What to Expect with Midtown Atlanta Rentals

Midtown Atlanta Condo Rentals

 

Thank you for selecting My Midtown Mojo to assist you in your rental home/condo search.
We realize that you have many portals to use in your search, from online classifieds to countless other real estate websites.
We are happy to use our arsenal of tools to help you find the right rental home or condo. But that takes time on our part. And with that time, comes no guarantee that you will rent a home through us, meaning we will make no commission on your rental.
We have now implemented a Tenant Placement Retainer Fee of $300. This fee is non- refundable, and is payable at our first initial meeting. If you elect to rent something you found online or on another website, the Retainer fee is non-refundable.
This fee is payable before we start any rental search process. Please feel free to ask any questions you may have about this process. You might want to complete our Rental Questionnaire that will better assist us in helping you with your rental home needs. We look forward to finding you the perfect home or condo to rent, and you will have our full resources working on your behalf.

 

If you are looking to Rent a Midtown Atlanta Condominium, you have come to the right place.

First off, it’s important to note that Midtown Atlanta Rentals are much like buying a Midtown Atlanta Condominium….in the sense that if it’s price right, it will rent very quickly.

Spire Midtown Atlanta Condos For RentIt is important to understand that when you rent a Midtown Atlanta Condominium, you are renting a home from an individual owner. That owner may have purchased the condo as an investment, or it could be their personal residence they are renting because of a job relocation or other such event. But, in either case, the individual owner must have a leasing permit from the condominium homeowners association in order to lease their condominium. These buildings are not like apartments were everything is for rent. As such, it limits the number of homes that can be rented at any given time, based on the rules of the association.

What to Expect When Renting a Midtown Atlanta Condominium?

Don’t expect them to be cheap. Remember an owner has a mortgage payment, property taxes, insurance and HOA monthly fees to pay.  All those numbers add up quickly and as such, are often reflected in the monthly rental rate.  Rates for a 1 bedroom will average $1000-1500 per month in most major buildings. 2 bedrooms will be $1500-2400 per month. Again, these numbers vary widely based on the individual owner’s situation.

You will need to fill out a rental application. This process again varies from condo to condo, based on the individual or company (real estate brokerage or property management) that is handling the listing.

You will have your credit checked either by you providing a copy of your credit report, or the listing agent pulling it. This will be done via an authorization form of some sort.

Expect to pay an application fee. These can range anywhere from $40 per person to $60 per person. Some will offer a different rate for a couple.  These fees are almost always non-refundable, whether you are approved or not or even if you change your mind during the application process.

Deposits also vary based on individual owners or companies. Expect to pay at least one month’s rent as a deposit, and depending on your credit, you could pay as much as first, last and a security deposit.

There may be move in and/or move out fees that you will be responsible for paying when you move into  a Midtown Atlanta Condominium rental. If you work with a real estate agent, they can help you determine if there are any such fees.

Expect your options to be more limited if you have a large dog. Some buildings have weight limits, while many have restrictions based on specific breeds of dogs. We can assist you in finding out this information not only in advance by you informing us, but by knowing many of the rules in the Midtown Atlanta Condominium Rental market.

Once your application is approved, the Listing Agent will prepare the lease agreement on behalf of the landlord they represent. You should review it closely for any rules and regulations regarding rent payments, fines and other rules that may apply to the specific condominium community. Additionally, you will want to complete a Move In-Move Out form which details the condition of the home when you move in. This form will again be used when you move out to determine if there is any damage or repairs that need to be done and may be taken out of your deposit.

For more information about how we can help you find the Midtown Atlanta Condominium that best meets your needs, please complete the Rental Questionnaire and we will contact you as soon as possible regarding your Midtown Atlanta rental needs.

Thom Abbott Midtown AtlantaFor More Information on how we can best serve your Midtown Atlanta Real Estate needs, please fill out the online contact form or call us at 770.713.1505.

We specialize in Condominium homes in Midtown Atlanta and other In Town areas of Atlanta. If you are planning to Buy or Sell real estate, let us help you explore all the possibilities available to you and help you find just the right home you will LOVE!

For a Quick Look at Midtown Atlanta Condominiums:

Midtown Atlanta High Rise Condominiums

Midtown Atlanta Mid Rise Condominiums

Perhaps you are interested in Historic Midtown? Take a look at Homes For Sale In Historic Midtown Atlanta

Thom Abbott

I'm a real estate broker living and selling the Midtown Atlanta lifestyle. From high rise condominiums to historic homes, I enjoy everything Midtown Atlanta has to offer. I'll help you find the right home in Midtown Atlanta or any of the other exciting Intown Atlanta communities that border the Midtown Area!

More Posts

Follow Me:
TwitterFacebookLinkedInPinterestGoogle PlusYouTube