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The Pros And Cons Of Apartments With Utilities Included In Noblesville

February 22, 2023
A woman adjusting a thermostat

Getting utilities included may seem like a great deal when searching for an apartment in Noblesville. You won’t have to worry about the expense of electricity and gas or set a reminder to submit payment for those monthly costs. On the other hand, you might be charged a higher rent to balance out the expense of the provided utilities, and you’ll never be sure if you’re paying more than you would if you paid for utilities yourself. So prior to signing that lease, let’s take a look at the advantages and drawbacks of apartments with utilities included in Noblesville.

The Pros Of Apartments With Utilities Included In Noblesville

The fireplace and bar counter in the common room at Ivy Flats Apartments.

In addition to their amenities, numerous Noblesville apartments advertise that rent includes utilities such as gas, electricity, and water. This certainly adds convenience. When you have those expenses rolled into one charge, you won’t have to account for utilities or set a reminder to submit those bills every month. Simply keep up with your rent, and there’s nothing else to worry about! You also won’t have the bother of setting up accounts with the separate utility providers when you move in.

Choosing a utilities-included apartment in Noblesville may save you money too. If you use the A/C or furnace at full force for several months of the year, you won’t see more expensive utility costs in the summer or wintertime. You’ll get to pay the same rent payment irregardless of what month it is, with no exceptions. Utilities included might turn out well for people who spend most of their day at home or have a roomy apartment. If you are inside with appliances and the heater or A/C on at all hours or need to heat a substantial space, paying for energy with your monthly rent may make financial sense.

The Disadvantages Of Utilities Included Apartments In Noblesville

Living in an apartment with utilities included might not be preferable for everyone. To balance out the fee of those utilities, your apartment management could charge a steeper rent. For people who consume a good deal of power or gas during the year, that expense may be close to or even lower than paying for utilities separately. But if you don’t run your furnace or air conditioner all that much, you might consume lower amount of energy than what you’re paying in rent. You might even have to pay more than what you should on combined utilities and rent monthly to cover other tenants’ inflated energy consumption, and you wouldn’t be aware of it.

Whenever utilities are part of your rent, you also don’t have the option to lower your energy use to save some cash. You could power down your apartment’s comfort system and consume minimal electricity, but your rent will stay the same. While some tenants look forward to curtailed utility costs during certain times of the year, you’ll pay the same monthly rate, no matter what.

Explore Your Next Home At East Bank Apartments

At East Bank, you’ll discover roomy apartments equipped with incredible amenities that create the feeling of being home. Our leasing representatives will team up with you to find the right apartment for your needs. Dial 463-238-3799 or request a tour to get an idea of why we are the best spot to call home in Noblesville!