Real Estate Expert Shares Tips on How to Find the Right Rental Apartment

Finding a suitable rental apartment can prove to be a real challenge, especially considering the significant costs associated with renting. Urmas Uibomäe, the managing director of the real estate portal Kinnisvara24, provides five valuable tips to consider when choosing a place to live.

1. Create a well-thought-out budget

Before searching for a rental apartment, it's worth carefully considering your budget. Make sure you have sufficient financial resources to cover all rental-related expenses, including rent, moving costs, security deposit, and possible contract and broker fees. In the case of an unfurnished apartment, also account for expenses related to furnishing.

It is important to consider that utility costs may grow unexpectedly during the rental period. It is recommended to familiarize yourself with previous bills covering both summer and winter periods, and to ensure that your budget does not exceed a reasonable limit – ideally, rent and utility bills should not exceed half of your monthly expenses.

2. Allocate sufficient time for searching

Finding a good rental apartment can take time. Start your search early so you can calmly consider different options and make informed decisions. Especially at the end of summer, when students actively search for housing, good rental apartments in Tartu and certain areas of Tallinn can sell out quickly.

Familiarize yourself with different neighborhoods and find out what rental prices correspond to market conditions. When weighing interesting apartments, also research your potential neighbors to prevent possible different understandings regarding quiet and peace.

3. Sign a written rental agreement and read the terms carefully

Never rely solely on verbal agreements. To avoid future misunderstandings, always sign a written rental agreement. It should clearly reflect all the conditions of the rental relationship, including the rights and obligations of both the landlord and the tenant. When reading the contract, be attentive and ensure that all important points are clearly defined. If necessary, consult a specialist or broker. It is also advisable to research the landlord's background to avoid possible unpleasantness.

4. Consider important added values

Before choosing a rental apartment, clarify for yourself what added values are important to you. Whether it's a balcony, parking space, storage room, or permission to keep pets – identify your needs and focus on those features that are truly important to you.

5. Choose the right location

Location plays an important role in ensuring comfort in your daily life. Think about what services and amenities should be near your home, such as your workplace, schools, public transport stops, entertainment options, or shops. Make sure that the chosen location meets your lifestyle and needs.

When making your choice, also research the safety of the area and the general living environment. If you plan to live in the rental apartment for a longer period, consider whether the chosen apartment and its surroundings also support your future plans.