Knowing what expenses you may have to deal with when looking for an apartment can help you budget your move.
When it’s time to move into your first apartment or just a new one, there are a lot of fees that can add up quickly if you’re not ready for them. Take careful stock of all applicable fees for every complex you are interested in so that you can keep tabs on your budget and how much you can afford. There are several extra expenses to consider when you’re looking for a new apartment.
Application Fees
One of the first expenses you might encounter is application fees. Application fees are used to pay for a background check, as well as a credit check. Every complex sets its own application fee, so think carefully about which ones you want to apply to and which ones have application fees that may be cost-prohibitive. If you plan to apply to more than one complex, it’s a good idea to know the total amount you’ll have to pay in application fees before you apply. Keeping tabs on all of your associated moving costs will help you budget your move more carefully.
Pet Fees
If you’re moving with your dog or cat, pay attention to the pet fees of any pet-friendly apartments you find. Just like with application fees, everyone will have different pet fees to consider. Consider what rent plus the pet fees will total up to each month to give you an idea of whether the pet fees are cost-prohibitive for your budget. Finding a pet-friendly apartment that is still affordable can be difficult, but not impossible. Take some extra time to consider your options carefully before committing to costs you might struggle to keep up with.
Renters Insurance
Renter’s insurance is more than just a good idea. In most cases, it’s legally necessary. This insurance covers the cost of your belongings in the event of theft, fire, water damage, and other serious loss. You have a fair amount of wiggle room when it comes to setting up your renters insurance to keep it affordable for you, but don’t just go with the lowest monthly payment if you can help it. In the event that you need to file a claim to recoup the cost of lost or damaged belongings, you will need to pay the deductible to do so. With the lowest monthly payments, that deductible can be cost-prohibitive and prevent you from taking advantage of the insurance you’ve been paying for.
Let Us Be Your Apartment Home!
Whether you need your very first apartment home or are relocating to the area, Apartments of Harborside Village would love to be your dream apartment home. Are you looking for beautiful waterfront apartments in Joppa, Maryland? Let us show you one of our spacious and affordable apartments at the Apartments of Harborside Village. To learn more about our residence options, visit us online, give us a call at 410-679-1130, or email us. For a peek into what it’s like to live in our community, follow us on Facebook, Twitter, Pinterest, and YouTube.