Like any other major city, LA can be a great place to live, work, and have fun. When moving there, you have to ensure you find a nice place that suits your lifestyle. However, if this is your first time renting a home in LA, you may feel like you have been thrown into a whirlwind. So, how do you manage? Keep on reading for a few tips on renting a property in LA for the first time.
Have a Budget
Your budget for the monthly rent will play a significant role when you go apartment hunting. The median price of a one-bedroom and two-bedroom in LA is $1369 and $1759, respectively. You, therefore, need to think about the amount of rent you can afford. Also, note that rent is not the only thing you need to worry about. There is also the security deposit that most landlords will need. The budget is one of the biggest factors that will guide you in your apartment search.
Do Your Research
Most LA residents have to juggle between several things a day, making it hard to find time for house hunting. If you do not devote a reasonable amount of time to finding the right apartment, you will likely move out before you even settle. Each year, you will see that about 33% of renters move, with most of them citing not being satisfied with the apartment they are in. If you do not want problems in the future, then allocate enough time to apartment hunting. LA has good apartments if you take your time searching. Also, with a bit of research, you can find an excellent place to live within your budget.
Have Realistic Expectations
While apartment hunting in LA is not as complicated as in NYC, expect some serious competition at particular price points. The vacancy rate in LA is low, which makes a lot of landlords choosey. With apartments in short supply, do not assume this is a first-come, first-serve basis. Even if you apply early, the landlord may still not give you the apartment. Also, it is not unheard of for renters to pay more than the listed price. Therefore, ensure you constantly communicate with the landlord until they make the final decision.
Research the Neighborhood
Most people have chosen to move from their rental property a month after settling in simply because the neighborhood is not ideal. The neighborhood is essential to a point where about 81% of Americans value the location of a home rather than the size. Therefore, when renting an apartment, take your time to research the neighborhood as well. Ask about the commuting conditions, noise, crime rate, available amenities, and other essential factors to consider when moving to an area. These are crucial factors that will affect your lifestyle once you move in. If the crime rate is high, it is best to avoid such a neighborhood, as you cannot compromise on safety.
See the Apartment Before Signing a Lease
Even if the demand for an apartment is high, it is a bad idea to pay for a rental unit without going there physically first. Internet photos can be exaggerated. That is why you should tread carefully and avoid signing anything before seeing the space. After browsing online and seeing a place you like, call the agency or landlord responsible for the apartment and request a viewing. Ensure you are dealing with a property management company, the on-site manager, or the property manager to avoid getting scammed. Also, confirm that the house is in good condition with working plumbing and HVAC systems. Note that an HVAC unit can last about 15 years. The last thing you want is the system to die on you one month after renting. Once you see the apartment, you may decide if this will be your first LA home or if you will keep searching.
These tips can ensure you get a lovely and affordable apartment in LA. The key is taking your time and having realistic expectations. When you find a suitable apartment, LA can be an enjoyable place to live in.
