At Landmark, I often get asked the question, “when is the ideal leasing season?” Most Americans move between May and September. This is predictable, when you think about the fact that young people start or graduate from college, younger kids are out of school, and the weather is overall more accommodating to move from one location to another.
Because of this, there is more turnover in rental units during this time of the year as compared to most any other time of the year- which means you have a wider selection to choose from than any other time of the year.
The flip side is that there may also be greater demand from renters vying for those rental units during the summer than at other times of the year. This may mean that you have to act more quickly in making a decision about a rental so as not to lose it to another interested renter.
If you’ve got the flexibility, winter could be the best time of year for a move. Following the busy holiday season when most people are tuckered out (and their bank accounts are running low), fewer renters make a move. Because demand for apartments is lower, you may find a hot deal on rent during the cooler months.