{"id":9581,"date":"2018-09-18T09:13:25","date_gmt":"2018-09-18T13:13:25","guid":{"rendered":"https:\/\/www.renthop.com\/content-manager\/?p=9581"},"modified":"2023-07-22T11:37:00","modified_gmt":"2023-07-22T15:37:00","slug":"is-now-a-good-time-to-rent","status":"publish","type":"post","link":"https:\/\/www.renthop.com\/blog\/is-now-a-good-time-to-rent\/","title":{"rendered":"Is now a good time to rent?"},"content":{"rendered":"

Everyone knows that finding an apartment during the summer is the worst. Why? Because you and thousands of other people who just graduated or are moving to commute to work choose to move during the summer. That\u2019s just how it\u2019s always been. Summer is just peak renting season. Is now a good time to rent?<\/p>\n

So what about fall? Is it better to rent then? Technically, the last nine days of September count as fall, as the first day of fall is September 22nd. So is now a good time to rent? Or should you wait nine days for better deals?<\/p>\n

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Best Time of the Year to Rent<\/h2>\n

Back in January this year we did a data study on when is the best time of year to rent<\/a>, specifically which month. We then found that the \u201cbest\u201d or cheapest months to rent tend to be between December and March (early winter to early spring). We also found that the \u201cworst\u201d or most expensive months are in May through October (early summer to early fall).<\/p>\n

Furthermore, we did find that September was the worst month to rent a 1-bedroom apartment in the cities of Atlanta<\/a> and Boston<\/a>. We also found that September was a bad month to rent a 2-bedroom apartment for four cities, those cities being Los Angeles<\/a>, Chicago<\/a>, Atlanta, and Bos<\/a>ton<\/a>. So, does that mean you shouldn\u2019t be looking for an apartment right now? Not necessarily.<\/p>\n

Technically, September is almost over, and we\u2019re getting into the fall season. Also, our study shows that October was less expensive than September for most cities selected for the study. So yes, you could wait until October comes around for cheaper rent prices, or you could bite the bullet and find an apartment right now.<\/p>\n

Are Rents Always Higher in September?<\/h2>\n

No, not necessarily. That depends on where you\u2019re looking, what kind of amenities you are looking for, your budget, how many you are sharing an apartment with, and so on. There are so many factors that weigh in other than just how many people are looking to rent at that particular time (which allows owners and landlords to drive the prices up). But it is important to note that the month of September, technically, is in the rental peak season for most cities.<\/p>\n

Learn more:<\/p>\n