Find a place to live

In order to rent a place, a landlord may request ...

• that you own a car

• references and/or a credit check

• medical history

• All of the above

When you start off renting a place, most of the time the owner will only require the first month’s rent and no other money.

• True

• False

A security deposit is money that your landlord holds in case you break your lease or damage the apartment. What is the typical security deposit amount owed when you sign a new lease agreement?

• 6 months' rent

• 2 to 4 months' rent

• 1 to 2 months’ rent

• Prepay for a year

An application fee is intended to cover the cost of ​ …​

• a credit and background check

• pet deposit

• cleaning your apartment

• utility bills

An application fee is …

• refundable

• not refundable

You make $47,476 per year. You want to find an apartment to rent. It is recommended to spend no more than 28% on rent.

Estimate how much you can afford to pay for rent each month.

• $1,107.77

• $1,107.78

• $3,956.33

• $3,956.34

You make $37,200 per year. You want to find an apartment to rent. It is recommended to spend no more than 28% on rent.

Estimate how much you can afford to pay for rent each month.

• $867

• $868

• $3,100

• $3,101

You are moving into a new apartment with a monthly rent of $910.

You pay a $175 application deposit, a $35 fee for a credit report check,

and a security deposit equal to one month’s rent.

The landlord also requires the last month’s rent at the time of signing the lease. How much will all of these moving costs be combined?

• $2,020

• $2,030

• $2,040

• $2,050

You are moving into a new apartment. You pay a $325 application deposit for an apartment whose monthly rent is $999. As part of the application process, you are required to pay a $52 fee for a credit report check and pay a security deposit equal to one month’s rent. The landlord also requires the last month’s rent at the time of signing the lease.

How much will all of these moving costs be combined?

• $2,360

• $2,365

• $2,370

• $2,375

All of the following are types of utilities that you may have to budget for EXCEPT …

• Electric

• Water/Sewer

• Gas

• Rent