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Apartment Living / Rental Spotlight10

Ron's Apartment Living Blog

Data Show Renters Prefer Clean Bathing Suits Over Wet Ones

Tuesday July 14, 2009

When looking for rentals in 2008, renters appeared to care more about the basics than luxurious amenities, according to recently released data compiled by Rent.com.

Nearly 40% of apartment hunters wanted a rental with its own washer/dryer while only 9% searched for a place that boasts a swimming pool on premises. Hardwood floors were a factor in only 4% of searches, while the least desired amenity was a walk-in closet, representing only 1% of searches.

Which amenities are important to you when conducting an apartment search?

Playing It Safe

Saturday July 11, 2009

If you have kids or enjoy having children visit you at your apartment, you might take them to a playground, whether it's at your complex or at a nearby park. Playgrounds can be a great way to keep young ones entertained in the summer, but they also pose hazards -- especially to children who don't know how to play safely.

Here's how to access a free resource that you can use to teach children about playground safety and help ensure a fun time for all.

(© Public Domain / Courtesy of the U.S. Consumer Product Safety Commission)

New Report Shows Vacancies Continue Their Climb as Rents Fall

Thursday July 9, 2009

In January, I wrote about how the economic slump was bringing down average apartment rents in the United States, along with a slight increase in the vacancy rate, which was good news for renters.

A new report from real estate research firm Reis Inc. shows a continuation of this trend. According to yesterday's report, the national vacancy rate rose to a near-record 7.5%, a 1.4% climb over last year's figure. Plus, effective rent (which includes concessions) fell nearly 2% from last year.

Not surprisingly, many landlords are reportedly boosting concessions to maintain occupancy, according to Reuters.

Are you finding your apartment search to be easier than you had expected because you're encountering many vacancies? If you already live in an apartment, have you been able to negotiate any rental concessions with your landlord, such as enjoying a free month's rent in return for renewing your lease?

Roommates Who Don't Pay Rent

Tuesday July 7, 2009

If you split rent with roommates, you might think your tenancy is protected as long as you pay your landlord your own share of the rent each month. But roommates who don't pay their full share put you at risk, too.

After diligently paying your rent each month, the last thing you want is to be threatened with eviction because a roommate comes up short.

Read what you can do to prevent this situation from happening to you.

(© Medioimages/Photodisc / Getty Images)

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