The rental market has been undergoing a lot of changes over the course of the past decade or so. The focus on what renters want has shifted, starting from how they access information about potential rentals all the way through to the types of amenities and upgrades they expect. This means that, if it’s been a while since you last rented, you might be surprised at how the entire process has evolved from start to finish. If you’re looking for your next apartment in Hattiesburg, you might want to read on so that you have a better idea of what you can expect!
Searching for an apartment in Hattiesburg is proving to be a bit more difficult each year, being that there has been such an influx of new renters on the market. Millennials have flooded the rental market nationwide in droves, and Hattiesburg is no exception, particularly due to its appeal to the many college-age students that call it home. As more and more renters are seeking out quality apartment homes, landlords are able to become a bit choosier when deciding who they’d like to lease to. This means that you may want to make sure that your apartment application is as polished up as your resume in order to make a lasting and positive first impression. Taking the time to clean up your credit score and including some glowing reviews from previous landlords could be just what you need to make your application stand apart.
It’s important, as well, not to discount the role that social media now plays in the tenant screening process (whether frowned upon or not). Anything that you’re posting publically can be easily accessed by potential landlords. With so many prospective tenants vying for the same space, it’s a good idea to be mindful of what you post so that somebody else doesn’t snag your space.
While the internet is certainly nothing new, its impact on the rental market has changed significantly. The idea of listing prospective rentals in the newspaper has long-since become archaic, but the rental market is embracing other opportunities that the internet has to offer as well. If you’re looking for an apartment in Hattiesburg, your first stop on your favorite search engine may also be your last. Rather than scheduling in-person property walk-throughs, more and more landlords are choosing to offer 3-Dimensional or virtual tours of their rental properties. This saves both the landlord and the tenant a whole bunch of time and effort!
You may also find that the application process has become much simpler. Again, rather than meeting up to fill out stacks of unnecessary paperwork, a lot of management companies and landlords are choosing to take their applications online. Prospective tenants can typically find easy access to apartment applications straight from the same site where they viewed the property in the first place, making the internet the new one-stop shop for the entire rental procedure.
Options for Short-Term Rentals
The traditional lease term of “one year” is also becoming a bit of an outdated idea. With the introduction of “AirBnb” and “HomeAway”, more and more landlords are choosing to turn their apartment properties into shorter-term rentals rather than sticking with the tried and true method of leasing a space. There are a few benefits to this for both parties. From a landlord’s perspective, it allows them to charge on a per diem basis, thus creating the ability to fill the space for any short-term gaps that might open up.
As a tenant, experiencing a shorter stay in a property is a great way to get a feel for the neighborhood before committing to a longer-term lease and finding yourself stuck somewhere that you may not be completely satisfied.
This can also work in conjunction with a long-term rental and benefit both parties. For example, a landlord renting a two-bedroom apartment to one tenant may include a clause within the lease that allows that tenant to sublet the space on a per diem basis, at an additional cost. If a tenant is sub-leasing their space for $100 per night, let’s say, the lease may outline that the landlord is entitled to 20% of this fee.
Looking for an Apartment in Hattiesburg or the Surrounding Areas?
Now that you know what to expect as you re-enter the rental market, it’s time to find you the perfect apartment in Hattiesburg! At Hattiesburg Apartments, our name says it all! We’ve gone to great lengths to put together a database of the best apartment rentals in the area with something for everybody. Take a look through our available listings today and reach out to schedule a walk-through.