Prices of Apartment in Minneapolis

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Most people nowadays prefer to rent rather than buy their own house because of the high-interest mortgage rates. Some does not want to get a loan that will cost them to pay for 15 or 30 years with fixed or adjustable rates and also most of the people wants to avoid loans that can hit their credit score badly if they fail to pay it on time. It is up to the renter if they prefer a condo type or an apartment building. Apartment’s monthly rental may vary with size, level or floor, number of bedrooms and bathrooms, floorplans, facilities, amenities and more. In Minneapolis, the average rent is $1,457. This applies to an apartment size of about 805 sq. ft. Studio A studio type apartment or also called as flat is a type of apartment which has an open floorplan that combines, the bedroom, kitchen room and living room in just one room. Studio apartments are ideal for 1 to 2 persons. The average rental is ranging from $1,000 to $1,500 depending on the size between 500 sq. ft. to 700 sq. ft. One Bedroom and One Bathroom Unlike studio apartments, 1BD/1BA apartment has a separate bedroom, it often has one full bathroom but sometimes, it can be half-bathroom. This is ideal for 1 to 2 persons and the average rental is ranging from $1,200 to $4,280 depending on the size between 600 sq. ft to 980 sq. ft.

Two Bedrooms and Two Bathrooms 2BD/2BA can also have 1 bathroom, half-bathroom, 1.5 bathrooms or even 3 bathrooms. This type of an apartment is ideal for 2 to 4 persons. The average rental for this is ranging from $1,700 to $7,100 depending on the size between 900 sq. ft. to 1,380 sq. ft. Three Bedroom and Three Bathrooms This type of an apartment is ideal for big families with 4 or more members. The average rental may be ranging from $2,300 to $7,400 depending on the size between 1,300 sq. ft. to 2,590 sq. ft. There are some important things to consider renting a house. Create a guideline or checklist of what you want and what you need. By doing so, you can avoid having problems in the future. Make sure you can afford the apartment, consider this because as we know, there will be upfront cost that needs to be paid and contracts that need to sign, part of the contracts is the length of stay and normally, in order for you to rent, you must stay for at least a year. Be prepared of the monthly rantal payment and dues. You do not have to pay anything until you see the apartment, schedule a tour or visit with the realtor so that you can be able to check the entire apartment since this will be your home for a while.

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Apart from the monthly rentals, we also need to know what are the utilities included in the rent, know if you can save money if you do not have to think about paying your gas, electricity, water, cable, ineternet, trash and sewage separately. Speaking of utilities, you should also check all faucets and flush if they are all working properly or if there are leaks so that you can have it fixed before you move in. Check the lights and all the power outlets to avoid inconvenience in the future. We want to make sure that we have enough power outlets inside the house that we need to use for all appliances we have. Make sure that the heater and airconditioning works, we dont want to be soaking wet with sweat during summer and would not want to be freezing cold during winter. Check all the cabinets, doors and drawers. Make sure that door locks are working, we don’t want someone to break in our home, we want to feel safe and secured. Know your landlord, be careful if they seem to be eager to rent your place, if background or history check is necessary, do so. Just want to make sure about your safety. Try to meet your potential neighbors and visit the neighborhood on nights and weekends. Everyone deserves a good night sleep every night and a peaceful restday during weekend. It is important to know if how busy the neighborhood is, if there are parties going on during weekends or at night, or if it is a nice and quiet place to live.

Most of us are also pet lovers, you may also want to know their pet policy if the community is pet friendly or not. Know the restrictions if how many possible pets you can bring? How big is allowed? Also, think about your pets, is there a pet park nearby? Commuting is also one of the things that needs to consider. Of course most of us go to work, school or even places like, church, markets, and malls. We need to make sure that the main roads and highways are accessible so it will be easier for us to go wherever we want to go. Lastly, take photos of the entire place. For sure, since you are apartment hunting, you are going to visit not just one apartment. You can use the photos as a reference to compare and decide which apartment are you going to use. Once you are able to find and choose the best apartment for you, then its all set, now it is time to move in! Bring along all the things that you need, and give away or sell everything that you don’t have to bring with you in your new apartment. You can set up a moving out sale in your garage or sell them online. As we know, moving in an apartment will not going to be easy because we have to fix all the furnitures in place and for sure, it’ll be messy. You don’t have to worry because Minneapolis Cleaing Services Company will be there to help you do the deep cleaning and make sure that your new home is sparkly clean done by professional cleaners.

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Prices of Apartment in Minneapolis. (2021, Apr 23). Retrieved from

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