Renting a home We've broken down the renting process into these easy to understand steps. Understanding what you can afford Renting a home involves more than paying the monthly rent. Follow along as we plan for the other potential costs you may experience. Preparing to rent Learn the steps involved in renting your next home to help make the process go smoothly. Finding the right home Finding the right home takes time. Learn how your budget and lifestyle will be an important part of deciding what type of home is right for you. Applying for a lease Learn the details of the leasing process so that you are prepared to move quickly when you find the right rental. Know before you sign Make sure you are ready for the responsibilities, aware of your rights and wary of rental scams.