How difficult is it to rent a house in Oakland County, MI?
Currently, there are more than 550 houses available for rent that fluctuated 0.07% over the last 30-day period for Oakland County. There are more than 10k people looking for Oakland County housing recently.
Here are some of the general demographics of Oakland County, MI:
Median age: 40 years Household income median: $73,369 Total Population: 1,235,215 Renters percent: 25% Homeowners percentage: 75%
What are the rental costs for houses in Oakland County, MI?
The median rent in Oakland County is approx. $1,500. That is $31 above the national average rent of $1,469.
What are people saying about living and renting in Oakland County, MI?
Here we have collected real reviews from the people who are living in Oakland County. Read on some of them here: – Nice, quiet, and beautiful neighborhood. – Nice area to live in. – Prime location – It looks like a good neighborhood to live in.
How big of a rental house can I afford?
To check how much rent you can afford, you should multiply your monthly gross income by 20% to 40% based on how much you want to spend.
Also, do not miss reading following some of the most important tips while renting the house. When signing a rental agreement, it never hurts to take certain precautions. It is as much about avoiding fraud as it is about headaches for issues that have not been tied up for the future. Today we provide you with up to 10 gold tips that will help you to obtain a house for rent Oakland County, MI.
1. Check the rental price of the area well:
The bargains exist, but first, you should be suspicious of those ads that are well below the average price in the area. Therefore, when looking for a rental home it is important to check the price of other properties with similar characteristics in the same neighborhood.
2. Check the Land Registry:
Another way to verify that the person claiming to be the owner of the home is the true owner, by requesting the information in the Property Registry. It is a simple procedure that can be carried out online asking for a simple note that provides brief and concise information on paper about the legal situation of a property.
3. Formalize face-to-face treatment:
One of the most typical cases of fraud occurs when the false landlord claims to be abroad. And, for this reason, cannot show the apartment. One way to avoid this is to always meet face to face to see the apartment and sign the contract, either with the owner, the property manager, or the real estate agent.
4. Do not pay the rent before visiting the apartment:
Never, under any circumstances should you give an advance before visiting the apartment, in a hurry to rent that the advertiser shows.
If you did, you could find that you have rented the apartment in different conditions than you thought or that the property in question does not even exist.
Therefore, you should not give money or sign the contract without first checking the condition of the property, the location, the number of rooms. If there are any damages or if you have registered supplies, among other things.
5. Make the rental agreement in writing:
Whenever a deal closes with someone, it must record in writing. The words are blowing away by the wind and in the event of any problem, loud agreements cannot demonstrate the agreed conditions or the breach of the contract.
Therefore, it is essential that the conditions of the contract reflect in writing. That each of the parties involved keeps a signed copy on all its pages. It is best to use a model contract.
6. Review the rental agreement:
Before signing you must read the conditions of the contract well. You must be clear about the monthly rent, the duration of the contract, the expenses to pay by each of the parties. Also, review who is responsible for the maintenance of the home. If not agree, try to negotiate.
7. Know the tenant’s rights:
The best way to avoid unfair terms is to know in advance of your rights and obligations as a tenant. Although it seems an insignificant detail, sometimes there have been circumstances in which a tenant has rented a house. In a community with a pool but without having the right to it. For this reason, before signing any paper, it is important that you clarify the rights that would correspond to you as a tenant. That these are specifically stated in the contract.
8. Deposit of bail:
By law, it is mandatory that the landlord deposit the requested deposit to the tenant in the corresponding autonomous body. But there are some that do not. This is an important point that could mean the loss of the deposit for the tenant and the impossibility of deducting the rent from the rent. In addition, it is important that you know that the amount that you as a tenant give the landlord as a deposit should not exceed the equivalent of 3-month rent. However, be that as it may, it is essential to keep the receipt of any payment that is made.
9. Maintain a good relationship with the owner:
Having a good rental contract closed is a guarantee of being calm for a while. Try to maintain a good relationship with the owner and / or administrator of the apartment, especially if you live in big cities like MI. Finding a flat with acceptable conditions is getting more and more difficult, so trying to keep what you have is the smartest decision. In fact, if you are a good tenant, the owner will most likely decide to extend your contractual relationship to ensure that your apartment is effectively in good hands.
10. Always have a contact phone handy:
For any unforeseen, especially if it is your responsibility, the owner must respond. It is important that when you sign the contract you have to ask for a contact phone number to call when something unforeseen arises.