Finding Your First Apartment after College

May 1, 2011

Apartment hunting might not be on your top priorities list at the moment. It’s more likely term papers, finals, commencement, and maybe your graduation party. But that said, if you’re thinking of moving into your own spot after graduation, it’s better to start looking earlier than later. Starting early will assure you have a larger selection as well as place yourself to better negotiate apartment rental rates. Wouldn’t you rather have a nice apartment such as one with a view and balcony for $800 than the same unit in the same building without a view or balcony for $800?

The CanadianFinanceBlog highlights many great recommendations to consider when apartment hunting. Be sure to check out the full post here.

We’d like to further add to this with a few of our own tips.

A) Use Multiple Resources

In Los Angeles, Westside Rentals is a top website that features many listings. Don’t put all of your eggs in one basket. If you have a lot of friends also searching for apartments, ask them to help one another. Try relatives and craigslist, and any local newspapers as well. Often times it’s in these obscure listings or under used resources where you’ll find gems for great deals.

B) Consider A Roommate.

If you don’t mind living with others, you can save a lot of money this way. The savings comes from splitting utility bills such as electricity, internet, water, and heating. Added benefits also come from your grocery bills and of course rent.

C) Checkout The Crime Statistics.

If you’re moving to a new neighborhood you’ve never lived in or are not familiar with , call the local police department or stop by to learn more about the area.

D) Drive by At Night Time.

See first hand how the neighborhood is at night time. Does it feel safe? Does it feel like a college town? Is there parking? Is it quiet or loud?

E) Always See The Location

Always visit your new place before signing a lease. In case you can’t, have someone else check out the unit. Don’t trust the photos.

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