9 Easy Steps to Move Out of Your Parents' House

Posted by: TheGuarantors on December 7, 2021

Congratulations on taking your first step towards adulting! Moving out of your parents' house can be both liberating and terrifying. Let us make this process a bit easier with nine tips on how to move out of your parents' house.

1. Make sure you're moving out for the right reasons

Moving out of your parents' house is a big deal, no matter where you decide to go. However, before you make this life-changing decision, here is a list of questions you should ask yourself:

  • Are you financially ready to take on the responsibility of paying your rent and bills?
  • Do you respond well to new challenges?
  • Do you want to explore friendships and experiences that aren't accessible to you in your current living situation?
  • Are you tired of the boundaries your parents have set for you?

If your answer to any of the above questions is yes, then maybe it's time for you to move out.

However, things aren't always that simple. Consider taking some more time to make this decision if:

  • Peer pressure is the driving force behind your desire to move out.
  • You can't afford to move out.
  • You're just temporarily annoyed with your family.

Related: A First Time Renter's Guide: Subletting In NYC During the Holidays

2. Figure out your budget

How to calculate your budget

Every guide to moving out of your parents' house will tell you that money is the most significant deciding factor in your decision. The very act of moving out will cost you money. From transporting your belongings to paying your security deposit, there are a lot of additional expenses. This cost will be even higher if you're moving to a new state.

Renting an apartment also requires you to submit to a thorough examination of your financial situation. Did you know that property managers review your credit history to determine whether or not you'll be able to keep up with the rent? When you move into your new apartment, you are expected to pay your rent and all other bills on time every month.

Although this isn't the fun part of moving out, getting a better understanding of your budget is a smart thing to do.

Expenses are classified into two types: fixed and variable. Fixed expenses are the same every month while variable expenses fluctuate from one month to the next. Determine how much you can spend on each type of expense based on your current or future income before you decide to move out for the first time.

3. Have an emergency fund

When people move out for the first time, they're often unaware of how much money they will actually need as a renter. You end up broke even if you think you have enough money to live on your own. Experts say that having an emergency fund worth a few months of living expenses can save you from a lot of money troubles once you have your own place. Calculate how much you will need to live every month when you move out and multiply it by 4. That is the amount you should have saved before you make your move.

4. Start searching for a place to live

Moving out for the first time

The best part of moving out is, obviously, apartment hunting! Start by making a list of all the things that you need in your apartment. Then, you can match it to an apartment you can afford.

Keep in mind that your rent may not be the only expense you'll be making on your apartment. Maintenance charges and other utilities can be added on by the property owner too.

The next question that should come to mind is whether or not you want to share your apartment with a roommate. If you're renting in a city known for its high living costs, you might want to consider living with roommates. This can reduce your rent by more than 50%.

Once you've zeroed in on a few apartments, you can start applying to them. Make sure to get your apartment application materials ready beforehand.

Related: What's the Difference Between a Condo, a Townhouse, and an Apartment?

5. Decide how you'll fund your move

Another thing to keep in mind, property managers ask for at least the first month's rent plus a security deposit when you sign a lease. In some locations, you may be required to get help from a broker, for which you will have to pay an additional fee. Additionally, you'll most likely need to furnish the apartment with necessities such as furniture, cookware, and other supplies. Take the time to figure out how much relocating will cost you, and make sure you have your finances set before making any decisions.

6. Create a moving checklist

Yes, all this preparation before moving out is quite exhausting! This is the only way you can ensure a hassle-free living experience in your new apartment. Making a checklist of all the essentials you will need in your apartment will make the moving out process easier.

Here's a non-exhaustive moving out of your parents' house checklist that can help you out:

  • Bed (including sheets, a frame, mattress, pillows, etc.)
  • Clothes storage (hangers, dressers, etc.)
  • Furniture for the living room (sofa, chairs, table, etc.)
  • Bathroom essentials (cleaning supplies, toilet paper, towels, shower curtain, plunger, and hand soap)
  • Kitchen essentials (cookware, food, and cleaning supplies)
  • Laundry supplies

7. Learn how to adult

Living with your parents as an adult can be an amazing learning opportunity. While growing up, you may not have realized how much your parents were doing without you knowing. The little things like cleaning the house, unclogging the toilet, or even getting insurance can seem challenging when you're moving out for the first time. Learn from the adults in your life while you're still living with them so you can be confident you know what you're doing when you do move out!

8. Make the move

Take your first steps towards moving out

Well, the moment you've been waiting for has finally arrived! It's time to pack your bags and take your first step towards leading a more grown-up life.

When it comes to packing, you need to ensure that everything is secure. Making sure your belongings are properly packed will help you avoid bad experiences like opening a box of broken glasses or dead plants.

You don't necessarily have to pack everything by yourself. Don't hesitate to ask for help from friends and family if you need it. It will make your moving out process easier and a lot more fun.

If you're moving far away or have a lot of belongings to transport, you should consider enlisting help from a moving company. Make sure to check them out ahead of time or ask for recommendations from family and friends.

Related: 4 Simple Steps To Identify And Protect Yourself From Rental Fraud

9. Set up your home

Setting up your home

Ideally, you should have some of your apartment essentials like Wi-Fi, electricity, and heating set up before you move in. Besides that, make sure that you have everything you need in your new apartment for a comfortable living experience. Spend some time getting used to your new surroundings. Go out and explore your neighborhood, walk around town, and talk to your neighbors.

Moving out is nerve-wracking! The only way to calm your nerves before taking the big step is to be prepared. Take the time to make sure you're financially and emotionally ready to make the most of your new experiences.

Have you found the perfect apartment but are unable to find a guarantor? Check out The Guarantors for a lease guarantee and get that dream apartment of yours!