{"id":689,"date":"2021-11-24T10:16:00","date_gmt":"2021-11-24T18:16:00","guid":{"rendered":"https:\/\/prophub.com\/blog\/?p=689"},"modified":"2022-01-06T04:59:30","modified_gmt":"2022-01-06T12:59:30","slug":"5-housing-costs-college-students-should-make-note-of","status":"publish","type":"post","link":"https:\/\/prophub.com\/blog\/5-housing-costs-college-students-should-make-note-of\/","title":{"rendered":"5 Housing Costs College Students Should Make Note Of"},"content":{"rendered":"\n<p>Applying to college is a stressful time as it\nis. The experience can be made even more stressful when you aren&#8217;t prepared for\nthe costs that can pile up! That&#8217;s why we&#8217;ve put together a list of unexpected\nhousing costs that all prospective and current students should budget for.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Security Deposit<\/strong><\/h3>\n\n\n\n<p>As a private renter, you\u2019ll be required to pay a security deposit. A security deposit protects the landlord from not being able to recover from property damage and unpaid rent. It is paid before you move in and depending on the state of the property at the end of the tenancy and it you\u2019re up to date on rent, you might receive some, all, or none of your security deposit back.<\/p>\n\n\n\n<p>A security deposit is a separate cost from\nyour monthly rental payment. The security deposit amount is determined by your\nlandlord but is typically equivalent to one or two months of rent. So it\u2019s very\nimportant to budget that into your costs!<\/p>\n\n\n\n<p>Depending on your credit history, your security deposit may be more or less expensive. Some landlords may even ask for a few months\u2019 rental payment upfront for additional protection. One way around this is getting a guarantor or co-signer, like a parent with strong credit, on your rental lease agreement.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Pet Fees<\/strong><\/h3>\n\n\n\n<p>Another thing to factor into your housing costs are pet fees. A lot of private rentals don\u2019t allow pets generally, due to concerns around damage and smell. However, some landlords do accept pets and may request a fee. This fee can range from\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.apartmentguide.com\/blog\/pet-fees-what-to-expect\/\" target=\"_blank\">as low as $50 to as high as $500<\/a>\u00a0or more, depending on your location and your pet\u2019s size.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Furnishings<\/strong><\/h3>\n\n\n\n<p>Many people can forget about how expensive furnishing a place can be. As you\u2019re moving into a college rental, you\u2019ll most likely have some existing furnishings already provided, but in some cases you may not. According to the National Retail Federation, dorm and apartment furnishing are among the top three spending categories anticipated for the back-to-college season, at <a href=\"https:\/\/nrf.com\/insights\/holiday-and-seasonal-trends\/back-to-school\">$9.7 billion in expected sales<\/a>. <\/p>\n\n\n\n<p>Furniture costs are highly variable depending\non where you live, whether you stick to essential furnishings or add decorative\nitems, and if you choose to shop for new or used furniture.<\/p>\n\n\n\n<p><strong>Is this your first time renting on your own? Read of our previous article: <a href=\"https:\/\/prophub.com\/blog\/how-to-be-a-good-tenant\/\">How to Be A Good Tenant<\/a><\/strong><\/p>\n\n\n\n<p><strong>If you\u2019re interested in or would like to learn more about our services,\u00a0<a href=\"https:\/\/prophub.com\/login\">register here<\/a>!<\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Applying to college is a stressful time as it is. The experience can be made even more stressful when you aren&#8217;t prepared for the costs that can pile up! That&#8217;s why we&#8217;ve put together a list of unexpected housing costs that all prospective and current students should budget for. Security Deposit As a private renter, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":700,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[15],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>5 Housing Costs College Students Should Make Note Of - PropHub<\/title>\r\n<meta name=\"description\" content=\"Applying to college is a stressful time as it is. So, we&#039;ve put together a list of unexpected housing costs that all college students should budget for.\" \/>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/prophub.com\/blog\/5-housing-costs-college-students-should-make-note-of\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"5 Housing Costs College Students Should Make Note Of - PropHub\" \/>\r\n<meta property=\"og:description\" content=\"Applying to college is a stressful time as it is. 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