Alaska Apartment Lease for 6 Months
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How to fill out Apartment Lease For 6 Months?
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FAQ
Age Requirements You must be at least 21 years of age to rent. The following provisions apply for customers between the ages of 21 and 24. A Young Driver surcharge of $25/day will be applied.
If I am under 18, can I rent an apartment on my own? If you can find a landlord to rent to you, you may be able to rent an apartment. But if you decide after two weeks you want to move out, you will probably not be able to cancel the contract because housing is considered a necessity.
The easy answer is that Alaska is big and sparsely populated, access to many places is difficult and it's far from places where goods are manufactured. Shipping is, therefore, expensive, and it drives up the costs of everything from gasoline to lumber to finished consumer goods. Hence, everything is more expensive.
As far as rent goes, Alaska is ever so slightly cheaper than the U.S. as a whole. According to Apartment List's 2019 report, the median rent for a studio and one bedroom apartment in Alaska is $17 and $21 cheaper than the national median, respectively. The state is mostly made up of homeowners, though.
You won't be legally entitled to a tenancy until you turn 18, so you're likely to have problems finding a place to live. It may be possible to get someone to hold the tenancy 'on trust' for you until you turn 18. This can be the landlord or another adult, such as a social worker if you have one.
As the median rent cost of a one-bedroom apartment in Anchorage is $1,187, the average resident would need to take home around $4,000 before taxes to live comfortably in Alaska. That translates to $48,000 yearly.
Average Housing Costs in Alaska: $806 to $1,933 per month You won't have many neighbors wherever you end up living in Alaska, as the population was just 731,545 in 2019, according to the most recent U.S. Census Bureau data available.
Most laws across the U.S. set the minimum age for being considered an adult at 18 years old. There is, however, an exception to that rule emancipation. Unless you are emancipated, you are not legally allowed to enter into a contract, and a lease is a contract.
Unfortunately, Alaska is also known for being one of the most expensive states. As of January 2021, the cost of living in Alaska was 24.09% higher than the national average.
Since minors can't make legally binding contracts, landlords usually require the applicant to find an adult, usually his parent or guardian, to co-sign the rental agreement. The cosigner is financially responsible if the minor fails to pay the rent or causes damage to the property.