Cagayan de Oro (CDO) is one of the country’s fastest-growing cities, and for good reason. Its ideal location makes it the perfect gateway to Northern Mindanao. It also has the kind of vibrancy that makes it the perfect place to be named the regional center and business hub of Northern Mindanao. It abounds not only in business, educational, and residential opportunities, but also tourist attractions. With all of these advantages, it is easy to understand why more and more people have chosen to study and/or work in the city; some have even chosen to stay here for good.
If you’re one of those people who have chosen to make Cagayan de Oro their home for at least a few years, then you’re probably on the lookout for a good place to live in while you’re here. The good news is that there are plenty of decent apartments and condo units for rent in the city. But even so, the process of looking for the right place to live in can still be quite stressful, as there are so many things you need to consider. Fortunately, there are steps you can take to ease the stress somehow.
Apartment for Rent Cagayan de Oro City—Finding the Right One
You can’t just hop on a bus or plane and then expect to find the apartment for rent Cagayan de Oro City that best suits your needs the moment you arrive in the city. The chance of that happening is very slim; you’ll have to be uncannily lucky. Rather than relying on pure luck, it’s best for you to heed the following tips:
1. Set a budget
Take the time to sit down and take stock of your finances. Be realistic in determining how much you can afford to pay towards rent. Remember to take into account the fact that most apartment owners require one month advanced payment as well as one month deposit. This means you may have to cut back on your other expenses at least for the meantime, since moving to a new apartment entails some extra costs.
Remember as well that an apartment rental is a monthly obligation, so you need to make sure you earn enough each month to cover the rent and your other regular expenses. As a general rule, apartment rental should constitute no more than 30% of your monthly income.
2. Make a list of what you’re looking for
It helps to have a clear idea of what you want in an apartment and to put everything in writing so you won’t forget anything when you check out a particular unit. Are you looking for a place within walking distance from your workplace (or school, if you’re a student)? Are you looking for a place where you’re allowed to do your laundry? Are you looking for a place with 24/7 security? Are you looking for a place where pets are allowed? No matter how weird or insignificant a certain detail may seem, write it down so you won’t forget to ask about it when you talk to the apartment owner.
3. Inspect the place thoroughly
Whenever you enter a particular unit to check it out, it’s not enough to go for a quick tour and give the place a once-over. There are many things you’re likely not to notice unless you give the place a thorough inspection. Turn light switches and faucets on to see if they all work as they should. Check every corner of the place, especially the ones that are hardest to reach. Any sign of rat poop means the place is infested. You may also want to check the locks on all windows and doors as well as the pipes to make sure there is no damage anywhere.
4. Carefully consider the rental terms
When you’ve found the perfect place to stay and are ready to talk to the owner about rental terms, be sure to ask not just about the amount of monthly rent, but also about important details such as the cost of utilities. Are the monthly bills for electricity and water included in the rent? If not, ask if you’ll receive a separate bill or if you have to share the cost with the other tenants. If the cost is shared, ask what the average monthly cost is.
You may also want to ask if there’s Internet connection and if you have to pay extra for it. There are also apartment owners who charge extra fees when you let family and friends stay with you for a few days. It helps to ask about such details before you sign an agreement. In fact, it’s a good idea to ask any question you may have, no matter how seemingly pointless. You don’t want to have unpleasant surprises thrown at you after you’ve signed a contract, do you?
5. Consider the area’s safety
There’s no question about it. Your safety is of utmost importance. It should therefore be among your most important considerations when you hunt for an apartment to rent during your stay here in CDO. No matter how conveniently near the apartment is to your workplace or school, if it is in a generally unsafe neighborhood, you’d do well to look someplace else. Of course, you can’t expect the landlord to tell you that his apartment is in an unsafe neighborhood. So rather than asking him, a better option would be to ask family and friends where the safest neighborhoods in the city are.
Even in a bustling city like Cagayan de Oro where residential opportunities abound, it can be a bit difficult to find the right apartment to rent. But if you follow the above tips, the process should become significantly easier for you. Happy hunting!