Landlords who are trying to decide what they should charge for rent need to consider several things. The first is the market, over which we have no control. Rental values are driven by the current real estate market and the amount that tenants are willing to pay. You may have the most desirable property in Champaign-Urbana, but if it’s priced too high, no one will want to rent it.
If you’re a student at the University of Illinois, you may be thinking about renting an apartment for the semester, the school year, and maybe even longer. Understanding where to live and how to navigate the leasing requirements and the rental application can be a challenge. Once you get past that stage, you still have to wrap your head around the lease agreement and what it means for you as a tenant.