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{"id":12,"date":"2020-10-16T19:55:00","date_gmt":"2020-10-16T19:55:00","guid":{"rendered":"https:\/\/www.21southatparkview.com\/blog\/?p=12"},"modified":"2020-12-21T18:44:19","modified_gmt":"2020-12-21T18:44:19","slug":"10-important-questions-to-ask-when-renting-an-apartment","status":"publish","type":"post","link":"https:\/\/www.21southatparkview.com\/blog\/2020\/10\/16\/10-important-questions-to-ask-when-renting-an-apartment\/","title":{"rendered":"10 Important Questions To Ask When Renting an Apartment"},"content":{"rendered":"

Renting an apartment <\/b>is a large social and financial commitment, and a renter may have a lot of questions running through their mind. How much rent should one expect to pay? What are the other monthly charges? How large of an apartment should be rented? What type of lease term should be considered? What amenities are available? What is nearby the apartment complex? <\/span><\/span><\/span><\/span><\/p>\n

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Luckily there are a lot of resources available to help renters get the most value out of their hard-earned money, and the internet makes it easier than ever to find the answers that help a renter make an informed decision. Below are answers to just a few of the most common questions that both new and veteran apartment renters alike should ask while they are apartment hunting. <\/span><\/span><\/span><\/span><\/p>\n

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1. Can a single person rent a 2 or 3-bedroom apartment?<\/span><\/span><\/span><\/b><\/span><\/h2>\n

An individual can rent an apartment that they can afford.Whether that be a single bedroom, or even a <\/span><\/span><\/span>3 bedroom floor plan<\/span><\/span><\/span><\/a><\/span><\/span>, many apartment communities will require proof that a renter’s income is high enough to comfortably afford the rental rate of the particular unit type.<\/span><\/span><\/span><\/span><\/p>\n

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The minimum income requirement is usually in the range of 2.5 to 3.5 times the monthly rent. As an example, if the rent of a unit is $800 per month and the apartment community requires an income of three times the rent, the renter would need to make at least $2,400 per month, which is equivalent to $28,800 per year or about $13.70 per hour. This is usually verified through providing check stubs and\/or a letter of verification of employment from a supervisor.<\/span><\/span><\/span><\/span><\/p>\n

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If you do not make the minimum income requirements to rent an apartment by yourself, you can combine your income with a roommate or a cosigner that guarantees to pay your rent if you are unable to cover it yourself in a given month.<\/span><\/span><\/span><\/span><\/p>\n

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By renting an apartment with an extra bedroom, you have the flexibility and many options to repurpose the spare room. Just a few ideas are below:<\/span><\/span><\/span><\/span><\/p>\n