Long Term Rentals in West Palm Beach

For many, West Palm Beach is the perfect resort to unwind and relax, a temporary refuge from the daily hustle and bustle.

Yet, to some, this place would make a perfect home. For this set of people, here are the basics of long-term leases in West Palm Beach,Fl.

Leases for West Palm Beach long-term rentals usually span over a period of 12 months, 18 months, or 24 months.

However, there are some instances where the landlord or management company offers a 6-month lease period. It’s best to discuss these terms beforehand.

Utilities include; water, gas, electricity, internet, sewage, trash collection, heating, etc.. Some long-term furnished rentals in West Palm Beach, Florida, may offer these services included with the rent, while others may not.

The tenant may be required to pay for these utilities independently or it may be included with the rent. There are also many such cases where the tenant pays for some utilities while the others are covered by the landlord or management company.

The average monthly rent for long-term leases for all West Palm Beach, Florida property types is $2,600. This is a cumulative figure and the average monthly prices for long-term leases of 1-bedroom, 2-bedroom, and 3-bedroom houses in West Palm Beach are as follows:

• 1-bedroom houses: $2,161 per month,
• 2-bedroom houses: $2,627 per month,
• 3-bedroom houses: $3,600 per month,
• Single family homes: $3,012 per month.

This cost, of course, may be much higher or lower depending on several elements such as:

• Location: The neighborhood where the property is may determine its cost. Houses located nearer to the beach, or in luxurious areas where there is a high proximity to recreational centers, good schools, shopping centers, etc would contribute to the rental cost.

• Property size: The bigger, the costlier. Larger apartments are likely to have a higher price tag attached. This includes houses with more bedrooms, expansive living spaces or extra rooms such

as a guest room

• Recency and Condition: Newer apartments or apartments with newer furnishings and modern fixtures are generally more costly than the poorly managed counterparts.

• Amenities: The extra offerings attached to a house may cause it to be higher priced than others. For example, long-term furnished rentals that are pet friendly in West Palm Beach are sure to be more costly than the unfurnished or non-pet friendly options. These amenities may also include; private pools, home gym, luxury furnishes, etc.

• Outdoor: Parking spots, gardens, patios, and large yards are some of the things that add value to a property, hence, an increase in rental cost.

• Security: The systems in place for the protection of tenants such as CCTV technology, gated community access, alarm systems, and security personnel will make the rental costs higher.

• Lease terms and conditions: The terms of the lease agreed by both parties may determine the house cost. For example, the terms attached to a long-term lease often include a lower monthly rent since landlords like the stability of long-term tenants. Also, terms that include utility bills payment by the landlord may have a higher rent cost for the house

For long-term furnished rentals in West Palm Beach, Florida, the maintenance and repair tasks are the responsibility of both the landlord and the tenant:
Landlord

• Handles all major repairs such as structural issues relating to the ceiling, roof, and foundation,
• Handles electrical matters relating to wiring, outlets, and circuit breakers,
• Is in charge of HVAC systems,
• Responsible for windows and doors maintenance,
• Provides functional items; garbage disposal systems, smoke detectors and fire extinguishers.

Tenant

• Handles all minor repairs such as unclogging drains, replacing light bulbs,
• Disposes garbage and recyclables appropriately,
• Reports any major issues to the landlord on time,
• Pays utility bills (water, gas, electricity) if not included with the rent,
• Maintains property state by mowing lawn, not altering the property without permission, etc.

For those looking for long-term leases in West Palm Beach, Fl, this article includes all relevant details to get started.