A frequent question we hear is ‘What is the best month to rent an apartment’? Are there deals to be had?
The short answer is that the best apartments rarely have deals. Having said that, with good timing, it’s possible you won’t have to pay the highest-end pricing.
Let’s take a look at the best months and times to rent apartments and what you need to do to secure a good deal.
Is there a Good Month to Rent an Apartment?
There is no golden month that works better than others. But typically, the best time to rent is when demand is lower. This typically happens in the winter months in the north or colder regions.
That said, in southern states like Florida, winter can be the worst time to rent because of a spike in short-term demand from snowbirds looking to escape the cold.
How To Get a Good Rental Deal
While there are several variables, here are some things you can do to get a good deal on your next rental apartment:
- Call different landlords and apartment complexes to find out about any specials and availability.
- Look for times around the holiday season when fewer people are interested in moving because you may be able to get a better price.
- Start searching for rentals well before your target moving month so you don’t end up compromising.
Take a look at the data in your region to help you figure out the best times for moving if you are looking to get a good rental deal.
All this being said, really good apartment complexes rarely have specials. You don’t want to wait until a certain time and miss out on availability. The best time to rent an apartment is really when you are ready to move. Start looking early.