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How To Decide On A Lease Length In Westfield

October 27, 2020

Patio view in Westfield apartment

If you have started the search for a Westfield apartment, you have a multitude of choices to consider. In what neighborhood would you like to live? How much square footage would you like? What amenities do you require? And of course, what lease duration would you like?

Thankfully, it’s easy to decide lease length in Westfield by thinking about the positives and downsides of short and lengthier leases. Learn more about these two types of leases and how to determine which is right for you. 

Westfield model living room
 

Is A Short Lease Best for Me?

Are you hesitant to agree to a longer lease duration? A short lease will likely work for you. These options are for one to six months. Short leases of a single month are typically referred to as month-to-month contracts, since they run out and have to be renewed by a certain time each month.

Short-term lease options offer Westfield renters a temporary solution since you aren’t under contract for very long. You could be interested in a short-term rental like this if you are facing a major change in your life like beginning a new job in another state. One more circumstance you could benefit from a shorter rental is when you have sold your previous home but the new home is still being finalized.

A primary downfall to shorter contracts is that they are usually more expensive per month. On top of that, short-term leases are more difficult to find, so you might have to settle for a location that isn’t the best option just to find the lease duration you desire.

Short-term options are smart for Residents who seek a temporary residence and have already started the process for acquiring long-term accommodations.

Westfield model kitchen
 

Is A Long Lease Right For Me?

Many people who are trying to decide on lease length in Westfield go with longer terms. These options typically last six months to two years and have many advantages.

Rent is likely to be more budget friendly. Long leases are also easier to find, so you can expect to locate a place you prefer when you’re receptive to longer leases.

The drawback to longer leases is the firm commitment. You are in agreement for a certain number of months. When life takes an unexpected turn, and you have to move out, you can expect to pay a hefty charge.

Westfield patio view
 

What Should I Do To Decide On The Best Lease Length for Me In Westfield?

The smartest lease option for you accommodates your current situation as well as your future plans. You should answer the following questions to identify your needs and whether a short-term or long-term lease works best for you:

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

  • How much can I afford for a short-term rental?

  • Can I think of any reason why I could need to relocate quickly and cut the lease short?

  • In the unlikely scenario where I have to break a long lease, can I afford the fees?

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

  • Can I get a short lease in Westfield?

  • Would I accept a less ideal location in order to have the benefits of a short-term deal?

Get The Best Lease Length For You In Westfield

Whether you need a temporary rental while making an exciting change in your life or a place to settle down and call home , Harmony Apartment Homes has the right lease for you. Schedule an appointment with a friendly member of our team by placing a call to (317) 795-0224 or by using the “schedule a tour” link.