Two Ways To Save Money On Your Post-Graduation Apartment
Graduating from college typically means the end of early morning classes and nerve-racking finals. Unless you were lucky enough to land a good-paying job, though, your ramen noodle days are likely not over yet. Between student loans and other expenses, your budget may be stretched tighter than a drum. If you want to avoid moving in with your parents but you're working with limited funds, here are two things you can do to save money on your post-graduation apartment or condo, such as one from Abbes Condo Rental.
Move in the Off-Season
There are certain times of the year when the supply of apartment or condo rentals surpasses the demand for them. During these times, landlords may be more willing to accept a lower amount of rent rather than let the unit sit empty. After all, the landlord likely has to pay certain expenses (e.g. a mortgage) whether the apartment is rented or not, so he or she may feel it's better to accept some money than get nothing at all.
Peak moving season is generally between May and September, so shopping for a rental in the fall and winter months (October to April) may help you snag an apartment at a cheaper price. If the landlord won't budge on price, see if he or she is amenable to making other concessions that can help you save money. For instance, the landlord may be willing to pay for cable and internet service or bundle utilities in with the monthly rent. Research what other rental properties in your area are charging for amenities they are offering to get an idea of what you may be able to negotiate for.
Barter for a Discount
If you have a skill that may be particularly useful to the landlord, try bartering a few hours of your time for a discount on rent. For instance, you could offer to make repairs in the rental unit in exchange for lower rent and/or free amenities. The landlord saves money since he or she doesn't have to call a professional to get the job done, and the person can pass those savings with you.
Be aware, though, this option may only work if you're dealing with the landlord directly rather than with a property management company, as management companies tend to already have staff on hand or contracts with other businesses to handle the property's needs (e.g. maintenance staff). Even then, it wouldn't hurt to ask the property manager if they have job openings. You could score a discount on rent and earn a steady paycheck until you can secure a job in the field where you earned your degree.
Rental rates are not set in stone, and you can find ways to reduce the cost of your post-graduation apartment with a little creative thinking. If you need help finding places to live in your area, contact a real estate agent.
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