As a renter, there are several top amenities that you have. But at the same time, landlords know about these must haves and they are willing to increase the rent based on the fact that they have them. So how can you get the home of your dreams without breaking your rental budget? Get into the mind of the landlord of course.
Location, Location, Location
If you dream of being close to everything, then trust us, your landlord knows that too. They often do not need to offer anything more than that, especially if their location is close to a thriving metro. So be willing to explore locations slightly outside your preferred area. Quite simply, this can mean more space for a better price. With quality transportation, you can still enjoy the entertainment and restaurants of your metro area without the increased rental costs.
The added bonus is that you might find more space, additional upgrades and even a more open floor plan. Stepping outside of your ideal neighborhood could mean finding your ideal home.
Upgraded Space Equals Upgraded Price
While we all love those spaces that appear freshly renovated with the current material trends, those spaces can also mean a significant increase in rental price. As a renter looking to stay in a budget, be willing to look at well maintained properties but with a slightly older style. You might find the savings are worth slightly outdated materials. Landlords are often willing to trade upgrades for renewals, so be willing to negotiate before resigning your lease. You might find that your kitchen can be a dream for a more affordable price tag.
Other options include decorations and furnishings that draw the eye away from the materials or colors that you do not favor. In the end, your home can reflect your unique style without making you “rent poor.”
Stainless or Not?
Landlords know that as renters, we love the look of stainless. As a result, they are willing to provide them at a cost. So ask yourself, how important is it to me to have the stainless? If you are willing to live without it, you might find that simple white or black appliances will still provide a clean and homey look. A word of caution, however. If the landlord cannot make sure the appliances match, then it might be a sign that they are not paying attention to other details. So be sure to do your homework about the complex and its maintenance history before signing on the dotted line.
Other Top Amenities
Renters love having laundry in unit. Let’s face it, no one likes to make the trip to the laundry mat. Still, in-unit laundry can mean increased rental costs. Therefore, be willing to take a laundry in the building. You will be surprised how you can see a decrease in your rent as a result. Other amenities, such as parking and storage, are things that cost you as well. Landlords may charge for these amenities, so do not hesitate to consider alternatives, such as off-site parking or storage.
When it comes to top amenities, landlords know that providing them equals an increase in rent. For those that are looking to stay in a specific budget, it can be worth it to make some trade-offs to keep your new home budget friendly.