Skip to content
Home » Everything You Need to Know About Renting and Housing in the U.S.

Everything You Need to Know About Renting and Housing in the U.S.

You are taking the first step into adulthood when you rent an apartment in the U.S. A new area may be a bit daunting to navigate, the monthly rent can be higher than you expected, and you probably have a few questions on your mind. What are the best places to find an apartment? What are the qualifications for renting an apartment? How does a rental property agreement work? What expenses should you include to create a budget that meets your needs? 

This blog shows you how to find an apartment, the process of renting, and how things work once you move in.

Renting an Apartment: What to Consider?

There are a variety of shapes, sizes, and layouts when it comes to apartments. Finding the right one always comes down to determining what is important to you. Trust us, if you type in a simple query on the internet for “rent an apartment,” you will not find what you are looking for. Instead, the results may leave you more confused than ever before.

The first step is to list everything you must have in your apartment. Following that, you will need to take into account factors such as:

  • Amount: What is the maximum amount you can afford to set aside for rent?
  • Size: How much space do you require?
  • The type of apartment: Would you like a luxury apartment, a multi-floor loft, or something more offbeat that you satisfactorily decor your apartment?
  • The location: Take into account how long it will take you to commute to work or school, as well as the proximity of grocery stores and leisure facilities.
  • The type of lease: Will you be looking for a year-long lease, or will you be looking for a month-to-month lease that will give you flexibility?
  • The situation regarding rental: Would you prefer a fully serviced apartment, or would you be able to deal directly with the owner?
  • Facilities: Does your choice of an apartment complex include a covered parking lot, a swimming pool, a fitness center, or a laundry room?

Make Sure You Have Renter’s Insurance

In certain circumstances, renter’s insurance can be a lifesaver. Although it may seem like an additional expense, it can prove invaluable. Most renters assume their landlord’s insurance policy will cover their personal property. However, renters are now required to purchase this insurance, which costs around $10 per month.

Renting for a Whole Year Isn’t Mandatory

The standard U.S. lease term is one year, though some landlords offer six-month contracts. What are your choices?

The decision you make will depend on your needs. You might consider signing a long-term lease if you plan to stay for a few months to a year. It might not be a bad idea to rent month-to-month if you plan on moving in a few months. It is usually more expensive to lease on a month-to-month basis.

Ensure You Read Your Lease Carefully

Term and conditions of your rental are outlined in your rental agreement or lease. The plan will include the following components:

  • Amount of rent
  • Date by which the rent is due each month
  • Fees associated with late payments
  • Amount of the deposit
  • Date of expiration of the lease
  • The rules of the community
  • Repairs and maintenance
  • Renewal of the lease
  • Does the establishment allow pets?
  • Is subletting permitted?

Make sure you read your contract carefully before signing. Your landlord should point out any suspicious behavior or out-of-place items.

Application Documents

The following requirements must be met to complete your rental application:

  • Choosing a property and completing its application form
  • Identification proof
  • Bank statements or pay stubs as proof of income
  • An application fee must be paid
  • If you own a pet, you must provide vet records
  • Your former landlord’s contact information

How Should You Proceed If You Don’t Have a Credit Score?

To rent an apartment in the U.S., you must have a good credit history. Landlords require a credit report and references before letting you lease a property. Immigrants who have no prior credit history in the U.S. must:

  • Prove that they have sufficient income to pay their rent each month; they will need to provide proof of income.
  • A person with a good credit history who is a friend or family member may also be able to help them out. The landlord will likely contact the co-signer if they fail to pay their rent on time.

It’s Important to Know the Community Rules

Various residential communities have policies regarding quiet hours and visitors and pet restrictions. You might even be fined if you do not follow some of these rules.

Can You Buy/Lease a House in the U.S. and Live There?

Owning a property in America doesn’t necessarily mean that you are a citizen of the country. Nor does it give you an advantage when obtaining a green card. 

To purchase a property, you do not need to be a citizen or have a green card. If you need to file your taxes, you will need your Individual Taxpayer Identification Number, which will be issued by the Internal Revenue Service as part of the tax-processing system. Remember that buying homes for sale in Cape Coral FL comes with several extra expenses compare to other states that you will need to budget for.

Where Can I Find Properties for Sale/Rent?

A national database contains all properties for sale in the country and is called the Multiple Listing Service (MLS). Real estate agents have access to this database and help connect buyers and sellers.

To be able to operate as a real estate agent in the United States, a license is required. This way, agents can be confident they have the knowledge and skills to advise customers about the best homes, evaluate them, and arrange financing options.

In a Nutshell

Before you start searching for your first apartment, you must have all the information you need. If you would like to ensure that you comply with all terms of your lease while you are a tenant, you must check your rental agreement before signing. 

Author Bio:




Donna Ford is the Sr. Marketing Manager at Zero Down. Belonging to a real estate background, Donna delved into real estate and homeownership at a very young age. She loves reading about property scams and informing her readers by giving tips on how to avoid them. Apart from that, you’ll find her gardening in the backyard of her home.

Leave a Reply