Need a rental?

Renting a home may be a better fit for your lifestyle. When renting a home, set a realistic budget, thoroughly review the lease agreement, obtain renters insurance, research the neighborhood, consider potential roommates, gather necessary documents like proof of income, and ask questions about utilities and maintenance responsibilities during viewings. If you’re unsure where to begin, you’ve landed the perfect real estate brokerage that will connect you to a representative that will provide you with direction and information to make sure you get the keys to your next rental home.

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 FAQs

  • Benefits of using a realtor for apartment rentals:

    • Market Expertise:

      Real estate agents stay updated on current rental prices, neighborhood dynamics, and available units in your desired area, allowing them to identify properties that match your criteria and budget. 

    • Access to Listings:

      They have access to the Multiple Listing Service (MLS) which includes a wider variety of rental listings, including potentially unlisted units, compared to what you might find searching online alone. 

    • Negotiation Skills:

      Realtors can leverage their experience to negotiate better lease terms with landlords, potentially securing lower rent, flexible move-in dates, or additional amenities. 

    • Guidance through the Process:

      They can explain complex lease agreements, help with credit checks and income verification, and guide you through the application process, ensuring you understand all aspects of the rental contract. 

  • Renting can be better than buying a home because it can be less expensive, more flexible, and require less responsibility. Some benefits include:

    • Lower monthly payments: Rent payments are often lower than mortgage payments 

    • No real estate taxes: Renters don't need to pay real estate taxes 

    • Utility costs: Utility costs may be included in the rental fee 

    • Relocation: Renting makes it easier to move 

    • Downsizing: Renting allows you to downsize if you want to live in a smaller space 

    • Maintenance: Renters don't need to pay for maintenance and repairs 

    • Insurance: Renters don't need to pay for home owners insurance 

  • Steps

    1. Determine a budget: Consider how much you can afford to spend on rent. 

    2. Find available properties: Look for properties online that match your preferences. 

    3. Schedule tours: Arrange to see the properties you're interested in. 

    4. Create a profile: Gather the required documents to apply for the property. 

    5. Apply: Complete the application process, which may include a credit check and background screening. 

    6. Sign the lease: Read and understand the lease agreement before signing it. 

    Documents

    • Photo ID: Provide a valid driver's license, state-issued ID, or passport. 

    • Rental application: Complete the application and provide any required documents. 

    Considerations 

    • Credit: You'll need at least fair credit to be approved.

    • Income: Many landlords require a gross monthly income that's at least three times the rent.

    • Security deposit: If your credit score is low, you may need to pay a larger security deposit.

    • Cosigner: You may be able to get approved with a cosigner.