If you are moving to Kingston, you’ll be searching for a cheap apartment for rent in Kingston. The problem is finding an affordable apartment in Kingston can be an overwhelming experience.
When searching for an apartment in Kingston, you’ll need to factor in several issues. These include the actual cost of monthly rent, logistics, and living costs. The entire process can be mentally and financially exhausting. With good planning, you can find a cheap apartment in Kingston that suits your budget and needs.
At Axon Property Management, we list several cheap apartments in different parts of Kingston. To help you in your quest to find an affordable apartment in Kingston, here are some of the most important factors to consider.
Figure Out How Much You Can Afford to Pay as Monthly Rent
You’ll of course be looking for a cheap apartment that you can afford to pay for every month. The first and most important thing you need to do is work out how much you can afford to pay. You need to first look at your finances to know how much you can afford to pay as rent.
At Axon Property Management we recommend spending no more than 30% of your monthly income on rent. Remember that you will need to qualify for tenancy before you are given the keys to the apartment. You will fill an application form to get approved.
Most landlords will require your income to be three times the rent to qualify for the rental apartment. They have a rent-to-income ratio to calculate your affordability. Others may require a guarantor to approve your application.
Make sure that you can afford the rent besides your other expenses such as food and bills.
The monthly rent of a two-bedroom apartment in Kingston goes from $1,200 to $2,000. This means the average is about $1,700.
Find a Neighborhood You Want to Live In
Once you have determined how much you can afford as rent, you can tackle the next step of finding a good neighborhood.
The ideal location will be closer to your workplace or college. Remember the farther away you live from work, the more you’ll pay for transportation.
Rents in neighborhoods close to Kingston’s downtown and inner suburbs are more expensive than those in the outskirts of the city.
Look for a balance between rent and the cost of commuting to find the best cheap apartment for rent.
Go Online to Find the Best Cheap Apartment for Rent in Kingston
The best way of finding a cheap apartment for rent is by knowing where to look. There are many good apartments with everything you need at a cheap monthly rent but finding them isn’t easy.
Many Kingston real estate companies have online listings of available apartments that suit your budget.
You can visit the Axon Property Management website to see apartments that are available.
Get a Roommate
Another way of finding a good and affordable apartment in Kingston is by teaming up with a roommate.
You can ask friends and family for recommendations of a good roommate interested in moving to the same neighborhood.
Check social media platforms such as Facebook groups for trustworthy roommates interested in sharing rent with you in the same neighborhood.
Start Your Apartment Hunting in Advance
Don’t wait until the last minute to start searching for an apartment because of the competitive nature of cheap apartments.
In fact, we recommend starting your search two or three months before the move date. This is because tenants give their landlords as little as 30-days’ notice to move. But others let the landlord of their intention to move out way in advance.
While searching for a good apartment for rent in Kingston, make sure to consider all the key features and requirements of the apartment. This includes the price or rent, transportation to and from work. It includes convenience in terms of proximity to shopping outlets, restaurants, train station, and other amenities. Check the safety level of the apartment.
Don’t compromise your safety for cheap rent. Most landlords in Kingston have put measures to ensure that their apartments are safe for tenants.
How Much Does a One Bedroom Apartment Cost to Rent in Kingston?
One-bedroom apartments in Kingston Ontario go from $1,030 to $1,825. The average in this case is $1,549.
How Expensive Are Three Bedroom Apartments in Kingston?
The cost to rent a thee bedroom apartment in Kingston is from $1,440 to $2,280. It averages about $1,954.
Contact Axon Property Management for Cheap Apartment Options in Kingston
The points discussed above should help you find cheap Kingston, ON apartments for rent.
Remember to choose a neighborhood with apartments that fall within your monthly budget as rent is a recurring expense.
You can contact Axon Property Management or browse through the listings on our website to find the most affordable apartments in Kingston.