Money Basics

Finding a place to rent

Whether you want to move out of your parents' house or find a new apartment or house to rent, there are many options to consider. Before you start looking for a place to rent, ask yourself:

• Where do I want to live? Close to work, near downtown, on a public transportation route, or close to a park? In a large apartment building or a small one? In a large neighborhood or in a small one?
• What can I afford? Do amenities like a pool, exercise room, or community center matter?
• Will I consider sharing a place with someone? Would I rent the first floor of a house?
• Would I rent a house or a condominium?

As you narrow down your choices, keep safety in mind. Find out which areas of town have low crime rates. Talk to neighbors near places you are interested in. Drive through the area. Are the houses and apartments neat and clean? Is there gang graffiti? Are there bars on every window? Contact local police and community groups to get information about different neighborhoods.

Decide what you want, and also what you can afford. Take the time to look around.