Summer Rental: Why July Is the Best Month to Find an Apartment
As you sit in your non-air-conditioned apartment, sweating in the inescapable humidity, you come to an overwhelming realization: You need to move. You thought you could handle the lack of air conditioning, but as the temperature reached the upper 90s, you admitted defeat. Your lease is ending, and you’ve been pinching pennies. Now you’re finally ready to make the transition. You, my sweat-soaked friend, are in luck because July is a great time to start looking for an apartment. Let’s get you into a new (hopefully air-conditioned) place.
One very important thing to realize first and foremost is that a lot of people are going to be looking for an apartment this time of year. People just like you, whose leases are ending. But before you give up hope and toss in the towel, realize that this is an advantage.
As leases expire, apartments become available. The number of openings in July is typically HUGE, more than at any other time of the year actually. This means you’re going to have a lot of options, which means you’ll have a better chance of finding exactly the type of apartment you want. For one month of the year at least, your perfect apartment is out there and vacant!
Keep an eye out for specials and deals. The current surplus of renters creates the perfect opportunity for apartment communities to offer rewards, incentives and programs that will ultimately help you in the long run.
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With so many renters looking for new apartments, you’ll want to make sure that you’re ahead of the curve. Get the hottest listings first. One key is to look for your apartment at two crucial times: the very beginning and the very end of the month.
- Beginning: This strategy is the classic early-bird-gets-the-worm concept. Renters are freshly leaving their rental agreements, which terminate at the end of the previous month. Swoop in and snag that deal.
- End: Property managers are usually scrambling at the end of a month to fill vacant apartments, thus lowering the prices. A downfall to this strategy is that most of the places that match your picture-perfect criteria will already be taken.
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Another thing to consider is the time of day that you’re searching for your apartment. Look for your apartment between 9 a.m. and 10 a.m. You’ll be able to see the brand-new listings first. Again, that early bird usually gets the worm.
This weather is another advantage. It might be hot, but it’s a lot more enjoyable to move your stuff in the heat than in the freezing cold. Imagine hauling a sofa up ice-covered stairs while your hands shake because it’s 15 degrees outside. Suddenly you’d be wishing for the summer sun.
So put on your shorts and tank top because it’s going to be a warm one. Just think about how you’re going to feel in your new apartment. It might be hot outside, but you’ll be nothing but cool in your new place.
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