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Tips to Choosing the Right Apartment Unit

08:09 | 16-09-2024

Pick the Right Neighborhood Probably the first thing you need to do before you choose an apartment is figure out which neighborhood would suit you the best. Most cities boast a diverse range of neighborhoods. Whether you want nightlife or a short walk to the beach, you can find it. Consider Your Rental Budget Your budget will largely dictate the neighborhood and type of apartment you choose. Make a list of your current expenses and leave room for an emergency fund or other savings. Some people use the 30% rule, where they spend no more than 30% of their gross monthly income on rent. You can calculate how much you should spend on rent with Brixbid’s Rent Calculator. Keep in mind some landlords require a baseline for your gross income. For example, they may decline to offer a lease if your gross income is less than 2.5 times the rent.
Prioritize Your Wish List There are always trade-offs involved when choosing an apartment. One unit might have the amenities you want but fall outside your ideal budget. Another may not have in-unit laundry or views of the city you want. Make a list of your needs and wants to prioritize your deal-breakers. When you start apartment hunting, you’ll know which units work best for you. Think About Your Lifestyle You may know you want to live in a trendy neighborhood with nightlife, but there’s more to consider. Think about your pets or if you would like to adopt one at some point. You may also need to choose an apartment that allows smoking or a short-term lease if you hope to relocate for a promotion. Some apartments may also face a busy street. If you choose an apartment like that, make sure you’re okay with some noise.