Why it is best to renew your lease as opposed to moving

If you’re uncertain whether you want to renew your lease, it’s important to carefully consider the many variables involved. There are many important reasons to move to a new home, like a new job or family obligations. But moving is costly – in terms of both money and stress. A seemingly inexpensive rental might become pricey once you factor in deposits, applications, moving fees, and other expenses. Be sure to consider all of these factors before making a final decision.

Here are the primary factors to think about when deciding whether to renew your current lease:

  • The moving process – Ask anyone who has gone through a move recently: it’s not very much fun. Whether you’re shelling out for the help of a moving company, or handling it all yourself, it’s stressful and time-consuming to uproot your life – especially if you don’t have an important reason to do so.
  • Expenses – Even if your prospective home has lower rent than your current one, there are other financial considerations to make. There is the money associated with the moving process, first off. But you must also consider the fees that are associated with signing a new lease: application fees, security deposits, pet fees, etc.
  • Your relationship to your community – Once you’ve lived somewhere for a significant period of time, you’ve likely developed relationships with your neighbors and building supervisors. Your landlord’s offer for a lease renewal is evidence of that. It will take time to develop those relationships elsewhere.

You might consider all of these factors and decide that moving is still the right choice for you, but you may instead realize that renewing your lease is a better choice for your situation.  Regardless, it is valuable to consider all of these factors and their impact on you and your family. No matter what you choose to do, however, you’ll always be welcome with us.

The Village at Mayfield

Welcome to The Village at Mayfield, a charming community of red brick apartment homes nestled on 18 acres of mature trees and beautifully landscaped grounds. Our community is conveniently located with easy access to I-271, I-480, and I-90. Enjoy the array of fine dining, shopping and entertainment at Beachwood Place Mall and Legacy Village, which is less than 5 miles away.

Our spacious one and two bedroom Mayfield Village apartments for rent feature large bay windows, private balconies or patios, cozy eat-in kitchens and formal dining rooms. Some homes feature a separate den that can be used for an office or spare bedroom.

Enjoy our resort-style amenities such as our outdoor pool and hot tub, 24-hour fitness center, racquetball court and more! Take care of business at our Wi-Fi equipped business center. We also offer a beautiful party room that you can reserve for your next event.

The Village at Mayfield apartments in Mayfield Village, OH has everything you need and more!