{"id":340,"date":"2019-08-01T03:55:46","date_gmt":"2019-08-01T03:55:46","guid":{"rendered":"https:\/\/globepm.frstage.ca\/blog\/tips-for-first-time-renters\/"},"modified":"2026-01-14T17:15:24","modified_gmt":"2026-01-14T17:15:24","slug":"tips-for-first-time-renters","status":"publish","type":"post","link":"https:\/\/globepm.frstage.ca\/fr\/blog\/tips-for-first-time-renters\/","title":{"rendered":"Tips for First Time Renters"},"content":{"rendered":"\n
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Renting your very first apartment is a natural stepping stone after moving out of mom and dad\u2019s house. The freedom of moving out<\/a> on your own is very exciting, but it does come with a lot more responsibilities as well.<\/p>\n\n\n\n

Being a first-time renter is a really big deal. You\u2019re on your own and can do what you want when you want. It also means paying for services (like utilities) that you\u2019re not used to paying. Make your first apartment living experience a great one. Follow these first-time renter tips so you can enjoy (and find your way through) all the aspects of being a renter!<\/p>\n\n\n\n

TIP #1: BUDGET WISELY\ufeff<\/h4>\n\n\n\n\n\n

Putting together an apartment budget can help you save up for your first apartment. Continuing your budget plans, even after you move in, is a great way to grow your savings for rent, utilities, home d\u00e9cor, and more.<\/p>\n\n\n\n

You never want to spend more than you can realistically afford on rent for your first apartment. Spend no more than 30% of your gross income on rent. The 50\/30\/20 rule<\/a> is another budgeting technique to follow, so you can save for the security deposit or first month\u2019s rent. Remember to include all of your monthly expenses, and make room for unexpected costs when creating a budget.<\/p>\n\n\n\n

Living with a roommate will allow you to split your bills, helping you save money and stay within budget.<\/p>\n\n\n\n

TIP #2: DETERMINE YOUR NEEDS<\/h4>\n\n\n\n\n\n

While scouting for apartments, think about the checklist you made regarding your needs. You did make one, didn\u2019t you? Your apartment or housing needs are very different from your apartment wants. You need to ask yourself important questions before moving<\/a>. They\u2019re your must-haves, the features that will make you the most comfortable at home.<\/p>\n\n\n\n

If you don\u2019t own a car, you\u2019re going to need an apartment in walking distance of public transportation.<\/p>\n\n\n\n

What you prefer to have in your apartment or apartment community is considered a \u201cwant.\u201d They\u2019re on your wish list if you will, but you can live without them. Amenities like a swimming pool or chrome finishes typically fall within this area. Determine what your needs are first \u2013 and then be elated when your apartment comes with some of your apartment wants! It\u2019s a great feeling when the universe works its magic for you.<\/p>\n\n\n\n

TIP #3: KNOW WHAT UTILITIES ARE INCLUDED (AND WHICH ONES YOU NEED TO COVER)<\/h4>\n\n\n\n\n\n

Some apartments may come with included utilities and others will not. If included utilities are important to you, add it into your search since the cost can affect your budget. Talk with your resident manager about the utilities that will be added to each rent payment so you can budget accordingly.<\/p>\n\n\n\n

TIP #4: KNOW THE BUILDING\u2019S PARKING SITUATION<\/h4>\n\n\n\n\n\n

Parking can sometimes be a hassle when you live in an urban area. Lots that fill up quickly and lack of space for overnight guests and visitors can be overwhelming without doing any due diligence as a first-time renter. Speak with your resident manager about the parking situation at the apartment building. Below are some questions you should consider asking that\u2019ll benefit you and your visiting friends and family:<\/p>\n\n\n\n

  1. How much does parking cost per month?<\/li>
  2. Where can my visitors park their cars?<\/li>
  3. If I have an overnight guest, will I need to get them a visitor\u2019s pass for their vehicle?<\/li>
  4. Will I have my own assigned spot in the garage?<\/li><\/ol>\n\n\n\n

    Many apartments close to the downtown area have parking rules for their residents\u2019 guests. Be sure you know the rules about visitors so that yours don\u2019t accidentally take someone\u2019s assigned spot or get towed!<\/p>\n\n\n\n

    TIP #5: FAMILIARIZE YOURSELF WITH THE APPLICATION PROCESS<\/h4>\n\n\n\n\n\n

    Renting an apartment for the very first time can be confusing. First-time renters generally don\u2019t know all the jargon and rental lingo used in an application as well as how to apply for an apartment.<\/p>\n\n\n\n

    This \u201cprocess\u201d is actually pretty simple, generally involving filling out an application, a credit check, and paying a security deposit. The turnaround time for approval is quick. Today, renters can know if they\u2019ve been approved in 48 hours or less!<\/p>\n\n\n\n

    New renters with no credit may need to have a guarantor<\/em> (or co-signer) fill out a form. This person will undergo a credit check since they\u2019re the ones guaranteeing<\/em> that rent will be paid on time. You\u2019ll want someone who you can trust as a guarantor, and they may even be able to offer you some apartment living advice and ways to build credit!<\/p>\n\n\n\n

    TIPS #6: <\/strong>KNOW WHAT THE APPLICATION PROCESS INVOLVES <\/h4>\n\n\n\n\n\n

    Renting an apartment for the very first time can be confusing. First-time renters generally don\u2019t know all the jargon and rental lingo used in an application as well as how to apply for an apartment.<\/p>\n\n\n\n

    This \u201cprocess\u201d is actually pretty simple, generally involving filling out an application, a credit check, and paying a security deposit. The turnaround time for approval is quick. Today, renters can know if they\u2019ve been approved in 48 hours or less!<\/p>\n\n\n\n

    New renters with no credit may need to have a guarantor<\/em> (or co-signer) fill out a form. This person will undergo a credit check since they\u2019re the ones guaranteeing<\/em> that rent will be paid on time. You\u2019ll want someone who you can trust as a guarantor, and they may even be able to offer you some apartment living advice and ways to build credit!<\/p>\n\n\n\n

    TIPS #7: GET RENTERS INSURANCE<\/strong><\/h4>\n\n\n\n\n\n

    You\u2019re new to this, so let me help you out. You should get renters insurance because it protects your belongings from theft and fire! A renter\u2019s insurance policy includes property coverage, personal liability coverage, and temporary housing if the original dwelling has been deemed uninhabitable. Make sure you ask if the insurance coverage you\u2019ve signed up for covers you in instances such as your car getting broken into. The benefits of renter\u2019s insurance are great, not to mention peace of mind for you and your family \u2013 get a policy!<\/p>\n\n\n\n

    TIP #8:  BEFRIEND YOUR NEIGHBOURS<\/h4>\n\n\n\n\n\n

    Befriending your neighbours is an excellent way to get the most out of your first apartment. Getting chummy with your neighbours can open up the lines of communication about having friends over later into the evening, so you can inform them about the noise ahead of time and avoid a passive-aggressive note on the door in the morning (but also be respectful of the quiet hours at your apartment). You\u2019ll be more comfortable asking for neighbourly favors, such as getting the mail when you\u2019re out of town. If you ask for these favors, though, make sure you can return the favor!<\/p>\n\n\n\n

    No need to worry \u2013 you\u2019ve got this first-time renting thing. Living in your own apartment will be a great experience; it just comes with some additional responsibilities. That\u2019s all. Once you start living in your new home, you\u2019ll get the hang of it! <\/p>\n\n\n\n

    At Globe, we offer features and benefits that are highly valued by those looking to rent an apartment. With an abundance of suite styles to choose from, renters can easily find their next home with Globe Property Management!<\/a><\/p>\n\n\n\n

    Originally published on Apartments.com.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

    Renting your very first apartment is a natural stepping stone after moving out of mom and dad\u2019s house. The freedom of moving out on your own is very exciting, but it does come with a lot more responsibilities as well. Being a first-time renter is a really big deal. You\u2019re on your own and can do what […]<\/p>\n","protected":false},"author":1,"featured_media":341,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-340","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/globepm.frstage.ca\/fr\/wp-json\/wp\/v2\/posts\/340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globepm.frstage.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globepm.frstage.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globepm.frstage.ca\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globepm.frstage.ca\/fr\/wp-json\/wp\/v2\/comments?post=340"}],"version-history":[{"count":1,"href":"https:\/\/globepm.frstage.ca\/fr\/wp-json\/wp\/v2\/posts\/340\/revisions"}],"predecessor-version":[{"id":342,"href":"https:\/\/globepm.frstage.ca\/fr\/wp-json\/wp\/v2\/posts\/340\/revisions\/342"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globepm.frstage.ca\/fr\/wp-json\/wp\/v2\/media\/341"}],"wp:attachment":[{"href":"https:\/\/globepm.frstage.ca\/fr\/wp-json\/wp\/v2\/media?parent=340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globepm.frstage.ca\/fr\/wp-json\/wp\/v2\/categories?post=340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globepm.frstage.ca\/fr\/wp-json\/wp\/v2\/tags?post=340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}