Searching for an apartment is stressful! It’s hard enough to know how, when and where to look, and how much you’re willing to pay for rent each month. Add friends or roommates into the mix with different ideas, schedules, budgets, and opinions, and things get complicated fast! We’ve got tips on how to make it as low-stress as possible! 

Decide on your budget

Start by talking about the most important thing: Money. Discuss everyone’s ideal budget, and agree on a monthly number that everyone is comfortable with. If splitting rent straight down the middle doesn’t make sense, determine who is willing to pay more for a larger bedroom or a room with a private bathroom. 

Talk about your rental history

Most landlords and property managers (including Palm Property Mgt.) require you to provide six weeks of income documentation, submit to a credit report, and a background check to ensure you’re a qualified. Palm Property Management actually works with a screening company to make sure that Residents are treated fairly throughout this process. 

It’s important everyone communicates any potential issues regarding these requirements (such as debts, past evictions, or any other issues) that could prevent you from being approved. If necessary, consider getting a cosigner. 

Pick a neighborhood

With your cost of living budget out of the way, it’s time to determine which neighborhoods you like best. Pick a few different neighborhoods so you don’t put all of your eggs in one basket.

Get on the same page

Talk about what everyone expects out of their future apartment and be conscientious of those throughout your search. If you have to have in-unit laundry, let your future roommates know upfront. In the end, someone may have to compromise, but neglecting to check off things from everyone’s wishlist could cause resentment and tension.

Pick a Leader

Some property managers or landlords will require a master tenant to sign the lease and pay rent in the event there are several roommates. Palm Property Management does not, but we still think it is a good idea to have a “ringleader” to make sure that everyone stays on top in their tasks and to communicate with everyone about important details. 

Shop around

Start your search online! You can review photos, videos, and get tons of information online! Renting is different from purchasing, but it is also a lot more accessible! You can set filters with your desired location, budget, and amenities, and then create alerts so you’re the first one to know if your dream home hits the market. If you don’t find what you’re looking for right away, don’t get discouraged, new places are posted for rent every day!