Buying a home isn't the right move for everyone. If you live in Minneapolis and aren't ready to invest in a home, put down roots, or commit to a mortgage, it's not a problem. There are tons of beautiful single-family homes for rent that will be perfect for you and your family.
However, before you rent a home, there are a few things you need to consider. Though you aren't taking out a 30-year mortgage, you're still committing to a lease. You'll be held accountable for your rent every single month. Furthermore, you're bound to the lease and any rules or policies listed in the agreement.
But don't worry, none of this is as scary as it sounds. Keep reading for a quick guide on how to find the best house for rent.
Determine Your Monthly Rent Budget
First, when looking for homes for rent, you must identify your monthly budget. How much money can you afford to spend on housing each month? Remember, however, that you need to account for more than just the monthly rent.
For example, you also need to calculate utilities, services, and renter's insurance into your budget. Some landlords cover some or all of the utilities, but this isn't always the case.
Identify Your Wants and Needs
Next, determine what the best house for rent looks like for your specific needs. What are you looking for in a home considering your family and lifestyle?
- Square footage
- Number of rooms and bathrooms
- Recent upgrades
- Outdoor space
- Pet allowances
Most rental agreements are anywhere from six months to several years. The house you rent will be your home for a while. Don't settle for a home you won't be happy in.
Work With Reputable Rental Companies
Depending on who you talk to, some tenants have terrible experiences renting from the local landlords and rental companies. To make sure you don't have the same experience, go online to find renter reviews and testimonials for each rental company.
Watch out for common complaints or issues concerning rent, maintenance, communication, etc. Don't work with a landlord who has a bad reputation in the community.
At 33rd Company, we have a great reputation among the renters in Minneapolis because we make it our mission to ensure our tenants' satisfaction. Check out these testimonials from some of our other renters.
Read the Lease Agreement Carefully
When looking for homes to rent in Minneapolis, it's important to know exactly what you're getting into if you decide to sign the lease agreement. For example, if you have pets or plan to in the future, what are the rental company's rules about animals? Will you have to pay extra each month or put down a pet deposit?
Additionally, how long is the lease for, and what happens when it expires? Will you be able to move to a month-to-month lease after the initial period is over? What happens if you need to break the lease agreement early?
These are important questions to ask.
Looking for Homes for Rent in Minneapolis?
There are plenty of homes for rent in Minneapolis. No matter what you're looking for, you're sure to find something that's perfect for you and your family.
Whether you're looking for something small and affordable or are interested in finding a luxury home for rent, we can help. Take a look at our available homes or contact us today to talk to an experienced real estate agent.