Being a first-time renter can be a little scary. It’s the moment you are going outside your comfort zone. You are about to live on your own. There’ll be a lot going on and tasks to do. But don’t worry as we are here to guide you on your way.
In order for things to be easier, here are some guidelines you need to know.
First Time Checklist Questions for an Iowa Renter
These are simple questions but significant for a first-time renter.
1. How much is your budget?
Your budget is the most important question when you are opting to rent an apartment in Iowa. This can make or break your lifestyle’s comfortability. List how much you make in a month then list down all the expected expenses. These expenses may include your:
- Monthly rent
- Utility Bills
- Food
You may also leave some for emergency expenses and savings if you can.
2. How much is the overall cost of the apartment? (Rent, Security Deposit, etc.)
If it’s your first time to rent, the ideal ratio of your rental fee should be 25-30% of your monthly income. If it goes higher than this, your budget might be constrained. Be sure to add all your utilities – even the internet bill on your budgeting.
3. Will you need a co-signer?
This usually is needed. For example, students may need their parents as co-signer. The co-signer will vouch for your rent and will sign a contract. If ever you won’t be able to pay your rent – your co-signer has to pay for it.
4. What will be your means of transportation?
You have to take your means of transportation into consideration. Whether it’s a trip to the nearest mall, clinic, convenience store or school. Will you be riding public transportation or a bike will do? Make sure that you know your transportation method in your new area. This way it’ll be easier for you to travel around.
These are just a few of the things to be in your question list as a first-time renter in Iowa. Hopefully, this may guide you on your journey of standing out on your own. Should you need help in moving to your new apartment. Just send us a message.
Have a nice day!