Glyn Ramsay. Home Design. January 08th , 2018.
My next move was to buy a map of the region and select some criteria to focus my search and further limit my search area. Some considerations were more obvious than others were. For example, I knew Id need a job and that, in my field, the prospects for finding one would dramatically increase with my proximity to the larger, denser urban areas of Ft. Lauderdale and Miami. However, I also knew that, with my luck, it was more than a possibility Id land a job in less likely West Palm Beach and probably the day after the ink dried on my apartment lease in a community in the midst of one of those more prominent cities. I decided to hedge my bet and search within the nondescript area of Southern Palm Beach County-Northern Broward County, somewhat equidistant in space and time between the polar extremes of West Palm Beach and Miami.
What if you are retired and do not have income? Some areas would require you to move to a retirement community or senior facility. But most apartments in Dallas are flexible in this regard. They will just require a copy of your bank statements to verify that you have enough funds to cover the cost of the rent for each month of the lease. For example, if your rent is $1000 a month, and you sign a 12 month lease, they will check to see if you at least have $12,000 in savings. They will also consider any Social Security money that you receive as monthly income. And if all else fails, they will accept a co-signer. Because Dallas is flexible in working with retired individuals, many enjoy the freedom and dignity of renting their own apartment without having to move into a retirement home for seniors. Perhaps this is one of the reasons that Money Magazine voted Dallas as one of the best places to retire in 2006 and 2007.
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.