Finding an Apartment Project

For this project, you will need to decide what features are important to you for finding your first apartment. Imagine
yourself ready to move out of your parents house or away at college and needing a place to live. Where would you want
to be? What things do you need and want in an apartment? How much can you afford?

Background Answer these questions in complete sentences. Change your answers to bold or another color
1. Where do you want to live and why? (City/country, what state/area?)
I would want to live in New York City because I always dreamed of living in the city with people everywhere. And
theres always open opportunities in the city
2. Will you be living with a roommate, multiple roommates, or alone? Why?
yes ill be living with one other person because privacy is a big part on living, and having more then one person live
with you can get a bit crazy
3. What are the 5 most important features or amenities of an apartment for you? Use the PDF Apartment Checklist
for ideas and write 1 sentence for each to explain why it is important.
parking, with furniture or not, heat or air condition, washer or dryer, and

4. Find TWO apartments that meet many (or all) of your qualifications and fill out the information you can on this
table. http://www.zillow.com/homedetails/12330-83rd-Ave-Kew-Gardens-NY-11415/2107343142_zpid/
apartments.com, forrent.com
zillow.com or trulia.com just set filters to RENT
NOT rent.com (you need to make an account)
Search your college newspapers classifieds section too!

Qualificati
on
Apartment #1 NAME Apartment #2 - NAME
Location
59-17 Junction
Blvd Corona, NY 11368
11 Avenue at Port Imperial West New York, NJ
07093
Number of
Bedrooms
1 1
Number of
Bathrooms
1 1
Square
Footage
713 815
Rent
amount
1,400 2,455
Length of
lease
(month/ye
ar)

List
apartment
features
Air Conditioning: WINDOW
Range: Electric
Bathroom Details: Combined Shower &
Bathtub

Panoramic views of Manhattan
Stainless Steel appliances/Granite Counters
Bamboo flooring in LR & DR areas
Full size stackable washer/dryer in each home
State-of-the-art fitness center & yoga room

Security
deposit

Layout of
the
apartment


Pictures


Utilities
included
(water,
garbage,
electric,
heat, etc.)
Gas
Heat
Water
Trash Pickup

Air Conditioning
Alarm System
Broadband Internet Access
Cable or Satellite
Dishwasher
Furnished Available
Hardwood Floor
Internet Access
Patio or Balcony
Washer Dryer In Unit
Water Sewer and Trash

Parking
Pet
policies
Maximum amount 2 pets but 50$ extra per month
Other
costs

Other
interesting
informatio
n

Theatre room
Club room w/ Wi-Fi & catering kitchen
Children's playroom

Roommate
(s) or
1 roommate
Alone
5. Now compare your two options. Which one would you prefer to live in? Why did you decide on this apartment?
I choosed the first apartment the one thats in blvd, carona NY because its prices are less and it had more space and
normal features, not ones that I dont need.

6. Will you be able to afford this apartment?
a) Assume you earn the median salary for high school graduates working full time - $29,950 per year.
i. First, find your net income by multiplying your salary by 0.75 = __22462.5_____
ii. Then, find how much you will take home per month by dividing that number by 12 =
____1871.875______
iii. Next, find what you should spend for rent by multiplying that number by 0.30 = ___561.5625_____
iv. Is the rent for the apartment less than what you calculated in the line above? no
v. If yes is this a good idea? Why?
vi. If no could you afford the apartment with a roommate? I dont know if I could it depends
whether
b) Assume you have the average income of a full-time college student, which is $14,400 according to the
National Center for Educational Statistics.
i. First, find your net income by multiplying your income by 0.75 = __10,800_____
ii. Then, find how much you will take home per month by dividing that number by 12 =
___900_______
iii. Next, find what you should spend for rent by multiplying that number by 0.30 = ___3,000___
iv. Is the rent for the apartment less than what you calculated in the line above?
v. If yes is this a good idea? Why? Yes, and yes because the less the rent is the more I can save
vi. If no could you afford the apartment with a roommate?
c) Assume you make the median salary of a person in the career field youre interested in. Look up the salary
on https://www.bls.gov/ooh
i. First, find your net income by multiplying your salary by 0.75 = 71,240______
ii. Then, find how much you will take home per month by dividing that number by 12 =
__5,936.66________
iii. Next, find what you should spend for rent by multiplying that number by 0.30 = _1780.998_______
iv. Is the rent for the apartment less than what you calculated in the line above?
v. If yes is this a good idea? Why? No
vi. If no could you afford the apartment with a roommate? Yes I could, ig my romate had a good
career and saved money well