Plano Apartments Options Plentiful for Renters
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Posted On :
Aug-09-2010
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Article Word Count :
780
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Are you looking for a new apartment home in the Dallas / Fort Worth Metroplex? Have you selected the city of Plano as the next place to call home? With Plano being one of the most economically stable cities in the nation, the Plano apartment market also is one of the hottest in the nation as well.
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Are you looking for a new apartment home in the Dallas / Fort Worth Metroplex? Have you selected the city of Plano as the next place to call home? With Plano being one of the most economically stable cities in the nation, the Plano apartment market also is one of the hottest in the nation as well.
Searching for a new apartment home can be a daunting task. It can be time-consuming and expensive as well. This is especially true when the renter is looking for an apartment in a larger city with many options to choose from. If a renter is looking for apartment choices in Plano, for example, there are well over 100 individual apartment communities to choose from. These properties offer renters more than 30,000 individual units for lease. Each community has, on average, approximately 272 individual units. In 2009, these properties have collectively averaged an occupancy rate over 93% - one of the highest in the area. This high occupancy rate also indicates a really competitive landscape for Plano apartment communities. On average, one bedroom apartments rent for $861 per month in Plano. Likewise, two bedroom apartments have an average market rental rate of $1,156 and three bedroom floor plans’ rental rate averages to $1,361 per month. While these averages can assist renters with some baselines before beginning their apartment search, they are by far not indicative of the many options available for all budgets. For example, two bedroom apartment rents start as low as $611 per month and can go up as high as $4,195 per month.
In addition, because Plano is such a thriving area with a healthy economy, developers are adding new communities to the market every year. While having a robust selection of properties to choose from is great for renters, it also means that renters need to be well-organized before beginning their search. There are many important factors that renters will need to consider when embarking on their hunt for the perfect apartment. While location is typically the most important, there are also other factors that will directly impact the apartment community’s ability to be a good fit for the renter. These other factors include floor plan and layout, features and amenities of the community, and budget. For example, for the busy professional, communities that have an on-site business or fitness center may be a necessity. Over half of Plano apartments offer these two amenities. Business centers can be found at 73 of the apartment communities. Additionally, renters that require an on-site fitness center will find 74 apartment properties fit the bill. Likewise, for renters that will be having roommates, having multiple bathrooms or a split-level floor plan may be highly important. Because all these factors; location of the property, floor plan, and amenities, help to determine the rental rates for the apartment, every renter will also have different target rates. For some renters this targeted rate is more flexible than with others. Having the ability to review apartment communities based solely on any one of these specific factors will make the apartment hunt efficient and streamlined for the renter.
After selecting Plano apartments, prospective renters start the process of finding the apartment that best fits their needs. These needs will vary greatly for every renter based on their specific lists of wants and needs. From apartment size to budget to amenities, apartment searchers will still typically find several properties that may fit these criteria. Again, visiting each property without any prior research on the specifics of that property, such as amenities, lease rates, or floor plan options, can be tiring and an inefficient use of the prospective renter’s time. Considering this, many renters choose to seek out additional assistance in their process of narrowing down their list by taking advantage of the free services provided by an apartment locating firm. Texas’ largest apartment locating firm, UMoveFree, allows apartment searchers to register online to immediately access the most inclusive database of apartment listings available online. Additionally, the licensed real estate broker will personally assist the renter with their search for their next apartment home. The research conducted by the apartment locator will provide the renter important additional information such as current availability, leasing specials, and community reviews and information, in order to further assist in making the final decision. The assistance provided by an apartment locator saves the renter both time and hassle during their search for an apartment.
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Article Source :
http://www.articleseen.com/Article_Plano Apartments Options Plentiful for Renters_27691.aspx
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Author Resource :
Nick Barber is a licensed real estate broker and the President/CEO of UMoveFree; one of the largest apartment finding firms in the multi-family industry. Visit UMoveFree.com for more information on Plano Apartments. Need more information on Apartments in Plano or
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Category :
Finance
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Real Estate
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