How Much Money Do You Need to Rent An Apartment?

http://www.renturhome.comBudget is such an important thing that matters a lot in every sector whether you are purchasing something, traveling or even investing on something. You just cannot take any step beyond your budget and similarly when you are searching an apartment then you must know your budget and money you will be required to rent an apartment only then you can find the best apartment within your budget. In today’s date almost everything comes at expensive prices. Landlords nowadays hire property management companies that keep their properties well maintained and also sets higher rental charges for the rental properties so, you should be aware of all the expenses you will have to go through while renting a home and this will decide how much actually you will need to pay for renting an apartment. So, here is the list of the payments that you will need to pay before renting an apartment:

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Advance payment

Your landlord will ask for some advance payment to get sure about your tenancy. This type of payment is non-refundable. The amount may be either the half of the one month rent or even the full.

Broker charges

If you used a broker to get your apartment then you need to pay the broker charges also. They will take their commission to find an apartment for you. Commonly the broker’s charges are either the 10% of one year’s rental charges or equal to the first month rent.

Security deposit

Landlord collects security deposit which is refundable. This amount can be equal to the one or two month’s rent. If you will not cause any damage more than normal wear and tear then you landlord will return the security deposit. If the landlord will find any major damage then he will deduct the maintenance charges from the security deposit and will return the rest.

Other Fees

The landlord may also charge you other fees for ex- pet’s charges. He might not allow pets in his house but may agree by charging fees for them too. This will also be taken as security deposit which will help the landlord pay for a situation your pet causes damages.

These are the expenses that you will be charged when renting an apartment. So, consider all these things while determining your rental budget that how much you can afford.


This apartment is located on a main bus line (#04 and #62) and a short walk down the street from the “Weis” grocery market. Apartment will impress the next renter with its interior. Living room hallway and bedrooms have gorgeous dark wood laminate flooring. Kitchen has white cabinets and light wood counter-top. White gas stove and black refrigerator. Bathroom has oak style medicine cabinet and vanity with white top toilet, tub and fiberglass tub surround. Chromes fixtures. Bedrooms are spacious with plenty of closet space. Ceiling fan in living room. Forced Air Heat and Window A/C. (to be provided by tenants)—-Laundry area in the basement with washer and dryer hook-ups with a separate hallway from inside the apartment for easy access. Back and front yard are neutral living spaces for either tenant to enjoy. Off street parking in rear – 1 parking space per apartment. WATER BILL INCLUDED IN RENT!! Call Today!! This Apartment Won’t Last Long!!!

  • $850
  • 2 bd
  • 1 ba
  • 714 sqft
  • Rental



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