• Ricci Andreoli

Tired of Living on Campus?

Updated: Feb 17, 2019


A "how to" guide to get the best rental price on your apartment:


Living in a dorm can be tough, especially if it is with someone you don't even know. As a student, you often gravitate towards dorm living because you believe it is easier and more convenient. But little did you know that a whole world of bigger rooms, full kitchens, and private bathrooms await you. All you have to do is follow these steps to ensure you get the best deal on your first apartment.


#1 - Find a Roommate


The easiest way to save rental money is to split the apartment with a roommate. Studio living is always an option but to get more bang for your buck having roommates is a great idea.


If you don’t have anyone in mind, you can look for someone on Jacob Realty’s roommate finder or on a 3rd party service like Roomster.com.


Average rent per Boston neighborhood:


#2 - Perfect your timing


The Boston rental market is very competitive. Due to the large student population, there is extraordinary demand for units in August and September. If possible, look for a different date to find better deals.


You can never start your search too early. If you want to be one step ahead of the competition, start your search at least 6 months ahead. The earlier you start working with an agent that can help you find the perfect apartment, the BETTER! In the apartment searching world, the early bird gets the worm (bigger, better, prettier apartment).

#3 - Location, Location, Location


Something to keep in mind if you are looking for a “real steal” is to live a little further away from your desired destination and use public transportation to get you where you need to go. Boston has a great public transportation system and adding a few extra minutes to your commute may just be worth the savings on your monthly rent. Let’s be real, nobody will be walking in the snow storms anyway!


#4 - Make sure you get approved


There are a few things you should be aware of so you can pull the trigger when you find the perfect spot.

As a student you will most likely need a co-signer. So, have your parents or friend ready to fill out the necessary paperwork.


If you do not have someone to cosign for you, make sure your credit is in tip top shape. Landlords are not likely to approve you if your credit is poor (<600).


It is important to prepare the standard deposits you need to secure an apartment. Typically, these include first and last month, security deposit and the broker’s fee. This can add up quickly, so when you start searching make sure your finances are in order.


#5 - Get access to top listings through a specialized agent


Work with an agent that understands your needs and is willing to do what it takes to make you happy. As an agent we have access to many more listings and properties than you browsing on popular apartment searching websites. You are paying them to find you an apartment that works for you, don’t let an agent convince you to live in a space you that isn’t the right fit for you.


Hope this was helpful, feel free to reach out with any questions at randreoli@jacobrealty.com or 617-315-8447!


Sincerely,

Ricci


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© 2019 by Ricci Andreoli