1. What is the real monthly cost?
An apartment that looks cheaper on the listing can easily end up more expensive once everything is counted.
2. Read the lease
- What if a roommate stops paying?
- What if someone needs to move out mid-lease?
- What if your student wants to sublet for the summer?
These are the situations that turn into expensive surprises, and they're all decided by language that was in the lease the whole time.
3. Make sure the listing and the landlord are both legitimate
Our video on how to spot a rental scam walks through what to check.
4. Check the location beyond Google Maps
- How will they get to campus, and how long does it take?
- What is the area like at night, not just in daylight?
- Where is the closest grocery store?
5. On the tour, check everything
And take pictures of anything that is already damaged. Those photos are what protect the security deposit when the lease ends, and nobody ever regrets having too many of them. Our apartment inspection checklist covers what to look for room by room.
One last thing, for parents
Save this for apartment hunting season, and send it to the college kid in your life.