How to Find the Perfect Apartment for Rent in Canada: A Step-by-Step Guide

So you'd want to rent your first apartment? Congratulations — we are happy for you! However, you should be ready that the renting experience may be both thrilling and overwhelming. There are so many things to keep on your radar. The good news is that with the right approach, you will be well on your way to finding the perfect match spot to call home. In this post, we will go over everything you are to know about renting your first apartment. We are here to help you make a seamless transition to independent living.

‍

Step 1 — Determine Your Budget

So have you found a dream job on Jooble and landed a job offer? Need to move to Canada? Then do the groundwork to ensure a smooth transition. Set a reasonable budget before starting your apartment hunt. Rent costs may vary greatly and heavily depend on a city and area. On average, be ready to dedicate the following amounts from your budget:

• A one-bedroom apartment in large cities (Vancouver, Toronto, and Calgary) costs between $1,200 and $2,500 per month.
• In smaller cities or suburbs, the monthly cost ranges from $900 to $1,500.

When considering affordability, do not forget about other expenditures. You will also need to pay for electricity, internet, and renters' insurance.

Step 2 — Choose the Place Where You Wish to Reside

Selecting an apartment for rent just because the cost is ok for you is not the best approach to follow. It is important to consider your desired lifestyle and locational preferences. To limit your search, here is what to ask yourself:

• How close do you wish to be with your family and friends?
• How important is community safety to you?
• What amenities would you want to have access to?
• Do you need a quiet place to live in? Or do you like the rush and bustle of living in the heart of it all?
• Do you prefer an older, more established neighborhood? Or do you wish to be a part of a growing community with exciting development plans?

Got all the answers? Move further — make a list of neighborhoods that meet your requirements.

Step 3 — Decide What’s Important for You

There are some other priorities and personal preferences that should be also considered. After all, you hardly want to change apartments too often and spend extra money on the mover, right? Take your time to reflect on the following:

• How critical is it for you to be close to your workplace or school?
• Is access to transportation options important for you?
• How many bedrooms and bathrooms do you need?
• What size apartment do you require based on your comfort needs?
• Do you prefer an open layout or separate rooms?
• Do you need a gym, pool, or in-unit laundry close to the place you live?
• Is parking a necessity for you?
• If you have pets, ensure the building allows them.
• Are you hunting for a short-term or long-term lease?

Step 4 — Inspect Properties Thoroughly

You are going to live there, so make sure you check the properly before you sign the agreement. Always visit the actual apartment you're interested in, not just a similar one. Talk to current tenants if possible to get insights into living conditions. Ensure all the amenities are well-maintained. Document the apartment's condition with photos to avoid disputes over damages.

Step 5 — Review Lease Agreements Carefully

Once you find the best place for rent, the final step is to sign a lease agreement. Ensure you comprehend all lease terms. Pay special attention to rent increases, maintenance responsibilities, and termination clauses. While not mandatory, renters insurance can protect your belongings against unexpected events. Remember about that as well.

Final Say!

When you start a new career, attend university, or just want a change of scenery, you may need to look for a new home to live in. Although it is not as complicated as purchasing real estate in Canada, there are still many factors to consider. Your demands, budget, apartment search, and relocation specs — all these should be covered. Before you go on your first-time rent hunt, check our all-covering guide to be ready for it.  Finding a new home may be daunting. But you can make this task less painful and tricky.

‍

__________

‍

Disclaimer:

This is an Opinion article submitted by a member of the Openroom community. The author's opinions are not necessarily representative of Openroom. Openroom has an objective to publish the voices of the rental ecosystem to ensure there is dialogue amongst all.

Want to write an Opinion piece for Openroom?

You can write about anything related to housing and let our editing team review your work. When you're done, send the draft to us through email at hello@openroom.ca. It doesn't have to be fancy because the important thing is to get it out there. Just start writing!

We're happy to answer any questions you might have.

‍