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Lifestyle News

The Times of India

Lifestyle / The Times of India

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Hidden costs of renting that first-time tenants often miss

Getting your first rented apartment may be quite an exhilarating experience. However, many new renters quickly realize that the rent they pay per month is just one of the several expenses involved in living as a tenant. Apart from deposits and fees paid during moving into a new place, there are various other expenses that could prove to be a burden if you are not prepared well.As mentioned in a report by Press Information Bureau, a government portal, the upfront rental expenses such as security deposits, advance payments, and other fees have proven to be a serious financial concern for many renters especially those who are first-timers with little money saved. Following are some of the hidden expenses you need to be aware of as a renter.

2 Jul 2026 5:24 pm