There are so many things to consider when renting an apartment. What are some helpful tips to know prior to leasing and moving in?
Be Aware of ALL Leasing Fees and Procedures Most apartment complexes require that a lessee under 23 years old have a co-signer. Most management companies have applications listed on their Web site. If you decide to rent an apartment that you have only seen pictures of, make sure those pictures are of the unit you will lease. Required Fees Application Fee: $50 – $100 Move-in Fee: $375-$500 Security Deposit: Based on requirements set by property manager/landlord (sometimes first and last month’s rent is required) Optional Fees Pet Deposit: $250 – $300 (some leases do not allow pets or only allow pets as designated by lease) Apartment Complex Parking Per Month (Streeterville/Gold Coast) up to $300 per month Fitness Center Fee: $60 and up per month Apartment Hunting Trips and Placing a Security Deposit Carry your checkbook and identification just in case you need to place a deposit quickly to secure the apartment so that it won’t be taken by the time you return with your money. Be prepared
