If you are renting in Guam for the first time, it can feel like a lot to navigate. From setting a budget to understanding applications and leases, there are many moving parts. Whether you are relocating from off-island or looking for your first rental locally, knowing the process will save you stress and make you a stronger applicant.
This guide breaks down the key steps to renting in Guam, with practical tips and examples so you can move forward with confidence.
Step 1: Set a Realistic Budget
Before you start looking at listings, it helps to know what you can comfortably afford. A good rule of thumb is to keep your rent at or below one-third of your gross monthly household income. Landlords often use this same guideline when reviewing applications.
For example, if your household income is $4,500 per month, you should aim for a rental around $1,500 per month or less. On top of that, you will need to budget for a security deposit, which is usually equal to one month of rent. In this example, that would mean an additional $1,500 at move-in, plus any utility deposits or pet deposits.
Setting your budget early not only keeps you financially secure, it also shows landlords that you are a serious and qualified renter.
Step 2: Connect with a Real Estate Agent
Working with a local REALTOR® makes your search easier and safer. I can help you spot red flags, avoid outdated listings, and guide you toward neighborhoods that fit your lifestyle. Just like in home buying, rental properties in Guam can move quickly, so I also help clients put together competitive offers to stand out.
Step 3: Understand the Rental Application Process
Once you find a home you want to apply for, the landlord will require an application. Here’s what to expect:
- References: Landlords want tenants who are responsible and respectful.
- Proof of income: You will need to provide your two most recent pay stubs or a Verification of Employment (VOE).
- Identification: A valid ID is required with your application.
- Application submission: All of these documents are submitted as part of your rental offer.
If you have pets, keep in mind that pet-friendly rentals are limited and usually require an additional deposit.
Step 4: Schedule a Private Showing
When you find a rental that checks your boxes, schedule a private showing to see it in person. If you are off-island, a virtual tour can usually be set up. During your visit, pay attention to details that affect daily life:
- Air conditioning units
- Water pressure and plumbing
- Appliance condition
- Parking availability
- Yard or outdoor space (and whether upkeep is your responsibility)
- General maintenance of the home
A showing is your chance to make sure the property truly meets your needs before moving forward.
Step 5: Submit a Lease Offer and Finalize the Agreement
Once you’ve found a home you love and are ready to move forward, your agent will draft a lease agreement for you. You’ll have a chance to review it carefully and sign before it’s submitted.
After you sign, the lease agreement and your application package are sent to the listing agent, who will present it to the landlord. The landlord can approve it as-is or request changes before finalizing.
At that point, the lease becomes official, and you’ll want to double-check the details, such as:
- Renewal, early termination, and deposit refund terms
- Monthly rent and due date
- Lease length, usually one year or longer
- Pet and guest policies
- Responsibility for utilities and maintenance
Step 6: Prepare for Move-In
Before you settle into your new rental, you will need to:
- Transfer and set up utilities in your name (power, water, internet, and possibly gas)
- Complete a move-in inspection checklist
- Take photos of any pre-existing damage to protect yourself at move-out
Once everything is in place, you can move in and truly make the space yours.
Extra Tips for First-Time Renting in Guam
- Start your search early if you have pets
- Clarify what is included in rent, such as water or trash
- Keep your paperwork ready and organized
- Be honest and thorough on your application
Need Help Renting in Guam?
Renting in Guam doesn’t have to be stressful. I can help you search, write a competitive offer, and guide you through every step from application to move-in. Whether you are on-island or planning a move, I will make the process smoother and less stressful. I’m your homegirl.
