Home Design. Thursday , January 18th , 2018 - 14:36:46 PM
Among other factors, dont overlook the importance of elevation to the overall quality of the apartment living experience. Most of the apartment communities I visited charge a nominal rental premium for an upper floor apartment (approximately $25 per month), probably because upper floor apartments dont have pesky noisy neighbors overhead throwing cigarette butts off their patios. They are also less likely to be flooded from rainstorms and tend to receive fewer visits from all those critters youll find on your unscreened patios (ants, spiders, lizards, etc.) that Floridians have learned to coexist with. However, along with the superior views and access to light and air that upper floors provide is the excessive heat and possibility of leaks (on top floors). Upper floor units sometimes offer the amenity of a vaulted or cathedral ceiling that can enhance the light and air or feeling of spaciousness in an apartment.
Some general comments are worth noting. Notwithstanding the extreme volatility in residential real estate markets recently, Luxury garden-apartment-style communities in this area of South Florida still rent for $1.00 (give or take) per square foot per month. That means a 900 square foot apartment will rent for approximately $900 per month. Not surprisingly, one bedroom units have the highest per square foot rents; three bedroom units the lowest. Some communities charge extra for water, sewer and trash removal. Most charge a rental premium for certain apartment views (especially golf course or lake views), upper floor apartments and pets.
Once you have an idea of which neighborhoods you prefer to live in, now you have to determine if your a budget is realistic. Determine what is the average price for an apartment for those neighborhoods. How? I recommend going to a website called apartmenthero.com. This website will provide current market averages for every size apartment rental in every neighborhood in the city. Results are usually pretty accurate but sometimes they can be a little off, about plus or minus $300. When you first enter the site you will be prompted to enter information to compare your current apartment to the current market rate. If youre a "newbie" and do not have an apartment yet, go to the right column of the website, click on "average rents in Manhattan". Another great way is to do your own research on nytimes.com. I find that nytimes.com rental listings are much more accurate and up to date, as opposed to Craigslist and other sites where there are tons of bait & switch scams.