The last recorded rental vacancy rate for Dallas was 8.76%, meaning you should have your pick of places if you're looking for an apartment in Preston Hollow. However, the market can go fast since it's so competitive, meaning people often feel rushed to commit.

You shouldn't though. When viewing apartments for rent in Preston Hollow, you should bear a few common mistakes in mind to make sure you don't make them and, as a result, find the best property for you.

Let's take a look at those mistakes.

1. Not Being Realistic With Prices

The average rent for a two-bedroom apartment in Dallas right now is around $2100. It's been skyrocketing in the past few years and just keeps climbing, which means people are often surprised by rent when they start to look for an apartment — particularly if they haven't in a while.

You should make sure the apartment you rent is within your budget but if you have a list of must-haves, you should be realistic about how much you'll have to pay. Turning down a dream apartment because of the money and then finding out that was a pretty average price could be a blow later!

2. Not Checking Out the Neighborhood

Viewing an apartment is an exciting time, but it's not just the apartment itself you need to consider. You need to make sure the location is convenient too and take a walk around the neighborhood to ensure you're renting an apartment in the right place.

Preston Hollow is a wonderful place to live but even with a neighborhood you've researched, it's still important to experience it for yourself. Some parts of the neighborhood are different from others and each will suit a different individual, so make sure it's right for you.

3. Failing to Read the Lease Carefully

When renting an apartment, you need to ensure you read the lease carefully. It can be such a relief to get to the end of apartment hunting that many people fail to make sure they've gone through the paperwork thoroughly, signing it after a skim because they're just happy they found a great place.

You need to note all details on the lease, including:

• The bills you're responsible for and what the place includes
• If you're allowed pets and if yes, how many and how much the fee is
• The start and end dates of the lease
• If there's a charge for a parking spot

If you do this before signing, you'll set yourself up for a good relationship with your landlord and reasonable expectations of your time at that property.

Don't Make These Mistakes When Viewing Apartments for Rent in Preston Hollow

This neighborhood is a great place to live but when viewing apartments for rent in Preston Hollow, you need to be sure you're finding the right match. Avoid making these mistakes — read the lease properly, be realistic with prices, and check out the neighborhood before committing.

Looking for a luxury apartment in Preston Hollow, Dallas? Check out The Fountains today and contact us if you have any questions. We'll find you your dream place.