Many people rent because it is less expensive and more flexible than owning a house, Curci says. They might prefer to live near work or family, for example. Renting also gives them the ability to move to a new area when their jobs or family changes, she adds.

Rental apartments often have amenities that a home can’t, such as on-site staff and laundry rooms. In some cases, the cost of utilities — like electricity and gas — is included in the rent. However, this isn’t always the case, so it’s best to ask.

A rental can also come with perks, such as access to a pool, gym or outdoor space. In some cases, renters are required to pay a monthly fee for such perks or can pay extra for them.

A Guide to Finding Rental Apartments in Your Area

When searching for an apartment, applicants should be prepared to go through a screening process, including submitting financial information and a credit check. Landlords are often looking for tenants who are stable and able to make payments. In addition, landlords might require references from previous landlords or other reputable individuals who can vouch for a person’s reliability and character.