How Much Does It Cost To Move Into An Apartment In Indianapolis?

February 07, 2024

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If you’re moving into an apartment in Indianapolis for the initial time, or if it’s been some time since you moved, you might be thinking about how much money you’ll need. You know you have to pay the first month’s rent, but what other expenses should you consider? Review the kinds of fees you’ll likely find and get a better understanding of how much it costs to move into an apartment in Indianapolis.

What Fees Will You Pay The Apartment Community In Indianapolis?

Swimming pool with deck seating at apartment community

Along with rent, you will probably encounter some additional fees prior to your relocation. Don’t worry. It will all be worth it when you get to use the fantastic amenities like the fitness center, swimming pool, and WiFi-equipped clubhouse. Regardless, it’s smart to plan ahead of time and make sure you have enough saved.

Security deposit: This standard charge is intended to make sure you follow the conditions of your leasing agreement and may be used to offset damages beyond usual wear and tear. Remember that security deposits will vary per property. Fortunately, security deposits in Indianapolis are frequently refundable, subject to an evaluation of the apartment at the termination of your lease.

Application fee: This is a non-reimbursable administrative fee to be used for background screening and processing charges to initiate a new rental contract. While it won’t set you back much, you still need to budget for it and understand that the fee can vary greatly.

Pet Costs: If you plan to have a furry companion, you’ll most likely need to pay an initial pet fee, a monthly charge, or both. This reimburses the community if they have to repair or replace damaged elements like doors or carpeting.

Contact the apartment community to determine the exact amount you’ll require for the application and costs connected to pets. The security deposit might not be set until you submit an application.

Don’t Forget About Moving Costs And Utilities

Kitchen and living room of open-concept apartment

If you’re moving out for the first time, you may not have to be concerned about hauling an abundance of furniture and other items. If so, renting a van or truck won’t break your bank. A local trip with a small truck under 20 feet could only set you back $20-30 daily. Naturally, the longer the truck, the more you’ll pay. If you’re hiring labor, expect to pay $25 to $50 an hour or more, contingent on the number of movers you want. Cross-country moves with moving firms can cost thousands of dollars.

Utility bills can vary widely, depending on providers and your usage. People you know in the Indianapolis area may be willing to detail how much their utilities cost to assist you in budgeting. Ensure you ask if anything is included in your rent. Your cable TV or internet providers could charge a set-up fee to transfer service to your new apartment. Contact them to get the price as you’re evaluating how much it costs to move into an apartment in Indianapolis.

Plan Your Move To City's End - Fountain Square Apartments Today!

If you’ve confirmed your budget, and you’re excited to find a splendid apartment in Indianapolis, request a tour at City's End - Fountain Square Apartments. You’ll enjoy the upscale amenities, sizeable units, and the undeniable sense of community. Contact 463-231-3192 today for more information. Our leasing representatives are happy to answer all of your questions in regards to fees and security deposits.