Leaving the nest and striking out on your own is an exciting time – especially if you're headed to live in an apartment at Penn State! But one of the less-than-glamorous realities of adulting is finding a place to live. If you're not careful, renting a State College apartment can quickly turn into a costly and stressful experience. Lucky for you, we've created a renters guide specifically for Penn State students! Check out our tips that will help make your rental experience smooth and stress-free.
Start your search early
Don't wait until the last minute to start looking for an apartment in State College – you'll be up against the stiff competition and will likely end up settling for a place that's not your first choice. Start your search a few months before you need to move, so you have time to look around and compare different options.
If possible, try to visit potential apartments in person rather than just relying on online listings. This will give you a better sense of what the place is really like and whether it's a good fit for you.
And while you're at it, start getting familiar with the different types of leases so you can make an informed decision when it comes time to sign one.
Create a budget – and stick to it
Before you start your search, sit down and figure out how much rent you can realistically afford to pay each month. Keep in mind that rent is just one part of your overall expenses – you'll also need to factor in utilities, groceries, transportation costs, and any other monthly bills you might have.
It's also a good idea to create a buffer in your budget for unexpected expenses, like repairs or medical bills. Once you've got your budget figured out, be sure to stick to it! Spending a little (or a lot) more than you originally planned can be tempting, but doing so could put you in financial jeopardy down the road.
If saving money is a priority, consider looking for an apartment in State College with roommates. Splitting the cost of rent and utilities with one or more people can help make your monthly expenses more manageable.
And if you're struggling to make ends meet, talk to your parents or guardians about whether they would be willing to help you financially. They might be able to pitch in on rent or offer some other form of assistance. Also remember that there are
affordable State College apartments available - if you know where to look.
Whatever you do, avoid taking on too much debt – remember, you'll have to pay that back eventually!
Get organized
The apartment-hunting process can be overwhelming, so staying organized from start to finish is important. Create a spreadsheet or use a notebook to keep track of the different apartments you've looked at, along with their key features and pricing information. This will help you compare your options and make an informed decision when it comes time to sign a lease.
It's also a good idea to collect all necessary documents in one place so you can easily access them when needed. This includes your driver's license, Social Security number, birth certificate, bank statements, pay stubs, and tax returns. Having these items on hand will make the application process go much smoother.
And don't forget about renter's insurance! This is a must-have for any renter, as it will protect your belongings in the event of theft, damage, or other problems. Be sure to shop around and compare rates before you purchase a policy – you want to get the best deal possible.
Do your research
Before signing a lease, you must do your homework and ensure you're renting from a reputable landlord. Start by reading online reviews from other renters – this will give you an idea of what it's like to work with the landlord and whether they're responsive to tenant needs.
It would be best if you also took some time to visit the State College neighborhood in person to get a feel for the area. This is especially important if you'll be living there alone – you want to make sure it's a safe place to live before making any commitments.
Be wary of housing scams
Unfortunately, there are a lot of people out there who are looking to take advantage of unsuspecting renters. That's why it's essential to be on the lookout for housing scams, which can come in many different forms.
For instance, some scammers will create fake listings and try to get you to send them money before you've even seen the apartment. Others will pose as landlords and try to collect "application fees" or "security deposits" without giving you the place's keys.
If you're ever asked to pay money up front without being allowed seeing the apartment first, beware! This is a major red flag that should not be ignored.
To avoid getting scammed, always deal with landlords in person and never send money to someone you haven't met in person. If something seems too good to be true, it probably is – so trust your gut and move on to another - more reputable - option.
Be ready to make your deposit on the spot
When you find an apartment in State College you like, be prepared to put down a deposit right away. In most cases, the landlord will require the first and last month's rent plus a security deposit, which is typically equal to one month's rent.
If you cannot come up with the necessary funds on your own, talk to your parents or guardians about whether they would be willing to help. They might be able to give you a loan or front the money for your deposit and first month's rent.
Whatever you do, don't wait too long to decide – suitable State College apartments don't stay on the market for long!
Read the lease carefully
Once you've found an apartment in State College you're interested in, it's time to start considering the lease. But before you sign on the dotted line, read the lease carefully and ensure you understand all of the terms and conditions.
Pay close attention to things like the length of the lease, monthly rent amount, due date, late fees, security deposit, pet policy, and any other special rules or regulations. If there's anything you're unsure about, don't hesitate to ask your landlord for clarification.
It's also a good idea to have a lawyer or professional legal review the lease before you sign it. This way, they can point out any potential red flags and help you avoid making any mistakes.
By following these tips, you'll be well on finding the perfect State College apartment for your needs. Happy hunting and We Are Penn State!