what you want. You need to think about location, public transportation, parking, pet-friendly building, neighborhood safety and more. While you may want an apartment with all the amenities, you may find something better suited for your needs without certain amenities that you can live without.
Let Us Be Your Apartment Home!
Whether you need your very first apartment home or are relocating to the area, Apartments of Harborside Village would love to be your dream apartment home. Looking for beautiful water-front apartments in Joppa, Maryland? Let us show you one of our spacious and affordable apartments at the Apartments of Harborside Village. To learn more about our apartment options, visit us online, give us a call at 410-679-1130, or email us. For a peek into what it’s like to live in our community, follow us on Facebook, Twitter, Pinterest, Google+, and YouTube!