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How to Decide on a Lease Length in Fishers

If you’re searching for a Fishers apartment, you have many decisions to make. Where do you want to reside? How much living area do you need? What features are you looking for? And most importantly, how long of a lease would you like?

Thankfully, it’s easy to decide lease length in Fishers by thinking about the positives and downsides of both short and long leases. Learn more about these leasing options and how to decide which is best for you.

Fishers model living room

Does a Short-Term Lease Make Sense?

Not sure you want to commit to a longer lease duration? A short-term contract will likely be better for you. These options are for fewer than six months. Leasing agreements of a single month are called month-to-month contracts, which means they expire and need to be extended by a certain time each month.

Short-term lease options offer Fishers Residents plenty of freedom because you aren’t tied down for more than a few months. You probably need a short-term rental when in the middle of a significant life change like starting a job in a different town. One more circumstance you could require a shorter rental is if you’ve sold your previous home but can’t move into your new one yet.

A primary downfall to shorter contracts is that they are likely to have a higher monthly rate. Additionally, short-term leases are less prevalent, so you might end up in an apartment that isn’t the best option just to get the lease length you desire.

Short leases are smart for people who know their living situation is temporary and have a plan in place for securing long-term accommodations.

Fishers model kitchen

Is a Long Lease Right for Me?

Many people who are trying to decide on lease length in Fishers choose a long lease. Long leases typically last between six months and a couple years and have a range of benefits.

Rent is typically less expensive. Longer lease terms are also more commonplace, so you have a greater chance of finding an apartment you enjoy when you’re willing to sign a long lease.

The drawback to a long lease is the firm commitment. You agreed to pay for a certain number of months. If your plans change, and you have to move out, you are likely to incur a hefty charge.

Fishers patio view

How Can I Decide on the Most Sensible Lease Length for Me in Fishers?

The best lease length for you accommodates your current situation as well as your housing demands in the future. You should answer the following questions to determine your needs and whether a short-term or long-term lease makes sense for you:

  • How many months do I plan to live in my apartment?

  • Can I afford higher rent for a few months?

  • Can I think of any reason why I might have to leave on little notice and break my lease?

  • In the event I was to break a long lease, can I pay the extra costs?

  • Do I need a place to stay temporarily, or am I looking for a place to settle down?

  • What are the chances I will find a month-to-month or short-term lease in Fishers?

  • Would I take something that isn’t my first choice in order to have the benefits of a short-term deal?

Get the Best Lease Length for You in Fishers

Whether you need a temporary rental while undergoing a major life event or a place to settle down and call home , The District at Saxony Apartment Homes has the right lease for you. Schedule an appointment with a knowledgeable leasing agent by dialing 317-576-3057 or by using the “schedule a tour” link.
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