4 Simple Tips For Finding Yourself The Perfect Place To Rent

Key Takeaways

For one reason or the other, not all of us can start off our independent living situations as home owners. In fact, the majority of young Canadians become renters long before they buy their first houses or condos. Rooming with friends, family members and/or love interests are all part of the plan for most people leaving the nest. But the majority of first-time renters often get hit with a hard reality: finding a place to live isn’t as easy as it may seem! Here are four simple tips for finding yourself the perfect place to rent:

Published on Jan 5, 2020 | Updated on Jul 22, 2025

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1. Hit the Pavement: Look for “For Rent” Signs in Your Target Neighbourhoods

While rental listing websites and apps are convenient, they don’t always show you the full picture. Some landlords still rely on good old-fashioned signs in windows or on lawns to advertise their vacancies. This is particularly true in smaller buildings or private homes where owners might want to avoid listing fees.

If you already know the area you want to live in—perhaps because it’s close to work, school, or transit hubs—take the time to walk or drive around the neighbourhood and keep an eye out for “For Rent” signs. This method offers a few hidden advantages:

  • You’ll get a feel for the area’s vibe, safety, and amenities.
  • You might discover smaller rental opportunities that aren’t advertised online.
  • You can inquire directly with landlords and potentially get ahead of other prospective tenants.

If you know the general area you’re interested in, take a stroll and keep an eye out for ‘For Rent’ signs. Not only will you get the jump on great units, but you’ll also learn where local shops, parks, and transit stops are.

This approach may feel “old school,” but in competitive rental markets, it can give you a critical edge.

2. Leverage the Expertise of a Real Estate Agent

If you’re short on time or overwhelmed by the sheer number of listings online, consider bringing in a professional. Many people assume real estate agents are only for buyers, but in Canada, agents can also assist renters—often at no cost to you.

Here’s why this option makes sense:

  • Agents often have access to rental listings that aren’t publicly advertised.
  • They can save you hours by filtering out units that don’t meet your criteria.
  • They handle communication and schedule viewings, which is especially helpful if you’re moving to a new city.

Toronto renter Ben Singer said that he swears by the agent who found him his rental. “They did all the legwork, and I didn’t have to pay a penny—the fees are paid by whoever’s renting out the unit,” he explained. “They can filter out a lot of stuff and save you time.”

If you’re moving to a competitive rental market like Toronto, Vancouver, or Montreal, an agent could be your secret weapon.

3. Tap Into Your Network for Referrals and Recommendations

In today’s world, word-of-mouth is more powerful than ever. Before making any major decision, people turn to friends, family, and even online communities for trusted recommendations—and finding a rental is no exception.

Here’s how to use referrals effectively:

  • Ask around: Let your network know you’re looking. Friends and coworkers might hear about vacancies before they hit the market.
  • Check community boards: Many neighbourhoods and local businesses have bulletin boards with postings for rentals.
  • Search online groups: Facebook groups, Reddit threads, and platforms like Nextdoor often have rental leads shared by locals.
  • Read reviews: If you’re considering a rental company or property management firm, check Google and Yelp reviews for red flags.

Not only does this strategy give you leads, but it also offers valuable insights into what living in a particular building or neighbourhood is really like.

4. Look for Landlords Who Offer Flexible Payment Options

Even after finding the perfect place, managing rental payments can sometimes be stressful—especially for first-time renters. One way to make life easier is to prioritize landlords who offer modern, flexible payment solutions.

For example, landlords who are SingleKey customers provide tenants with unique benefits, including:

  • Payment flexibility: Need to postpone your rent for a month? SingleKey makes it possible.
  • Multiple payment methods: Choose between cheque, Interac, or other convenient options.
  • No extra cost to you: The landlord covers the monthly fee for the service.

This kind of flexibility can be a game-changer if you’re navigating unpredictable cash flow or transitioning into a new job.

Additional Tips for First-Time Renters

To take your rental search to the next level, consider these bonus strategies:

Understand Your Budget (and Stick to It)

Before you start looking, calculate how much you can realistically afford. Most financial experts recommend spending no more than 30% of your monthly income on rent. Don’t forget to factor in utilities, internet, renters’ insurance, and moving costs.

Know Your Rights as a Tenant

In Canada, each province has its own tenancy laws that protect renters. Familiarize yourself with your rights regarding security deposits, eviction notices, and rent increases. Visit your provincial housing authority’s website for up-to-date information.

Prepare Your Rental Application in Advance

In hot markets, rentals can get snapped up in hours. Have these documents ready to move fast:

  • Photo ID
  • Proof of income (pay stubs, employment letter)
  • References from past landlords or employers
  • Credit report (many landlords request this upfront)

Final Thoughts

Finding the perfect rental takes patience, persistence, and a proactive approach. Whether you’re pounding the pavement to spot hidden gems, leveraging a real estate agent’s expertise, or tapping into your social network for leads, these strategies can help you avoid common missteps and land a home you’ll love.

And once you’ve secured your dream space, don’t forget to look for landlords who offer modern perks like SingleKey—because stress-free renting isn’t just about finding the right place, it’s about finding the right partnership.

With these tips, you’re well on your way to making your next move a smart and satisfying one.

Frequently Asked Questions

A common rule of thumb is to spend no more than 30% of your gross monthly income on housing. However, this varies depending on the city. In Toronto or Vancouver, rents can be higher, so it’s important to account for utilities, internet, renters’ insurance, and other living costs.

Most landlords will ask for:

  • Government-issued photo ID
  • Proof of income (recent pay stubs or an employment letter)
  • References from previous landlords or employers
  • A credit report

Having these ready can help you secure a rental quickly in competitive markets.

Yes, most provinces allow landlords to require a security deposit. The rules vary: in Ontario, it’s typically one month’s rent, while in British Columbia, it’s limited to half a month’s rent. Always check your province’s tenancy laws.

In most cases, yes. Real estate agents are paid a commission by the landlord or property owner when they successfully rent out a unit. You should confirm this upfront to avoid surprises.

Spring and summer tend to have the most inventory, but competition is also higher. If you’re looking for lower rents, consider moving in the winter months when demand drops.

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