If you’re planning to move into a new rental home, it’s important to find a quality apartment at an affordable price. The right time to rent a property can save you money and help you find a great place to live. According to studies, February is the least expensive month to rent an apartment as rental rates are lower than during the peak of winter.
If you’re looking for the best deal on your new apartment, it’s recommended to schedule your move for the coldest months of the year when everyone is staying indoors. This article is for tenants looking to move into a new rental with the best deal. Here are some things to consider if you’re planning to move in February.
Why is February a Good Time to Move?
Moving is one of the things that has the best timing. If your current apartment isn’t working for you, you might believe this is the ideal moment to move.
Without a doubt, winter is the best time to buy, especially in February. In the winter, real estate communities often offer lower prices, and moving companies frequently have fantastic specials. For example, suppose you’re moving to a smaller apartment and require a storage unit. In that case, you’ll be in a good position to haggle the cost during the winter, when storage facilities sometimes offer discounts. However, discussing with your local property manager what to expect when moving in is essential.
Your possessions are considerably more likely to survive a long-distance move in an incredible van during the winter should you hire a moving company.
The Top 3 Benefits of Moving Early in the Year
- Less Competition
Winter may have fewer homes for sale, but it also means less pressure to find the ideal one. Moving in the winter allows you to avoid the spring housing market’s feeding frenzy and potential bidding battles. In most areas of the country, the winter housing market tends to be slower, which is good news for you as there will be less competition and more landlords willing to rent their property.
- Price Differences
Winter is a more affordable time to rent. Landlords are more open to negotiations in the winter as there is less demand. Outside of the busy summer buying season, homes also sell for less money, and prices remain low through January and February after the most active buying season ends in September. Rent costs are also lower during the winter as there is less competition for rental properties and fantastic move-in deals.
- Availability of Moving Companies
Moving companies are less busy in the winter, giving them more time to focus on their current customers. The most popular moving season is summer, and moving companies can get booked up quickly even when relocations are booked a month in advance. Driving schedules are generally open throughout the winter, and there is less competition for moving services, making it the ideal time to reserve a slot. Prices for moving companies also drop from late September to early April, making it less expensive to move during the winter.
Final words
The decision to move in the winter and take advantage of lower rent costs ultimately comes down to several factors that you need to consider. However, if you’re looking to relocate this winter, now is a great time to start exploring your options.
