Can A College Student Rent An Apartment
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Even if youve lived in an apartment while in college finding it was likely mostly done by word of mouth.
Can a college student rent an apartment. However finding an off-campus apartment as a college student can be difficult. Students tend to live in concentrated areas near campus and in less-than-desireable apartments. The simple answer is no.
A job may be in your future. In their annual survey of colleges College Board found that the average 2018-19 annual on-campus room and board costs for students attending a public four-year college was 11140 and 12680 for the non-profit private four-year school. Even if you plan to share with other students or get help from your parents you still need.
For example you may charge 2000 a month when renting a three bedroom to the general population but you may be able to collect 2250 when renting to three college students because each student would only be responsible for paying 750 a month. A 529 plan does include off-campus rent as long as youre going to college half-time for that semester but it only includes rent and utilities up to the amount specified by the college as a room-and-board allowance. Refusing to rent to students would be considered discrimination especially since many students are between the ages of 17 to 25 and the Fair Housing Act prohibits discrimination based on age.
Generally to qualify for an apartment you need income rolling in. Renting an apartment in New York is a giant puzzle with many challenges especially for students. If you spent your college years in a dorm claiming a space of your own without RAs quiet hours and communal bathrooms is pretty enticing.
Its important to avoid stereotyping potential tenants since not all college students are young adults. The answer is yes. Being a college student is always difficult especially when youre trying to make ends meet in New York City.
If you dont have a substantial income many landlords wont approve you for a lease. She decided to stay by herself and not have a roommate. Some landlords also ask to see credit reports.
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