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Apartment Lease in Indianapolis

Rent.com's Guide to Apartments for Rent near Indianapolis, IN

Leasing an Apartment in Indianapolis

You've found your perfect Indianapolis apartment and now it's time to sign the lease. Signing a lease is a routine part of the rental process. Your lease should tell you about the landlord's responsibilities as well as what's expected of the tenant. Before you sign your new apartment lease, make sure you have read and understand the details in your lease.

Apartment Lease Details

An apartment lease is a contract between the tenant and the landlord. A typical apartment lease includes the following:

Length of the Lease - Most leases are effective for a designated term. In some cases, the length of the lease can be 12 months, 6 months, or even 18 months or more. The lease contract will specify the length of the lease agreed upon by the tenant and the landlord.

  • Security Deposit - A security deposit is required by most residential leases and rental agreements in Indiana. A security deposit is meant to cover damage to the apartment beyond normal wear and tear.
  • Payment of Rent - The apartment lease includes information about the amount of rent due every month, when it should be paid and how the rent should be paid (mail, in person, etc.). Typically, apartment lease contracts also include information about late payment penalties.
  • Utilities - If the landlord is responsible for certain utilities, the apartment lease will describe which utilities are paid by the landlord and which ones are the responsibilities of the tenant.
  • Lease Renewal Option - Renewal refers to extending the lease for another term. Some leases renew on a month-to-month bases after the initial lease period ends.

Before you sign your apartment lease, pay attention to the fine print, read carefully, and if you have questions or concerns address them before signing on the dotted line.

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Featured Apartments in Indianapolis

Cheswick Village Apt.

Indianapolis, IN 46229

Large garden apartment homes and enormous town homes with private entrances, large great rooms, formal dining rooms plus breakfast bar, and large, enclosed patio.

Columns Of Castleton

Indianapolis, IN 46250

Apartment community pays the gas, heat, water, sewer, and trash...No security deposit...Lawrence Township schools...