_, Renter in SouthwestCedar Park,...

What month is best for finding a rental?

Asked by _, SouthwestCedar Park, Philadelphia, PA Tue Jul 2, 2013

Help the community by answering this question:


In summer time it is crazy season, so it is very hard to rent apartment if you like to do long search. Because apartments are gone from the market, sometime the same day, they are got to the market.
0 votes Thank Flag Link Thu Mar 12, 2015

Luke Constantino
Keller Williams Real Estate
9120 4th Avenue Brooklyn, NY 11209
Office: (718) 954 8400
Direct: (212) 300-3919
0 votes Thank Flag Link Tue Jul 2, 2013
In my experience March through August. March is when some people start receiving tax refunds, April & may is huge and then after that weather is nicer, so people are moving, freeing up units.

Tatiana Davis
Davis & Associates
0 votes Thank Flag Link Tue Jul 2, 2013
Whenever it is the time that you need to move!
Landlords do try to have their leases expiring during the summer months: June - mid September because there are more perspective tenants moving during those months, so yes there are more apartments available, but the competition for them is fierce. And depending on the neighborhood some leases for September 1st occupancy are actually 10% higher than say October 1st. During the winter months fewer people choose to move, landlords do not launch new buildings in the middle of the winter months, so the rentals that are available during the winter months will have less completion, but there are fewer of them.
So the bottom line is: when do need to move and why are you moving?
Kathryn Lilly, Broker
Realty on the Greene, LLC
0 votes Thank Flag Link Tue Jul 2, 2013
That's a catch 22 question ... there tends to be more apartments available n the summer as this is a time when many leases turn over, but in the months of October, November and December for instance, you tend to be able to get a better deal as the turnover rate is slower during these months and the market is markedly slower than the summer months.
0 votes Thank Flag Link Tue Jul 2, 2013
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