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September 18, 2024

How AI can help you with apartment hunting

Apartment hunting in today’s housing market can be a real challenge, especially with rising prices and fierce competition. The process can quickly become overwhelming and leave you wondering where to start or how to keep up with the latest listings. Thankfully, generative AI technology can step in to simplify your search. By leveraging AI-powered tools and apps, you can navigate the complexities of apartment hunting with greater efficiency. Here’s how to use AI to find the perfect place without breaking a sweat.

Yellow apartment building

What is generative AI?

Generative and conversational AI tools have the power to create content or hold a conversation using natural language processing (NLP), or the ability to interpret, comprehend, and respond to human language. While that technology may not sound like it applies to apartment hunting, many online renting apps and platforms use AI to help customers find their next home.

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Using NLP and machine learning (ML), AI-powered real estate apps and sites can look for apartments and neighborhoods that fit any parameters. Input what you’re looking for, such as price range, amenities, number of bedrooms, and general location, and the AI models will scan their wide databases of apartments to find suitable options for you.

Find the right neighborhood

AI can look at aggregate data from across the web, including school ratings, average household income, and user reviews, to provide a comprehensive overview of different neighborhoods. For example, ask AI to “compare the cost of living in San Diego vs. San Francisco,” and the tool will compare factors like housing costs, transportation, groceries, utilities, and overall living expenses between the two cities.

Calculate your commute

For many modern commuters, finding an apartment that’s close to their workplace is a top priority. Use an AI tool with a mapping application programming interface (API) to look at your commute and calculate the best way to get from work to a potential apartment.

Mapping apps can also help you locate nearby amenities by searching for things like “Japanese restaurants near me.” Some real estate apps also have mapping capabilities and use color-coded maps to show users the price range of apartments in differnet areas. AI can also filter out apartments by location and plot them on a map.

Negotiate a fair rent price

Using predictive capabilities, AI can provide suggestions around negotiating a fair rent price with your landlord. AI will examine its database of knowledge and look at current market trends and historical rent prices to give you a fair price range to use in your negotiations.

Lastly, thanks to its conversational capabilities, generative AI can simulate a negotiation between you and your landlord so you can practice for the real thing. If you’re making your offer in an email, ask AI to look at your writing before you hit “send.”

With AI by your side, finding the perfect apartment doesn’t have to be a stressful ordeal. Let technology do the heavy lifting so you can focus on what truly matters: settling into your new home. Learn more ways you can use AI in your new apartment and everyday life.

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