Understanding the full financial commitment when leasing an apartment is crucial. One significant component often overlooked is the total monthly cost beyond the base rental rate.
Your total monthly cost will be higher than the base rental rates listed on apartment websites due to additional monthly fees and charges such as utilities, parking, and pet fees, so it’s important to know exactly how much these extra fees will cost you.
At Moontower, we have helped hundreds of people find their home in downtown Phoenix. To make sure you have a full understanding of the leasing processes and total costs associated with signing a lease at an apartment, we have written this article breaking down the costs of utility fees and how they are calculated.
Cost of Utilities at Apartments in Downtown Phoenix
For most apartments in downtown Phoenix, utilities are not typically included in your base rental rate. However, some utilities might be included in your total monthly rate, such as trash, technology and pest control.
At Moontower, your total monthly rate conveniently includes utilities such as trash, technology, and pest control, simplifying your budgeting process.
How are utility costs calculated?
Electricity, water, sewage and gas are typically sub-metered for each apartment and billed on a monthly basis.
Internet and cable costs tend to vary, given the different plans each property may offer. Some properties offer their own package, whereas most properties require you to set it up on your own via a third-party provider.
What is the average monthly cost of utilities?
Utility charges typically range from $25 to $100, though this can vary based on individual usage and specific policies of each apartment complex.
This can vary greatly from apartment to apartment and may even fall outside of this range. Be sure to ask the properties you’re interested in what the average cost of utilities is each month when you tour.
Most apartments should have their average utility costs available to factor into your total budget, but if the complex is unsure, you can contact your local provider for an estimate.
How will utility costs be billed?
Utility costs are billed separately from rent installments. Most apartments will charge utility fees at the end of each month based on usage. This amount will typically be billed through a third-party app or service.
Specifically, at Moontower, your utility costs are transparently managed. Billed monthly through Conservice, we use the Ratio Utility Billing System (RUBS), ensuring a fair allocation of costs based on your actual consumption.
We hope this article gives you a better understanding of the costs associated with living at a downtown Phoenix apartment. If you have any further questions or would like to learn more about Moontower, please contact our leasing staff! We are more than happy to help in your search for housing.