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5 Important Things to Consider Before Renting Apartments in Guam

Things To Consider Before Taking Guam Apartments For Rent

If you’re considering renting an apartment in Guam, there are several key factors to keep in mind before making a commitment. From location to budget, there are many things to consider to ensure that you find the perfect home in Guam. In this article, we will explore five of the most important things to consider before renting an apartment in Guam. Whether you’re a local resident or a newcomer to the island, these tips will help you make an informed decision and find the perfect place to call home.

The Cost of Living in Guam

Guam is known for having a relatively high cost of living compared to other states and territories in the US. According to the US Department of Housing and Urban Development (HUD), the Fair Market Rent in Guam for a 2-bedroom house for rent is $1,578 per month, which is significantly higher than the national average of $1,164 for the same size apartment. However, if you’re looking for a tropical paradise with beautiful beaches, a rich culture, and a laid-back lifestyle, renting an apartment in Guam may be worth the high price for you. Keep in mind that around 15% of Americans are eligible for housing assistance, and there are around 23,904 people in Guam who could be receiving housing benefits from the HUD. The rental price on Guam is primarily driven by the military Overseas Housing Allowance (OHA) which as of recently was $2,205 per month. 

Location of the Apartment

When it comes to renting an apartment, location is key. Guam isn’t a particularly large island, but there are still plenty of apartments to choose from, each with its own unique vibe. Consider whether you prefer being closer to the business hubs like Tamuning and Agana, or if you prefer to live a more quiet and scenic life possibly in the South.  Research the different neighborhoods and their proximity to your workplace or school to find an apartment that is conveniently located for you. Keep in mind Guam is small so the commutes are much faster than that of in the mainland US.

Lifestyle Needs

Your lifestyle needs are an important consideration when searching for apartments in Guam. Do you enjoy being near the beach, or would you prefer a neighborhood with plenty of restaurants and nightlife? Whatever your preferences may be, finding an apartment in an area that suits your lifestyle needs will make your new home feel like a perfect fit. Take the time to research the amenities and attractions nearby, and you’ll be able to make an informed decision on where to call home.

Apartment Amenities

Checking the amenities of apartments in Guam is crucial when it comes to finding the right one for you. You want to make sure that the apartment has everything you need to live comfortably, and that it fits your lifestyle needs. The amenities can vary greatly from apartment to apartment, so taking the time to research and compare what’s available is important. Does the apartment have air conditioning, a full kitchen, or laundry facilities? What about extras like a pool or gym? Make sure the apartments you choose have the amenities that will make it feel like home.

Landlord or Property Management Company

Lastly, when searching for apartments in Guam, it’s crucial to check the landlord or property management company that you’ll be dealing with. Your landlord will be your primary point of contact throughout your lease, so it’s important that you have a positive and responsive relationship with them. Make sure that the landlord or property management company has a good reputation and is responsive to tenant needs. Check online reviews to get a sense of how they treat their tenants. A responsive landlord will be able to address any issues you have quickly and effectively, ensuring that your living situation is comfortable and enjoyable.

Conclusion

Renting an apartment in Guam can be an exciting and rewarding experience, as long as you take the time to consider these important factors before signing a lease. By keeping these tips in mind, you’ll be able to find the perfect apartment in Guam that suits your budget, lifestyle, and needs.

Looking for an apartment to rent or buy can be a daunting task, especially if you’re not familiar with the area. But don’t worry, Ellen’s Realty is here to help!

Our team of experienced agents has a wealth of knowledge about the real estate market and can help guide you through the entire process. We take the time to understand your needs and preferences, and we work tirelessly to find you the perfect apartment that meets all of your requirements.

If you’re looking to rent, we have a wide range of apartments available in various locations across the area. We’ll work with you to find an apartment that fits your budget and lifestyle needs. We’ll also make sure that the leasing process is as smooth and stress-free as possible.

If you’re in the market to buy, we can help you find the perfect apartment that fits your lifestyle and budget. Our agents will guide you through the home buying process, from searching for the right property to negotiating the best deal. We’ll make sure that you find the apartment of your dreams, and we’ll be there to help you every step of the way.

So why not let Ellen’s Realty help you find the perfect apartment? Contact us today to schedule a consultation and let us help you find the perfect home.