Tips for Renters: How to Identify Your Priorities

When you’re looking to rent, it’s important to identify your priorities in a home, so that you can find the residence that best matches your needs. As a new renter, sorting through potential priorities can seem quite intimidating — what amenities are you drawn towards? What do you require for your day-to-day life? What matters more to you, a basement or a balcony? When are you asking for too much, and when aren’t you asking for enough?

We’re here to help you find what matters most, so that you can form a concrete list and apartment-search with confidence.

Our Categories

Let’s start off by sorting our needs into three categories: the Can’t Live Without, the Nice To Have, and the Dream Scenario.

Can’t Live Without: these are things that you require for your basic functions as a home-dwelling human being. Let’s say that you’re in a family of five — in that case, a good can’t-live-without feature could be two or more bathrooms! These items are your absolute non-negotiables, and can really help trim off the homes that just won’t work for you early on in your search.

Nice To Have: These features make your life easier or more enjoyable, but they aren’t strictly necessary. They might include things like in-unit laundry, a dishwasher, or a dedicated parking space. If you’re working from home, maybe an extra room to serve as an office would fall into this category. These items can help you narrow down choices when you’re torn between similar properties — just keep in mind that flexibility here can expand your options and potentially lower your rent.

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Dream Scenario: These are the “icing on the cake” features–the ones that would make you fall in love with a place but aren’t deal-breakers if they’re missing. Think high ceilings, a fireplace, skyline views, or access to a rooftop deck. Dream features are great to include on your list, but remember: they should never outweigh your “can’t live without” priorities.

How to Build Your List

Start by sitting down with everyone you’ll be living with and discussing what matters most to each person. What are your non-negotiables? What conveniences would you appreciate? What luxuries would make the space feel special?

Once you’ve talked it out, physically write the list down or keep a digital version on your phone or computer. This will help you stay focused while apartment hunting and avoid getting distracted by shiny features that don’t actually serve your lifestyle.

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Here’s a quick example of how a list might look:

Can’t Live Without

• Two bedrooms

• Pet-friendly

• Public transit access within 10 minutes

• Heat included

Nice to Have

• In-unit washer/dryer

• Private outdoor space

• On-site gym

Dream Scenario

• Exposed brick

• Floor-to-ceiling windows

• Walk-in closet

Final Tips

When polishing your list of priorities, there are a few final tips that will be helpful for any renter. The first is knowing your budget. Prioritizing doesn’t matter much if the unit is out of your price range. Be realistic about what you can afford, including utilities and any potential pet or parking fees.

Next, consider your lifestyle. Are you a homebody who needs a cozy, comfortable space? Or do you spend most of your time out and just need the basics? Your lifestyle should guide your choices.

Finally, be ready to compromise. Most renters won’t get everything on their list, so be clear on which priorities you’re willing to flex on. That can help speed up your search and reduce stress.

Renting can be a big decision, but by identifying your priorities early, you’ll feel more confident navigating listings, tours, and lease offers. Remember, your future home should support the way you live, not complicate it!