Whether you're renting your first apartment or relocating to Lafayette, knowing what to expect makes the process smoother. Here are five things every renter should know.
1. Understand Your Lease Terms
A lease is a binding agreement. Before you sign, read every clause — from early termination fees to maintenance responsibilities. Don't hesitate to ask your property manager to clarify anything.
"The best tenants are informed tenants. We encourage everyone to ask questions before signing."
— Michael Sandry, Co-Founder
2. Know Your Rights
Indiana tenant law covers security deposits, habitability standards, and eviction procedures. The Indiana Housing & Community Development Authority is a good resource for understanding your protections.
Pro Tip
Document the condition of your unit during move-in with photos and timestamps. This protects your deposit.
3. Budget Beyond Rent
Factor in utilities, renter's insurance, parking, and potential pet fees. A common rule of thumb: housing costs should be 30% or less of your gross monthly income.