Things You Need to Know Before Renting an Apartment for the First Time

Michael Davis
Published Mar 14, 2025


When the time comes for you to move out of your parent’s house, you will need to rent an apartment. While you will finally be excited to enjoy some freedom, it will come with extra responsibilities. You will enjoy living independently and choosing what to do whichever time you want to do it.

Additionally, you will start paying for utilities, rent, and other services you may not have bothered about before. You need to know how to find a suitable apartment to enable you to enjoy your renting experience. Here are five tips you should consider:
 

1. Create a Budget


Before renting your first apartment, set a budget and save a few months before moving out. Then, follow the budget even after moving into the new apartment to have enough for utilities, rent, décor, and other things. It would be wise to avoid spending more than what you can afford when renting an apartment for the first time.

Experts advise that your rent shouldn’t exceed 30% of your gross income. Also, include all periodic expenses in your budget and leave some room for unexpected spending on your budget. It can be a great idea to find a roommate to reduce the costs by sharing the bills. That will enable you to spend the amount you’ve budgeted and save some extra.
 

2. Choose an Apartment Based on Your Needs


When looking for a rental apartment, find one that suits your needs. You cannot live without certain features to enjoy comfort in your new home. If you don’t have a car, you should rent an apartment that allows you to access public transportation easily. Also, you will need to find a community that helps you to live with pets if you own one.

Wants are the things you prefer to get in your rental apartment but those you can live without. For example, you may find an apartment with amenities like swimming pools, but it is not a must you live in. Hence, start by considering your needs and then enjoy if you find an apartment with some wants.
 

3. Tour the Apartment for a Viewing


These days, you can easily view a house that interests you online. However, it would be better to physically tour the apartment because you’ll see the kind of neighborhood it sits in first-hand. You will also see the condition of the house and its features.

Additionally, you will learn the type of people living in the neighborhood, security details, and any other information you’d like to know about the area. Request the property manager to take you on tour and ask them all questions you may have concerning the apartment and its neighborhood. List the questions before going for the tour to avoid leaving out important details you may want to find out concerning the house.
 

4. Ask About the Application Process


Most first-time renters may be unsure of the procedure when applying for an apartment. However, the process involves filling out application forms, checking your credit status, and paying a small fee. You will then get approval notification from the property owner within 48 hours, with some doing it minutes after submission.

Your new landlord may request you to provide a guarantor if you don’t have any credit. The guarantor will go through a credit check because they’ll promise you’ll pay rent on time. Make sure the guarantor is someone you can trust.
 

5. Avoid Signing the Rental Agreement Before You’ve Read and Understood It


You’ll be excited to sign the lease agreement since it will be your first time doing it. However, avoid rushing to sign the papers before reading and understanding their contents. If the contract contains some clauses you don’t understand, find a professional to explain them.

Also, ensure the property manager includes everything you agreed to while touring the apartment on the agreement. Then, get copies of the documents to always refer to when you are unsure when to pay rent, what happens if you pay your rent late, pet policy, among other issues.

You shouldn’t worry about renting an apartment, especially if you’re doing it for the first time, because the process may not be as challenging as you think. Even though you’ll have extra responsibilities like paying rent and utilities, you will enjoy the experience. The above tips will guide you to avoid making regrettable mistakes as you have a successful first-time encounter.

Related Articles

Can Renters Stop Paying Rent If The Landlord Doesn't Fix Things?...

What You Need to Know as a Renter When you rent a place, your landlord has to make sure it's fit to live in. This means they must keep it clean, safe, and working right according to the laws of whe...

Life-Changing Bill Aims to Stop Evictions Over Unpaid Rent in California...

In California right now, if you can't pay your rent on time, your landlord can ask you to leave your home, even if you've found a way to settle your unpaid rent. But there's a new plan b...

Changes to Fair Market Rents for 2025: Impacts on Affordable Housing Programs...

On August 14, 2024, the U.S. Department of Housing and Urban Development, or HUD for short, announced the new rent prices that will be considered fair for the fiscal year 2025. This change wi...

Landmark Legislation Protects Tenants Using Housing Assistance...

In Michigan, a new rule has been established that changes the way landlords can select their tenants.  Governor Gretchen Whitmer recently signed a group of bills that make it illegal for landlords who...

How Much of Your Income Should Go Towards Rent?...

Before you jump onto rental websites to find your next home, it's important to work out how much you can afford to pay for rent without stressing your finances.   The 30% Rule A common approach is to use the 3...

15 Cities Where It's Still Affordable to Rent

Looking for a place to live without breaking the bank? While it's getting harder to find inexpensive apartments across major U.S. cities, there are still some places where paying less than $1,000 a month for rent is possible...