Are You Apartment Hunting The Right Way?

Are You Apartment Hunting The Right Way?

Moving into a new apartment in a great neighborhood can be really exciting. Unfortunately, apartment hunting can be overwhelming, but it doesn’t have to be. If you’re on the hunt for the perfect apartment in New York, follow these tips to make life easier and help you find the best place for your needs.

Don’t Go It Alone!

First off, don’t try to hunt for an apartment alone without any help. You might come up with something great, but you might also be missing out on an amazing place that’s just become available. Tell your friends and coworkers that you’re looking. Give them a rough idea of where you want to move, what your budget is, and when you’re moving. Then ask them if they know of anything or if they have any recommendations. You might be surprised at the great leads you get!

If You Can – Move in the Winter

Did you know that rental prices tend to be lower from November through January? This is the lowest-demand time for apartments, so landlords and property management companies tend to give a lot of breaks and move-in deals. So, if you don’t absolutely have to move during the spring, summer, or fall, wait until winter and cash in on an off-season move.

Are You Looking in the Right Neighborhoods?

You might be in love with one particular neighborhood, but if it’s not convenient to where you work, where your friends live, and where you do your usual shopping and dining, you’re probably not going to be in love with it for very long.

To be sure that you’re looking in the right neighborhoods, think of where you spend the most time and where you’ll be happiest. Also, consider how far you’ll have to walk, or bike to get to a transit station and if you’ll be close enough to your destinations to take an Uber. Check out a few different areas around where you work and play to see where you’ll find the best apartments and the best deals.

Find Out About Hidden Expenses

After you’ve done some searching and you’ve found a potential apartment, don’t just jump on what looks like a good deal. Find out if there are any hidden expenses and what they might be. Some of these might include:

  • Pet deposits and monthly fees
  • Increased car insurance premiums (due to moving to a higher risk area)
  • Unexpected utility costs (e.g., due to moving into an older building with poor insulation)
  • Parking

After you find out about how much utilities and other expenses will be, add those to your rent, and consider anything else that might add to your monthly costs. For example, at your old place you might’ve been within walking distance of work, but now you’ll have to take the train or call a cab in the mornings. Add all of these costs up to see if you’re getting the deal you think you are.

Do a Thorough Walk-Through

Finally, before you commit, you’ll want to make sure that everything works and that it will all work for you. Check all electrical outlets to see if there’s no faulty wiring and if they all work. Open up the kitchen cabinets to make sure that they’re deep enough to actually hold your dishes, pots, and pans. Be as thorough as you can, and you’ll be sure to avoid a few nightmares.

Follow these tips, and you’ll be on your way to finding the best apartment for you in the best location – without all the hassle and stress!