Timing is everything when it comes to renting out an apartment, so when is the ideal time to rent, you may ask? Well, that depends on a couple of defining factors. Some factors include when renters are moving in and searching for new apartments, and when the market is the most cost-effective. If you’re wise, then you’re looking for the best apartment for the best deal at the ideal time. Its easier said than done, but with a little information on the rental market and its seasonal changes, you will be sure to land the apartment of your dreams at the right time for the ideal price! Here’s how to determine the best time for apartment renting!
Which Month Are Renters Looking At?
Most people choose to move and look for a new apartment spot during the summer, typically May through September. These warmer months are a much more popular time to move for apartment renting for a few reasons, for example, many graduates looking for a spot near their new job and families moving when their kids have a break off from school. The rental market follows this trend accordingly, so you can expect an increase in price during these summer months. Without considering the budget, apartment renting and moving during the summer seems like a good idea, but if you’re budget-focused, it might not be the best idea.
The Best Apartment Renting Month for Saving Money?
If May through September is when rent prices jump, then you’re left with October through April to find the best deal. Out of these months, it’s been proven that winter is the ideal time for getting more bang for your buck in the apartment rental world. It will be very chilly moving in, but you can save money on your lease when moving during the winter.
Apartment Renting During the Winter
So you’ve just discovered that renting an apartment during the winter is how you’re going to secure the cheapest deal, but you should still consider the drawbacks of this. Make sure you take the time out of your busy schedule to make sure you can move into your new spot. Thanksgiving, Christmas, New Year’s Eve, and New Year’s Day are during the winter, so make it a priority for yourself. Apartment renting is not an easy process, but finding the right deal makes it all worth it. Come check out the spots at Prescott Square Apartments to find your next living space this year!
Come Home to Comfort and Convenience at Prescott Square Apartments
Nestled in the wooded hills of Pikesville, yet just moments away from Baltimore, Reisterstown, Randallstown, Millford Mill, Gwynn Oak, Old Court, Owings Mills, Garrison, Lochearn, and Windsor Mill, Prescott Square Apartments offers spacious apartment living spaces for everyone! We offer two-bedroom homes with wall-to-wall carpeting/hardwood flooring, central A/C, access to oversized patios/balconies, and maintenance whenever you need it. To set up an appointment to take a look at our apartments, call us at 443-213-8584 or visit our website!