There’s a myth that buying is better than renting, and for some, that may be true. However, in many cases, depending on one’s financial and life circumstances, it makes more sense to rent. To avoid common myths about apartment rentals, here are a few to keep an eye out for. 

Common Myths About Renting Debunked

1. Your Landlord Can Drop in Unannounced 

From showing the place to new tenants before you move out to routine maintenance, there may be times the landlord needs access to your unit. In all of these circumstances, however, they cannot simply pop in any time they want. While 24-hours notice is standard, some states vary slightly. For example, in South Carolina, it’s 24-hour notice with the exception of emergencies. In Connecticut, on the other hand, the law simply states “reasonable notice.” No matter the state, however, your landlord cannot come in without giving notice.

2. You’ll Never Get Your Security Deposit Back

There’s a myth that if you live in an apartment for longer than a year, your deposit is as good as gone. However, receiving the deposit back is primarily related to the condition of the apartment. If there are damages, the landlord may take money out of the deposit to fix them. You can increase your chances of getting it all back by deep cleaning before you move out and having your landlord do a walk-through before you leave. 

3. Renting Is a Waste of Money

While you won’t build equity while renting as you do with a house your own, you don’t have to worry about maintenance, upkeep, and some of the utilities. Plus, if you can’t afford a home and buy one anyway, you could put yourself in a bad financial situation. Instead, rent until you can afford to buy. 

If you’re looking for an affordable apartment rental, turn to A1 Properties. With multiple charming and conveniently located properties throughout Tolland County, CT, and Myrtle Beach, SC, you’ll find the perfect space for you. Visit their website to see their available properties, or call them at (860) 490-5205 to speak to a member of their team about their apartment rentals.