How to Evaluate Rental Apartments - 6 Ways to Go

Rental apartments offer several facilities that make them ideal for living. The cost of a rental apartment is based on factors such as location and amenities. So, let’s get started with a few tips that will better assist you in selecting a place based on your budget and needs. 

Neighborhood & Location:

Undoubtedly, location of an apartment unit or complex can be a deciding factor for many individuals. If you wish to live within a reasonable distance from your school, work, grocery store and family, then try searching for a location that has easy access to all these facilities.

It is always helpful if you can refine your apartment search, to a particular neighborhood.

If possible try speaking to some local residents in order to get an insight about a particular neighborhood. 

Apartment Rent:

The rental price clarification within your mind will definitely assist you better to narrow down your selection.

The best way to judge your renting capacity is by deducting the monthly expenses from your income and thus determining the amount you want to spend. Experts recommend that an individual should not pay more than 30% of their income as rent.

For example:
If you earn $4,000 a month, then you should not pay more than $1200/month as rent. 

Amenities Offered:

Explore additional amenities that are being offered with the apartment. Thus deciding if the apartment is worthy of the rent being charged: 
  • Attached garage or underground parking,
  • Washer & dryer in the unit, 
  • Dishwasher, 
  • Gym, 
  • Pool, 
  • Children's playground, 
  • Clubhouse, 
  • High-speed Internet and
  • Air conditioners etc.
In addition to these amenities some apartments also offer decor like upscale lighting, granite countertops and hardwood flooring. 

Residence Safety:

Safety is a major deciding factor while locking in on an apartment. Browse through the unit carefully to ensure that all the doors and windows open & shut with utmost ease.

Every room should have a window so the occupants can easily escape in case of a fire emergency. Check the smoke detectors in the units to make sure that they work just fine. Ensure that the corridor lights are in working state and the hallways have fire exit door signs. 

Maintenance Services:
  • Staff on the premises should be accommodating and friendly.
  • Maintenance requests should be handled within reasonable time.
  • If you see any resident, enquire about the response time for repairs and maintenance requests. 
Pets Allowed or Not:

Some rental apartments allow pets on the premises while others do not. If you have a pet, then it’s vital to find out about the pet policy for each company before renting a unit.
  • Check restrictions in pet policies, like breed & weight. 
  • Enquire about the additional charges for having a pet in your unit.
You can then send in your application after making all these necessary enquiries.

We hope that these six methods mentioned would be a part of your apartment check list. Looking for a renovated rental apartment unit in Edmonton which allows pets and is close to all amenities? Then head over to Mainstreet Equity Corp, Canada’s leading provider of rental apartments, across Western Canada.

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