Renting in Boston can be tough, there is A LOT of conflicting information out there. We are working hard to change that and give Bostonians (and future locals) a place where they can find answers. We’ve put together this infographic, but if you have more questions, just reach out and we would be happy to walk you through it!
This is information is geared towards renters that are looking to work with an agent. Check back soon for our blog on how to rent an apartment in Boston without paying a broker fee. There are some important things to keep in mind when renting.
- Everything* revolves around September 1- this is due to the fact that so many college students are in town, a few landlords started ending their leases to August 31 and everyone else followed suit.
- If you are a student, new apartments for September 1 move in will become available as early as January. Our partner @brec LLC releases their best 9/1 apartments in mid-December for the following year.
- Boston operates at 90+% capacity at all times. There is a housing shortage which makes things move very quickly. If it’s your first time renting, it’s important to have your self in order before even starting to look at apartments. Some of the most desirable neighborhoods even have bidding wars on apartments- yes people actually bid up the rent to pay more monthly for the perfect spot…crazy we know.
- There is no perfect online resource for what is available. Including Zillow, Trulia, apartments.com or any of the other site out there. (We are currently working hard to put together the best rental search platform in Boston- more on that in a later post.) It sucks but it’s a fact, which means that you have to put a lot of faith in the agent that you are working with that they will scour all of the different resources to find you the right spot.
- The market never stops. Yes, September 1 is like the Super Bowl of move-in days but people are constantly moving for all sorts of reasons: new jobs, new relationships, babies, marriages (we’ll stick to the good ones). There may be way fewer options but you can find an apartment for any move-in date. The other popular dates are January 1, June 1 and October 1.
- You are most likely going to pay a broker fee for your apartment, so why not pay it to someone that is going to work for you? This one is a bit selfish, but we work really hard for our clients and we don’t get the chance to tell that to people very often. It makes us really sad when we hear “our apartment hunt was a nightmare” or “my agent literally did nothing for me” -Rob Lowe.
We mix technology, education and personality to bring you a stress free apartment hunting experience. If you’ve had a bad experience in the past, or you’re looking for your first apartment in the city we’d love the opportunity to show you how we do it!
Thanks for stopping by. Check us out on social: @localpropshop