What is the minimum lease term for Equity Residential properties?
The minimum lease term for Equity Residential properties is typically 12 months. However, in some cases, shorter lease terms may be available, such as six months, but these options may have limited availability and potentially higher rental rates. It is recommended to check the specific property's availability and inquire with the leasing office for more information on shorter lease terms. Additionally, for residents who wish to stay longer, lease renewal options are usually provided closer to the end of the initial lease term, allowing for convenient extensions of the tenancy. Overall, Equity Residential strives to offer flexible leasing options to accommodate various needs and preferences of its residents.
Answered May 3, 2024
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