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Some Landlords will negotiate your rent payment requirements which is what your Realtor will help you with. It is extremely important to tell your Realtor exactly how much money you have for the relocation prior to searching. This way they can help you find a rental that will cooperate with your financial situation.
Typically, you will need to have have first month, last month, and security deposit which is usually equal to one month rent. So in essence, three months worth of rent should be in your bank before you start looking.
Additional funds may be needed to cover the application fee, credit and background check and any other miscellaneous fees that may be associated to your rental terms such as a pet deposit.
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