In today’s economy, it seems that for most people renting an apartment is the way to go. Which is why apartments for rent are on the rise, and realtors are shifting their focus from selling apartments to renting them.
If you’re in the market for apartments for rent in Boston, here are a few things you should consider:
Setting the Budget. Like most other things, cost is the primary consideration when looking for an apartment to rent. Conventional wisdom taught us that you should allocate about 30 percent of your annual income for housing. That’s the usual benchmark anywhere, including here in Boston.
Set Yourself Up as a Reliable Tenant. Nothing turns landlords off faster than an unhealthy financial situation from prospective renters. Prepare yourself for the inevitable. Landlords will ask for financial proof such as bank statements, checkbook, references, and, sometimes, credit scores. Be sure to have these in order before setting out to talk to prospective landlords.
Ease of Access. This is stating the obvious, but starting your search in areas near your work would be great. Renting in a location near your workplace could boost your savings overall. But if the location of the apartment, however near to your workplace, is highly commercialized, you’d probably be better off living a bit farther away if it would put more dollars into your savings.
Ask a Lot of Questions. Before meeting a prospective landlord, be sure to have a list of questions that you want to ask about the apartment ready. You’ll definitely have some more questions as you inspect on-site, but you’ll save yourself and the owner a lot of time and get all the things you need quicker.