Rent Saving Tips For College Students in Hyderabad

Looking for rental saving tips in Hyderabad? Well, we’ve heard that one before. Because once you move out of your hometown, you start counting money in a way you’ve never had to before. The bills keep piling up and so does your appetite for chill – and biryani – with your newfound circle. But don’t worry. We’re here to share a few tips to save money while you’re studying in the city of Nizams.

Cuz hey, we kinda know all about this i.e the hassles of moving into a new city. In fact, that’s what we do full-time, figure out ways to make that change easier for you with our Stanza Living residences. It’s why our co-living spaces cover all your household chores (like daily meals, cleaning your rooms and taking out your laundry). So you get plenty of extra time and mind space to settle down. And now, here’s some extra help to save on rentals too. For you to live like a Nizam on a commoner’s budget.

The Best Rent Saving Tips For College Students in Hyderabad

There you go! The best rental saving tips for college students in Hyderabad:

• Move Into A Cheaper Neighborhood
• Do Apartment Hunting In Off-Season
• Avoid Brokerage
• Get A Roomie
• Look For A Fully Furnished Flat And Prioritise Amenities
• Try Keeping The Rent Hike Low
• Referral Fees
• Save on Electricity
• Get The Security Deposit Back In Full

Looking for a place with yum customisable meals and daily housekeeping? Check out our residences in Hyderabad.

Move Into A Cheaper Neighborhood

Renting a place in a posh neighbourhood right in your first year is not a good idea. Maybe once you’re more settled down, and figure out a couple of side hustles to make cash, then sure. But until then, moving into a more student-friendly neighbourhood will make your life easier. The rent will be low and everything you’d need, like Xerox shops and public libraries, will be close by. Plus, staying close to your herd will help you. Especially when you need to copy someone’s assignment the night before the due date.

Do Apartment Hunting In Off-Season

Rent prices often fluctuate depending on the month you move in. Summers are generally more expensive due to loads of freshers migrating into the city. So as the demand for a good apartment increases, so does the rent. Basically, if it’s possible, book your flight tickets well ahead of time. And land a few weeks before the peak season starts. After that, you can couch-surf until you find an affordable place. Sounds good?

Avoid Brokerage

If you think hiring a broker is your only way to find rented accommodation in a city, then you’re prolly living inside a bubble, my fren. Because there are now more than a dozen online rental listing platforms where you can directly find a place without paying any brokerage fee. Basically, they work exactly like dating apps. You keep swiping until you find your perfect match. Except the stakes are higher and your decision involves a lot more commitment.

Get A Roomie

Living with a roommate means you save a lot on your monthly expenses. The rent gets split, grocery bills are divided, and you end up saving more on commuting i.e if you make your plans together. For example, you can drop your roomie at their coaching institute while you’re on your way to college. But to make sure your roomie is the right fit for you, do a vibe check with them before you move in together. For that, you can check if they laugh at the same meme. Or ask them for their Spotify playlist and see if it matches yours. Either should work.

Look For A Fully Furnished Flat And Prioritise Amenities

Sure, getting a fully furnished flat with more amenities might cost you more on the rent. But here’s the thing, you’d actually save more in the long run. Because you won’t have to make a budget for packing and moving when you shift. Or if the pre-existing AC stops working, your landlord will take that stress, not you. In short, moving into a furnished place is like investing in the future. Sure it’s not an NFT, but at least you don’t have to be an IITian to understand it.

Talk to the landlord – and read the agreement – properly

Got your eyes set on a pretty apartment? Wanna lock that in asap? Well, don’t. At least not before you scrutinise every nook and corner of the place. And talked to the landlord to avoid any hidden costs later. Because when it comes to your new home, you don’t want any weird surprises popping up every now and then. Like a rat infestation you had no idea about, or electric sockets that come out of the wall when you pull out your charger. Basically, anything that makes your hair rise like Goku from Dragon Ball Z.

Try Keeping The Rent Hike Low

If you live on rent, there are high chances your landlord will try increasing the rent after a point of time. That’s why it’s better to sign a rental agreement with a longer tenure period to avoid that hike. Or if that’s not possible, at least negotiate your way out from a hefty rent rise. And that’ll depend on how good your negotiation skills are. But if you have a roomie that’s one of those gifted folks who starts bargaining at 300 rupees for a 3000 rupee item, then your life’s sorted.

Referral Fees

Most managed accommodations and rental chains offer referral bonuses. That means, if you can convince a friend to move into one of their vacant rooms, or into your own room when you shift, they’ll pay some incentive. Now, isn’t that the easiest way to make cash? Second only to investing in NFTs (but only when you understand it like an IITian).

Save on Electricity

We know you have to keep the AC on during the summers. And charge your laptop, your tablet, your phone and etcetera, etcetera. That’s fine. But you gotta keep a check on your meter readings and check if any of your appliances are faulty and consuming more power than they should. Plus, when you note down those readings, make sure to calculate the energy charges and verify it with your landlord’s bill. Surefire way to avoid being scammed by your maybe-not-so-friendly neighbourhood landlord.

Get The Security Deposit Back In Full

Getting your security deposit back in full when you move out is the best feeling ever. But like every other desirable thing in life, you have to work towards it. How? You have to maintain your rented place well and keep damages to the minimum. So don’t hesitate to ask your friends at house parties not to turn the place upside down. Or better, just stop inviting folks who turn into apes after a cocktail or two. Apes together, no, no.

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