The Top 10 Things to Look for in a Rental Property

Monica Jackson
Published Jun 13, 2024


When you're in the market for a new rental property, it's important to take the time to thoroughly research and consider all factors before making a decision. From location and size to amenities and lease terms, there are many things to consider to ensure you find a rental that meets your needs and fits your budget. Here are the top 10 things to look for in a rental property:
 

1. Location


The location of your rental property is one of the most important considerations. Think about your daily routine and destinations, such as work, school, and other activities. Look for a rental conveniently located in these places. In addition, consider the safety of the neighborhood and the potential for noise or other disruptions. Research the area and talk to locals to get a sense of the community.
 

2. Property's Size and Layout


Consider the number of bedrooms and bathrooms you need, as well as the overall square footage of the property. A larger rental may come with a higher price tag, but it could offer more space and flexibility for your needs.
 

Amenities and Features


Consider the presence of a backyard or outdoor space and on-site laundry facilities. Upgraded appliances, countertops, and flooring can add value to a rental. If you have a car, ensure the house has the availability of parking options.
 

4. Rent and Lease Terms


When leasing a property, it is vital to ensure that the rent fits within your budget and to consider any potential rent increases. The length and terms of the lease are essential to consider as well. A shorter lease may give you more flexibility, but a longer lease could offer stability. Read the lease carefully and understand any restrictions on subletting or sharing the property.
 

5. Property owner and Management


As a tenant, you should do your due diligence to understand the property owner or management company's history and reputation. Ask for references from current or former tenants and conduct research on the company in question. It's an effective way to ensure you are getting what you expect from your rental agreement.
 

6. Rules and Regulations


Before signing a lease, it is essential to know the rental property's policies. Familiarize yourself with pet regulations, smoking rules, guest guidelines, and noise and disturbance levels laws so you can ensure these are in line with your needs and lifestyle. It'll allow for an enjoyable living experience.
 

7. Utilities and Other Expenses


Utilities and other expenses can add up quickly, so it's essential to understand who is responsible for paying them. Some rentals include utilities, while others require tenants to pay for their own. Be sure to ask about any additional fees or charges that may be assessed, such as trash pickup or parking fees. It's also a good idea to consider the availability of internet and cable options in the area.
 

8. Safety and Security


Ensure the presence of security features such as locks and surveillance cameras. Research the area and talk to locals to get a sense of the community. It's also important to consider the potential for natural disasters or other hazards in the area. For example, if you're looking at a rental in an area prone to earthquakes, ensure the property can withstand tremors.
 

9. Maintenance and Repairs


It's essential to research your potential landlord or property manager's policies on maintenance and repair before signing a lease. Uncover who is answerable for any problems with the home and how to make requests for restorations. Furthermore, find out when the building's age and if major renovations have been made over time to have an idea of possible upkeep issues that may appear in the future.
 

10. Lease Agreements and Paperwork


Before making a final decision, reading and comprehending all aspects of the lease is essential. Make sure you are aware of the terms and conditions and other related paperwork, such as security deposits. Should anything seem confusing or unclear, feel free to ask for clarification from your property owner or property manager to feel fully assured before agreeing.

Evaluate and analyze various factors to ensure the property meets your requirements. Location, size, amenities, and lease terms should all be considered when searching for the ideal rental home. Follow this top 10 checklist to boost your chances of finding accommodation perfect for both budget and preference.

Related Articles

Beware of Rental Fraud...

Unfortunately, a lot of people in this world have always been trying to figure out scams to defraud you of your money. Sadly, this is just something that's getting a lot worse in these tough economic times. It's not necessarily be...

Rental Assistance Programs You Need To Know...

According to the National Low Income Housing Coalition, few people working a full-time minimum wage job can afford to rent a two-bedroom apartment. Therefore, many turn to rental assistance programs that help pay the rent and fi...

How to Find Rentals That Accept Housing Choice Vouchers...

Securing a home with a housing voucher can greatly reduce your housing expenses, yet the journey to finding such accommodations can sometimes feel complex. Here's a straightforward guide to streamline your searc...

Finding Rental Assistance in 2023...

Rents continue to rise in 2023. Although rental rate increases have recently slowed, rental price growth is still higher than before 2020. In July, rent prices grew by 0.31% from July 2022, slower than earlier in 2023 but still rising....

Understanding Rental Assistance: A Comprehensive Guide...

Understanding Rental Assistance: A Comprehensive Guide In these economically challenging times, finding reliable information on rental assistance can be a lifesaver. This guide aims to provide you with essential res...

Learn About the Different Rental Assistance Programs...

Renting can seem like such a stressful process. From finding the right place to live to ensuring you get the best deal possible, it's easy to feel overwhelmed. Fortunately, there are rental assistance programs th...