from the blog
everything you need to know about finding, choosing, and living in student housing.
Reading an apartment lease means working through it clause by clause before you sign. The clauses that cost students the most are joint-and-several liability, automatic renewal, subletting, and security-deposit terms.
If your parents can't or won't cosign, a lease guarantor service will stand in as your financial backer for a fee — usually 40% to 110% of one month's rent. Insurent is the standout for students and international renters; TheGuarantors and Leap are cheapest with good credit.
For most students, a fixed-term lease is the cheaper, safer default — it locks your rent for 9 or 12 months. A month-to-month lease is better only when your timeline is uncertain, because it lets you leave with 30 days' notice. The trade-off is a 7% to 10% rent premium.
Yes, renters insurance covers stolen items — your laptop, bike, phone, and clothes are covered against theft whether they're taken from your apartment, your car, the library, or while you're traveling. The payout comes minus your deductible and is capped by your coverage limit.
The real first apartment checklist for a college student is shorter than the internet wants you to believe: a bed, a way to cook and eat, cleaning supplies, somewhere to sit, and renters insurance cover the first week. Furnishing from scratch runs about $800 to $2,000 if you buy smart and secondhand.
To sublet your college apartment legally over the summer: read your lease for the subletting clause, get your landlord's written permission, screen the subtenant, sign a written sublease agreement, and hand the signed copy back to your landlord. You stay on the hook for rent the whole time.