Renting, especially on a short-term basis, can sometimes come with higher monthly costs due to the increased flexibility it offers the landlord. For instance, a studio apartment for rent on a month-to-month basis might be more expensive per month than the same apartment under a lease agreement.
Renting an apartment isn't as easy as waltzing in and saying “I'll take it!”—particularly in today's competitive rental market. With many prospective tenants to choose from, landlords can be picky, and they will prioritize applicants with a track record of paying off debts and respecting their neighbors and community.
Renting, especially on a short-term basis, can sometimes come with higher monthly costs due to the increased flexibility it offers the landlord. For instance, a studio apartment for rent on a month-to-month basis might be more expensive per month than the same apartment under a lease agreement.
Express Interest and Enthusiasm: Show genuine interest in the apartment. A simple statement like, ``I really love the layout and location of this apartment,'' can go a long way. Highlight Your Qualifications: Mention your stability as a tenant. For example: - ``I have a steady job and can provide proof of income.''
In some cities, the odds of getting denied for an apartment can be as high as 30% or more, making it essential to understand why applications get rejected and how you can improve your chances of securing your ideal rental.
Follow these nine steps, and you'll be ready to tackle the renting process with confidence. Determine your budget. Identify your priorities. Ensure you have a good credit score. Search for an apartment. Take an apartment tour. Submit your rental application. Complete a background check. Read and sign the lease.
The application will ask you for the following information: your place of employment, past employers, names and addresses of your current and past landlords, your Social Security number, driver's license number and authorization for the landlord to run a background and credit check.
AB 1482 Caps Annual Rent Increases at 5% Plus Inflation. Effective Jan. 1, 2020, AB 1482 caps rent increases statewide at 5% plus local inflation per year for the next 10 years, unless lawmakers vote to extend it.
As rent has increased in our region, the vacancy rate—which denotes housing property that is available to be rented or purchased—has dropped significantly. A drop in the supply of available rental units may be contributing to the rise in rental costs.