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Time To Move On? Here's How To Rent Your Own Place

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If it's time you should be moving into your own place, having time to prepare is your best friend. According to Business Insider, getting into your own rental isn't cheap, and it's not necessarily easy, either. The average one-bedroom apartment in the US rents for $1,621 per month. That could make for about $4,863 due at move-in for an apartment with a security deposit worth two months' rent. Before you go applying to landlords, figure out how much you can afford to spend on rent. Experts suggest spending no more than 30% of your take-home pay. Also, there may be additional costs. Gas and electric companies often require deposits, and there may be parking and pet fees on a monthly basis. Check your credit and get it within a healthy range. Save for your first and last month's rent, your security deposits, pet fees, and moving costs. Finally, once you've signed your lease, get renter's insurance immediately. Happy moving!

Added on the 04/10/2020 15:53:36 - Copyright : Wochit

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