"Can You Rent A Luxury Apartment For A Short-Term Stay?" & Other Questions

2 July 2020
 Categories: Real Estate, Blog


If you are looking for a place to live that has a lot to offer, luxury apartments can truly fit the idea. Here are a few things you may want to know as you shop for the best place. 

Can you rent a luxury apartment for a short-term stay?

The majority of luxury apartments you find for rent will have lease requirements, which means you may have to commit to being a tenant for a certain span of time. For example, you may see an apartment with a six-month lease term. 

Do luxury apartments allow you to have pets?

A lot of luxury apartments do allow you to have pets. However, most of these apartments will also come with stipulations about the type of pet you are allowed to have as a resident. 

How much does it cost to rent a luxury apartment?

The cost of renting a luxury apartment can vary drastically depending on the location of the apartment, the sie of the apartment, and the on-site amenities. For example, you may find a luxury apartment in Chicago for an average cost of $2,465, but a luxury apartment in Manhattan may be $4,416 on average. What constitutes luxury can also vary depending on the location. An apartment in a highly-populated area that is considered luxury may be substantially smaller than a luxury apartment in an area where the population is smaller. 

Are utilities included in the price of your rent?

It is pretty rare for utilities, such as water, electricity, or gas to be included in the price of the rent for a luxury apartment. However, it is relatively common for these apartments to come with some included services. For example, you may find that some apartments include the cost of trash pickup or cable television in the cost of the rent. Some apartments may also have things like on-site wifi for all residents to use. 

What are maintenance fees with luxury apartments?

If you come across a luxury apartment for rent that mentions maintenance fees, these are fees paid outside of rent that will cover the cost of the maintenance of the property. Most of the time, maintenance fees are charged if the owner of the apartment complex has contracted a third-party maintenance service to take care of the property. Of course, levels of maintenance included can vary from place to place. It is even possible to find some luxury apartments that include housekeeping, in which case you will likely have to pay additional maintenance fees. 

For more information, reach out to a local real estate agent that can help you find luxury apartments for rent.