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

February 07, 2024
Exterior view of apartment building

If you’re moving into an apartment in Indianapolis for the first time, or if you haven’t moved in a while, you are possibly wondering how much it will cost. You are aware that you must pay the first month of rent, but what other charges should you consider? Explore the kinds of fees you are likely to find and get a better idea of how much it costs to move into an apartment in Indianapolis.

What Other Apartment Fees To Anticipate In Indianapolis?

Swimming pool with deck seating at apartment community 

Besides rent, you will likely encounter various additional fees in advance of moving in. Don’t be alarmed. When you consider the terrfiic amenities like the outdoor pool, fitness center, and clubhouse, it will all be worth the cost. Regardless, it’s a good idea to plan ahead and make certain you have enough saved.
  • Security deposit: This expected charge is designed to make sure you adhere to the stipulations of your rental contract and could be used to cover damages outside of normal usage. Keep in mind that security deposits may vary widely. Fortunately, security deposits in Indianapolis are often refundable, subject to a property inspection at the conclusion of your lease.
  • Application fee: This is a non-refundable administrative fee to cover background checks and costs associated with beginning a new rental agreement. Even though it’s typically not a major expense, you should budget for it and realize that this fee could vary significantly.
  • Pet Costs: If you plan to bring a four-legged roommate, you’ll most likely need to pay a one-time pet fee, a month-to-month cost, or both. This compensates the community if they need to switch out damaged objects like carpeting or doors.

Reach out to the apartment community to determine what you’ll have to pay for the application and your pet. The security deposit will often not be decided until you submit an application.

Don’t Forget About Moving Costs And Utility Bills

Kitchen and living room of open-concept apartment 

If this is your first apartment, you might not have to worry about transporting an abundance of furnishings and other possessions. If that’s the case, renting a van or truck will be pretty cheap. A local rental with a smaller truck in the 10-12 foot range might only set you back $20-30 daily. Of course, the longer the vehicle, the more it will cost. If you’re hiring labor only, anticipate a bill of $25 to $50 hourly or more, depending on the number of movers you want. Cross-country moves using moving companies can reach into the thousands of dollars.

Utility costs can vary dramatically, depending on providers and your usage. Friends or family in the Indianapolis region might be happy to let you know how much their utility bills are to aid you in budgeting. Be sure to ask if any utilities are included in your rent payment. Your internet or cable provider might charge a set-up fee to transfer service to your new apartment. Contact them to determine the price as you’re calculating how much it costs to move into an apartment in Indianapolis.

Come Home To The Edge Apartment Living Today!

If you’ve checked out your finances, and you’re excited to discover a great apartment in Indianapolis, schedule a tour at The Edge Apartment Living. You’ll enjoy the high-end amenities, sizeable units, and the unmistakable sense of community. Contact 463-345-4399 today to get more info. Our leasing agents are pleased to answer your questions in regards to fees and security deposits.