Whether you're planning on moving to a new neighborhood in your current city or an entirely different city and state, you may have plans to rent a property for a while before buying a home. In that case, it's best to consider a few factors that will help you determine the most suitable place based on price, space, location, and so much more.
Is the Area Safe?
Start by considering the different areas where you're looking for properties for rent. For example, if you're interested in moving into a major city, you should know that some neighborhoods may be safer than others, with some areas having significantly higher crime rates. The overall safety of the area in which you live is important because you wouldn't want to constantly worry about becoming a victim of a crime.
Is the Price Within Your Budget?
Although living in a safe area is ideal, you should also determine what you can currently afford to spend on rent each month. Because the cost of living has increased over the years, so has the average cost of rent in different areas, but not all landlords will charge the same amount. It also helps to find out if anything is included in the rent. For example, some landlords include the cost of water or certain utilities, such as cable, in the rental price. On the other hand, some will expect you to pay for all utilities and garbage and sewage fees. These are expenses you'd need to factor into what you'd spend each month living in that property.
What's the Walkability Score for the Area?
If you don't have a car or prefer to drive as little as possible to save on gas and get some exercise, you may want to move into an area with a higher walkability score. Some places are incredibly walkable, providing quick and easy access to convenience stores, pharmacies, fast food joints, and other hot spots on foot. However, other areas are more secluded, meaning you might need to drive or take public transportation to get around to different places.
When you're considering renting a property in a new area, there are many things to think about in advance, including the neighborhood's safety, the cost of living there, and the walkability score. By gathering more information on different rental properties, you can use the process of elimination to find the ideal space in a safer area you can afford to live in while also having access to different attractions, stores, and activities.