Are utilities included in the rent for Apartment Investment & Management apartments?
No, utilities are not included in the rent for Apartment Investment & Management (AIMCO) apartments. Tenants are responsible for paying their own utility bills, including electricity, gas, water, and any other applicable utility services. The cost of utilities is separate from the monthly rental payment. However, AIMCO does provide assistance in connecting tenants with utility companies to ensure a smooth process in setting up accounts and billing. Detailed information regarding utility expenses will be provided during the leasing process, allowing potential tenants to budget accordingly. AIMCO encourages tenants to be mindful of their utilities usage and to explore energy-efficient options to minimize costs.
Answered May 3, 2024
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