renting - Articles

How to Know When You Need a Rental Broker

Shutterstock By Jennifer Chan Finding the right apartment takes a lot of time and effort. In competitive markets, it can be well worth the extra fee to work with a rental broker, who will help you navigate the ins and outs of the rental landscape. While it's not necessary to work with a broker to land an apartment, it... Continue Reading »

How to Find Rentals Accepting Large Dogs

Shutterstock By Jennifer Chan Finding an affordable and comfortable apartment can be an incredibly time-consuming process. Add a large dog to the mix, and it's next to impossible. That's what Jan Even, owner of a 90-pound Rottweiler mix, experienced during her Bay Area apartment search. She was planning to rent in San... Continue Reading »

Oil Town Easily Tops Major U.S. Cities in Average Rent Cost

The Associated Press WILLISTON, N.D. -- The rapidly growing North Dakota oil patch city of Williston has the highest average rent in the United States, a national study from an apartment renting guide shows. A 700-square-foot, one-bedroom apartment in Williston costs an average of $2,394 a month, according to Apartment... Continue Reading »

Renting: What $3,000-a-Month Gets You in Big U.S. Cities

Zillow By Catherine Sherman Home value appreciation is expected to slow down some this year, but in major metropolitan areas like Manhattan, real estate prices are heating up. City dwellers may find it's more in their favor to rent, but rents also continue to be high in several parts of the country. Here's a look at... Continue Reading »

For Renters: 5 Essentials When Choosing a Neighborhood

Shutterstock By Niccole Schreck Affordability is at the top of most prospective renters' list of must-haves when searching for an apartment. A bargain may seem like the ultimate win, but an apartment that fits into your lifestyle is essential to avoid hidden costs. If your inexpensive apartment score is in the wrong... Continue Reading »

What Renters Say Would Make Them Move in 2014

Shutterstock By Christine DiGangi Money is the chief motivator in American renters' decision to move (or not to move) in 2014, according to a survey from Apartments.com. Among renters who plan to move this year, the most common reason they're looking -- cited by 24.6 percent -- is because they want a cheaper apartment.... Continue Reading »

How Retiring Overseas Reduces the Major Living Costs

dane brian/Flickr By Kathleen Peddicord Many people reduce their spending by eliminating or cutting back on minor discretionary expenses. For example, you could eat out less, buy fewer new clothes and start making your daily coffee at home. However, I'd argue that by cutting back relatively small out-of-pocket spending... Continue Reading »

Rental Scams: How to Avoid Being a Victim

Shutterstock By AJ Smith For most of us, the largest chunk of our income goes to paying for a roof over our heads. Whether you are renting or buying, you want to make sure you aren't being taken advantage of. If you are a renter, there are some popular scams you need to watch out for. Situations to Avoid: Illegal... Continue Reading »

Pot Smoking Draws Fire From Tenants, Landlords in Colorado

KUSA Coloradans who think that the state's recent legalization of marijuana now makes it OK to fire up a joint at home might be in for a shock. If they're renting, they might be subject to a crackdown by landlords and protests from fellow tenants. Denver station KUSA already reports a flurry of contacts from renters in... Continue Reading »

Vacant Rentals Are at Their Lowest Availability in 12 Years

A National Acrobat/Flickr By Michelle Conlin The U.S. apartment vacancy rate eased to its lowest level in more than a decade, but stagnant income growth moderated rent increases, according to a new industry report. The national apartment vacancy rate fell 0.1 percentage point to 4.1 percent in the fourth quarter from the... Continue Reading »

Millionaire Landlord Moves Into Crime-Plagued Community on a Mission

KTRK-TV Maybe it's about protecting an investment, or maybe it's about doing the right thing, or maybe it's a bit of both, but a millionaire landlord in Houston says that he's on a mission to make the crime-plagued neighborhood where he owns apartments a much safer place to live. And for starters, he's reportedly living... Continue Reading »

5 Signs That You're Better Off Renting

Shutterstock By AJ Smith I click through the photos. I download the floor plans. I drag my husband to weekend open houses. I love looking at real estate. But I have yet to buy a home. In fact, I think I might be a renter for life. Here are five signs you might be a renter for life, too. 1. You are indecisive. Buying a... Continue Reading »

Retirement Reboot: Upsides of Downsizing to a Rental Home

Shutterstock By Emily Brandon In retirement, you don't necessarily need a house with several bedrooms and a big yard. In fact, stairs to climb and a yard that needs mowing can become a significant liability as you age. Renters get to outsource emergency repairs and some home maintenance chores, which can make life... Continue Reading »

Surging Demand for Apartments

Getty Images By Diana Olick Despite recovery in the single-family housing market, demand for apartments continues to surge. Just 4 percent of U.S. apartments nationwide were vacant in the second quarter of this year, according to a new report from Reis. That pushed rents up 3 percent from a year ago. "The simple fact... Continue Reading »

Hot Rental Markets the Big Investors Missed

By Christine DiGangi For real estate investors looking for new, profitable markets, Texas offers some untapped opportunities. So does Florida. RealtyTrac and RentRage identified the 25 hidden-gem, single-family rental markets across the country, and they're all in 15 states no farther west than Texas. The companies... Continue Reading »

Renters Guide to Creating a Budget

Getty Images By Niccole Schreck Creating your first budget can be daunting, but it's extremely important when you're moving out on your own for the first time. If you bite off more than you can chew, you may not have enough money to buy yourself something to chew on. Here are step-by-step instructions to help you... Continue Reading »

Call 911 and Risk Eviction? Case to Test Legality of Tenant Rules

Getty Images PHILADELPHIA -- A federal judge on Thursday ordered a trial to decide whether towns can force the eviction of tenants who make too many 911 calls, a national test case pitting free speech rights against community safety concerns. U.S. District Judge Eduardo Robreno said he expects the "complex and novel"... Continue Reading »

Ohio State Students' Mysterious Housemate -- A Lesson for Tenants

The Lantern/YouTube When you hear strange noises in the bowels of your rental, see lights turned on that should be off, kitchen drawers left open that you know you closed, what would you think? Some Ohio State University students' reaction was that the house might be haunted -- and they joked with friends about the... Continue Reading »

What Renters Should Do Before Natural Disaster Strikes

Brennan Linsley/The Associated Press When natural disaster strikes, a tornado, flood or hurricane does not discriminate between renters and homeowners. And renters are often more vulnerable to material losses than homeowners because they are less prepared. However, some fast-acting tenants in Colorado's floodwaters... Continue Reading »

Consumer Prices Barely Budge -- Except for Rents and Medical Costs

Alamy By Lucia Mutikani WASHINGTON -- U.S. consumer prices barely rose in August, but gains in rents and medical care costs pointed to a stabilization in underlying inflation that could allow the Federal Reserve to start trimming its bond purchases. The Labor Department said on Tuesday its Consumer Price Index edged up... Continue Reading »

Conveniences of Mixed-Use Living Also Bring Conflicts

Getty Images Today's renters don't always want the quiet, secluded privacy that the suburbs offer. According to the Urban Land Institute's 2013 nationwide housing survey, Americans want to be less car-dependent, have access to public transportation and live closer to shopping. More than 6 in 10 (62 percent) of Gen Y... Continue Reading »

Craigslist Rental Scam Reportedly Strikes Again, Fleecing Family of 5

Despite repeated warnings from authorities and continued media coverage about the rental scams that have become epidemic on Craigslist and elsewhere, many continue to fall victim. Among the latest apparent targets of a now-familiar con game -- a family of five in Southern California who say that they found a... Continue Reading »

Smart and Legal Ways to Break an Apartment Lease

By Niccole Schreck Life is uncertain. Sometimes, even when you've done your best, circumstances force you to drastically change your plans. Whether you have to relocate for a job, your roommate or significant other flakes out on you or you just can't afford to stay, knowing how to break an apartment lease without digging... Continue Reading »

4 Ways to Say Goodbye to a Security Deposit

By Jennifer Calonia Transitioning between apartments or into a new home is time intensive, and moving costs often make it really expensive. However, ensuring that the security deposit from your first residence is returned in whole can help minimize the overall expense of relocating. A security deposit, a cash guarantee... Continue Reading »

Cities Where Rental Dollars Stretch Further

By Catherine Sherman Kansas City isn't just topping charts for its barbecue this summer -- it's also where renters can get the most for their money. According to Zillow's latest analysis, Kansas City is one of 10 big cities offering the best combination of: • Current rental prices. • Price per square... Continue Reading »

Long-Distance Moves Can Be a Long Haul for Your Sanity

If you feel like Americans are on the move, there's a reason why. The U.S. Census Bureau reports that, on average, Americans move 12 times in their lifetimes. And it's not only that they move more often, but they've been relocating farther away every year since 1998. If you're on your own for a long haul, the stress of... Continue Reading »

Renters Beware: Scammers With Very Believable Listings

#fivemin-widget-blogsmith-image-475948{display:none;} .cke_show_borders #fivemin-widget-blogsmith-image-475948, #postcontentcontainer #fivemin-widget-blogsmith-image-475948{width:570px;height:411px;display:block;} If you're looking for a new apartment, be on alert for scammers trying to do more than pass broom... Continue Reading »

The 'Mole Hole': Price of Living Alone? The Worst Apartment Ever

One thing about renting is for sure: You get what you pay for. Marc Haynes found that out the hard way. When he was ready to leave behind the Philadelphia party pad that he shared with roommates, he though that he'd found a perfect apartment for his return to living solo. Even more perfect was the low rent: $235 a month.... Continue Reading »

Where Micro-Apartments Loom as Next Big Thing in Renting

SEATTLE -- Aaron McConnell doesn't mind sharing a kitchen with seven neighbors. He's fine in living quarters with just enough room for a twin bed, a corner desk and little else. Closets? Forget about it -- he stores his clothing and other possessions on shelves and hooks. McConnell's small-scale home life is part of a... Continue Reading »

Underwater Borrowers Becoming Accidental Landlords

By Diana Olick Maria Wells said she never intended to be a landlord. She sells real estate; she doesn't invest in it. Now the Florida resident owns two properties. One was her son's, but he had to move to take a new job. The other was hers, but she got married and moved in with her husband. She can't sell either because... Continue Reading »

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