Are you getting ready to move into your first apartment? Do you have questions about the difference between a month-to-month rental and a lease agreement? In this guide for MyMove, I’m talking specifically about month-to-month rentals. Thank you for checking it out!
If you are looking for flexibility, a month-to-month lease could be the answer. With no specified end date, they can allow you to reside in the apartment for an extended or limited timeframe. If you take on a traditional lease that renews at the end of 12 or 16 months, you’re required to stay there the duration of your lease. But with a month-to-month lease, you are not obligated to stay in the apartment for a specific number of months.