Posted September 9, 2024 | by Forthright
When considering renting an apartment, there are many factors to keep in mind. This guide will help you navigate the process and make informed decisions. Here’s what you need to know before looking at apartments for rent in Manitoba and signing that lease.
1. Your Budget
Before you know anything else about apartments for rent in Manitoba, you need to know your own budget. It's wise to allocate no more than 30% of your income to housing costs. Don't forget to include deposits and potential utility costs into your calculations of monthly expenses.
2. The Neighborhood
Location matters. Research neighborhoods to understand safety, access to public transportation, proximity to work or school and available amenities like grocery stores and parks. Visit different areas at various times of the day to get a true feel for the neighborhood.
3. The Property
Before committing, visit the property. Check for any signs that might indicate the property is not well cared-for. If the curb appeal of the property is great, it means Management has taken the time to maintain the property. Test all appliances, faucets and light switches. A detailed inspection can save you from future headaches.
4. The Lease Agreement
Read the lease agreement carefully, and ask questions! Understand the length of the lease, payment terms, and policies on renewals and terminations. Be clear about the rules regarding guests, noise and pets. Knowing your rights and obligations will prevent unpleasant surprises down the line.
5. Maintenance and Repairs
Discover who has responsibility when something goes awry within the apartment or on the property. It is important to know how soon issues like plumbing or electrical problems will be addressed. A responsive management company is important in ensuring a low-stress and comfortable living environment.
6. Utilities and Additional Costs
Ask about average utility costs and how those are paid. Some properties will include utility expenses in the rent but be aware this higher rent may be a reflection of average utility usage in the building, versus what you would actually use yourself. Other companies do not include utilities and you will need to plan for this as a separate expense, but then you are only paying for what you use instead of building-wide averages. Consider any additional costs like parking fees, storage, and laundry services.
7. Your Rights as a Tenant
Renting comes with specific tenant rights. Familiarize yourself with Manitoba rental laws to protect yourself from unfair practices. Know your rights regarding security deposits, privacy and eviction procedures. This knowledge empowers you to advocate for yourself, if necessary and also informs you on your responsibilities to the Property Manager. The Residential Tenancies Branch will also perform mediation for conflict resolution as needed.
How to Find the Best Apartments for Rent in Manitoba
Renting an apartment is an exciting decision that requires thoughtful consideration. By following these tips, you’ll be better prepared to find apartments for rent in Manitoba that meet your needs and fit your budget. Take your time, do your research, and don’t hesitate to ask questions. With the right approach, you can find an apartment that feels like home.
Learn more from Forthright Properties today. We can help you find the perfect place to call your own.