Rentals typically run on a monthly cycle. It is a good idea to begin your search at least one month before your desired move-in date.
Design a “wants list”; know your price range, neighborhood, apartment size, move-in date, and any other feature that you may “want”. This will save you the time of looking at apartments that do not fit your needs. If your “wants list” should ever change, inform your broker so that he or she doesn’t miss a potential apartment that may be suitable.
Get up and go! If your broker has an apartment that meets your needs it is not a good idea to put off viewing it until the weekend or on your next day off from work. Most of the time your broker will have easy access to the apartment and it will not be uncommon for he or she to have keys making show times extremely flexible to fit your schedule.
A renter can expect to submit a variety of documentation in order to confirm their financial ability. In most cases landlords require that a tenant earn 40-50 times the amount of the monthly rent to meet financial eligibility. A landlord will typically require a good credit history and may request references from your employer and prior landlords.
Disclaimer: Use this checklist as a reference and keep in mind that every landlord may have different requests and this is in no way a standard for all apartments.
5-10 days - Typically
1-20 days – this varies based upon your “wants”
1-3 days – in most cases this can be completed right in your brokers office.
1-3 day – In some cases this can take place in your brokers office.
It can take longer if one of the parties is out of town.
Varies – The new landlord will determine the policies.