Lexington Kentucky has one of the most stable economies in the United States and as a result, it is someplace where many people look to rent an apartment. Before you look at the apartments for rent Lexington KY has to offer, it is important for you to have a checklist of different things that you should do. Doing these in advance and keeping them in mind can help you to find the right apartment the first time out.
Perhaps the most important thing to finding an apartment, regardless of where you are looking, is to determine how much you can afford. According to the U.S. Census Bureau, you should keep your rent at 20% of your monthly income or lower. It may be possible to go up to 30% of your income but that would likely stretch your budget considerably.
Before you go out and actively look at the apartments for rent Lexington KY offers, you should run a credit check. This is something that is going to be done by landlords as well, so is a good idea for you to do it prior to the time that you start looking. If you find your score is too low, do what is necessary to raise it if possible and then begin looking with a higher credit score.
More than likely, you are going to need more than just one month’s rent when you rent an apartment. Many landlords are going to require that you have a first and last month upfront along with a security deposit. This can be stretching it for many people, so it is better for you to take the time to get the money together so that you can take advantage of the apartment you want when you find it.
When you think you have found a suitable location, that is when the real investigation begins. Take the time to talk to some of the other tenants and find out if they have any feedback, regardless of whether it is good or bad. You should also ask about the surrounding area, the safety of the unit and check its proximity to the things that you do on a regular basis.
When you follow these steps, you can rent an apartment and be happier with the results. It may take some extra time but it is going to be well worth it in the end.