When you are considering the range for your rent amounts bear in mind that there will be different direct and indirect costs associated with each property offered to you. These costs will be in addition to your rent. Such additional costs may include utilities, service charges, cable subscription, parking or commuting costs.
The rent you may be willing to pay could also depend on the living arrangements you are offered, the number of other household occupants or the quality of the property. There are many variables that affect your budget, so it is good to have a range in mind.

For example:

If you are offered a property that means you will save money on a short, less expensive commute, you may be willing to pay more rent.
If you are offered a property that would entail a more costly, time-consuming, stressful commute, then you may decide to pay less rent.
Don’t let your choice of a home be just about the amount of rent a landlord wants to secure. For you, it needs to be about the things that matter to you and how much you can afford to pay.

Sean M

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