See our COVID-19 updates for Residents, Guests, and Associates. Learn More.

How to Decide on a Lease Length in Westfield

If you’re searching for a Westfield apartment, you have numerous questions to ponder. In what neighborhood do you wish to move to? How much space would you like? What are the basic amenities you need? And of course, how long of a lease would you like?

Fortunately, it’s fairly simple to decide lease length in Westfield by considering the advantages and disadvantages of both short and long leases. Learn more about these two types of leases and how to decide which is best for you.

Westfield model living room

Does a Short-Term Lease Make Sense?

Are you hesitant to agree to a long lease? A shorter agreement will probably be the smarter choice for you. These leases have a duration of fewer than six months. Leasing agreements of one month are called month-to-month contracts, since they expire and have to be extended every month.

Shorter agreements offer Westfield renters the most flexibility since you aren’t tied down for very long. You could be interested in a short lease like this when faced with a major change in your life like beginning a new job in a new city. Another time you could benefit from a short lease is if you’ve sold your house but the new one isn’t ready yet.

A primary downfall to short leases is that they are usually more expensive per month. In addition, leases of six months or less are not as common, so you might end up in a location that isn’t your first choice just to find the lease duration you require.

Short-term options are smart for people who need an interim arrangement and have a plan in place for acquiring a more permanent residence.

Westfield model kitchen

Should I Choose a Longer Lease?

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

Your monthly payments are likely to be more budget friendly. Longer lease terms are also more commonplace, so you can expect to locate an apartment you like when you’re open to signing long-term leases.

The drawback to a long lease is the lack of flexibility. You signed the lease for a certain number of months. When life takes an unexpected turn, and you have to move out, you are likely to pay a hefty charge.

Westfield patio view

How Do I Decide on the Best Lease Length for Me in Westfield?

The right lease term for you fits your current housing needs as well as your housing demands in the future. Consider the following questions to consider your exact situation and whether a short lease or long lease works best for you:

  • How many months do I want to stay in my apartment?

  • How much can I afford for a shorter lease?

  • Are there circumstances where I may need to leave on little notice and terminate the agreement?

  • In the unlikely scenario where I have to break a long lease, can I handle the additional charges?

  • Do I need a place to stay temporarily, or is a long-term rental the right decision?

  • What are the chances I will find a temporary lease in Westfield?

  • Would I accept a less ideal location so I can enjoy the convenience of a short lease?

Get the Best Lease Length for You in Westfield

Whether you are looking for somewhere to stay while dealing with an important life moment or a spot you can live for a long time , Ashley Place Apartments has the right lease for you. Request a consultation with one of our leasing specialists by placing a call to (317) 689-0173 or by using the “schedule a tour” link.
View Floor PlansSchedule a Tour