With one of the hottest real estate markets in the country right now, it can be intimidating trying to find an apartment in Boston. However, there is no need to let this intimidation deter you. Here at Rentwise Boston, we have come up with a few tips to help you make the renting process easier, as experts in the local rental market.
Rental process timeline
One of the first aspects to consider is the actual timing of renting your apartment. Although many people overlook this factor, it is actually very important, as the market is much more competitive during certain times of the year. Specifically, in Boston, the summer is the busiest time of the year for the real estate market, with a large majority of renters looking to move-in on September 1st. Therefore, if you are looking to minimize your level of competition you may want to avoid choosing a September 1st move-in date . Check out our blog to find out the perfect time frame to move to Boston!
Set a reasonable budget
Although this tip may seem self-explanatory, it is very important to make sure that you properly budget when searching for an apartment. A general rule of thumb is that living costs should amount to around 25% of your total annual income. Taking this rule into account, it is also important to consider checking your credit score to make sure that you are in the financial position to become a renter. Want to know about all costs involved? Learn more in our other blog about rental prices in Boston.
Find the right neighborhood
There are so many different neighborhoods in Boston, so choosing the right one for you, can be a tough decision. You need to find a location that both fits your budget and matches your personal preferences. If you want to learn more about choosing a neighborhood, check out our detailed blog about each neighborhood.
Use an experienced agent
As a working adult with a personal it can be very hard to dedicate time to finding a rental, especially in Boston’s market. Following leads, actually finding apartments, and contacting landlords to organize a sale can take weeks. Therefore, we recommend that you work with a broker. At Rentwise Boston, we can help. We have a unique, customer-friendly process designed to take the stress out of your apartment search. On our website, we show buildings instead of individual units, and you users can select buildings that they like by adding them to their cart. Then, using this data, an agent will help you find the perfect apartment.
Use an experienced Agent
Overall, when looking for an apartment in Boston, it is crucial to take these general factors about timing into consideration, alongside with your personal needs and preferences, so that you can find what you are looking for. At Rentwise Boston, the platform that shows buildings, we can help you search, contact an agent or check out our website today to learn more.