When Is The Best Time To Look For A New Apartment?

A new year often brings new goals, changes, or even a new apartment. You may be ready for a fresh start. But when is the best time to move? Many factors affect apartment hunting, like price, inventory, and competition. Despite claims, there is no single “perfect time” to move. Each season has its own perks and drawbacks. Let’s take a look.

Fall and Winter

Many believe colder months are the best time to find an apartment. Lifehacker says November is the sweet spot. During winter, rental competition is low, so fewer people apply for leases. Many apartment complexes also lower rent to fill units. However, inventory is often lower than in summer. You might find a great deal, but it may take some searching. Rent.com considers October to April as “winter” months for rentals.

Spring and Summer

The spring and summer months trigger a lot of turnover–usually, college kids leaving town for the summer, starting new jobs, etc. With the abundance of ending leases, there are usually loads of apartments up for grabs. Spring (beginning in May) and summer apartment hunting tends to have the opposite problem of looking in the winter–lots of apartments available, but also HIGH competition. Be prepared to look at a lot of places, and get passed over for someone else at least a few times.

No matter the time of year, apartment hunting can be quite a process. If you go into your search with these tips and tricks, it’ll be less of a battle and you’ll come out with a fabulous place to call your own! Need more apartment hunting advice? Check out this post!

And when you’re all settled in your new place, don’t forget about the furniture! Contact Fashion Furniture Rental to get your apartment set up with a Complete Home Package (furniture and housewares included!)