Below is a list of expenses you can expect when renting an off-campus apartment. Rents in the neighborhoods surrounding the University vary from one unit to another, however, expect to pay between at least $1000 to $1400 per month for a one-bedroom apartment. In addition to the first month’s rent, a security deposit (in the amount of one or two month’s rent) is often required. Your security deposit will be returned after you vacate the apartment, granted you have left it clean and in good condition. A deposit is sometimes requested to hold an apartment until credit checks and/or employment verification can be completed. If you rent through a realtor, they may charge an application fee (generally less than $50) or have you pay for the credit check. As a renter, it may be a good idea to purchase Personal Property Insurance in case of an unlikely loss or damage to your personal belongings. Information for students may be found at the General Counsel's site. If the apartment rent does not include utilities (electricity, water, gas), before signing the lease you will want to inquire about the average monthly cost of the utilities and the cost of heating the apartment in the winter. This will help you understand the full cost of the rental. An unfurnished apartment will usually contain no furniture. You can ask the landlord if there is any furniture available, but if not you will have the additional expense of furnishing your apartment. When using online websites to find an apartment, be alert to the possibility that the ad may be a scam. While it does not happen often it helps to pay attention to the advice below which will help you spot a possible scam. The Better Business Bureau and the FBI both advise renters to look out for the following red flags: A lease is a legally binding housing contract, normally spanning a 12 month period, or ending at the beginning of the academic year. The Yale Off-Campus Housing website provides detailed information about signing a lease. A few of the most important details are listed below: Below are resources for finding off-campus housing. If you are new to living in the U.S., check out our housing terms and abbreviations page as well as the Off-Campus Living Guide.Off-Campus Housing
Off-Campus Housing
Housing in the U.S.
Long-Term Housing
Short-Term Housing
Housing Information
Important Note:
Do not pay your rent in cash. Use personal checks, money orders, or traveler’s checks for deposits or payments. A money order can be purchased at banks or an official U.S. Post Office for a small fee.