How Much Does It Cost to Move Apartments?

Moving apartments involves a variety of financial considerations beyond just monthly rent. Understanding these diverse expenses is essential for anyone planning a relocation, as proper budgeting can help avoid unforeseen financial strain. From securing the new residence to physically transporting belongings and establishing a comfortable living space, each stage of the moving process carries distinct costs that require careful attention.

Securing Your New Apartment

The initial financial commitments for a new apartment often begin long before moving day. Prospective tenants typically encounter application fees, which cover background checks and credit reports. These non-refundable fees generally range from $30 to $75 per applicant, though they can reach $100 or more in competitive markets. Some states may limit the amount landlords can charge, or even require the fee to be waived if the applicant provides their own recent checks.

Once an application is approved, a security deposit is almost universally required. This refundable deposit acts as collateral for potential damages beyond normal wear and tear or unpaid rent. While the typical security deposit is equivalent to one month’s rent, it can range from one to three months’ rent, depending on local regulations, the property’s value, and the tenant’s credit history. For example, some states cap deposits at one or two months’ rent, while others have no limit.

In addition to the security deposit, landlords usually require the first month’s rent upfront. Some landlords might also ask for the last month’s rent at the time of lease signing, particularly in competitive markets or for higher-risk tenants. Pet owners face additional costs, including pet deposits, non-refundable pet fees, or monthly pet rent. Pet deposits are refundable and typically range from $100 to $500 per pet. Non-refundable pet fees are one-time charges that generally fall between $50 and $500. Monthly pet rent usually ranges from $10 to $60 per pet.

Executing the Move

The physical act of moving belongings from one residence to another involves significant costs, which vary based on whether you opt for a do-it-yourself (DIY) approach or hire professional movers. DIY moving typically involves renting a moving truck, with daily rates for smaller vehicles starting around $19.95 to $29.95, and larger trucks costing $39.95 per day. These base rates are usually supplemented by mileage charges, which can range from $0.59 to $0.99 per mile. Additional expenses for DIY moves include fuel and optional equipment rentals such as dollies and furniture pads.

Hiring professional movers offers convenience but comes at a higher price. The average cost for a local move, typically within a 100-mile radius, can range from $882 to $2,566, with a national average of approximately $1,710. Long-distance moves, however, are considerably more expensive, often ranging from $2,700 to $10,000 or more, depending on factors like distance, weight of belongings, and the level of service. Professional movers often charge hourly rates, which can be $45 to $80 per mover per hour, or provide flat fees.

Many moving companies offer additional services, such as packing and unpacking, which can add approximately $280 to $2,200 to the total cost, depending on the volume of items. Moving insurance is another consideration. While basic coverage is usually provided at no extra cost, it offers minimal protection. For more comprehensive protection, full value coverage can cost between 1% and 2% of the declared value of your belongings, or third-party insurance which can range from 1% to 5% of the insured value. Packing supplies, such as boxes, tape, and bubble wrap, cost around $500 to $600.

Setting Up Your New Home

After the physical relocation, several expenses arise as you settle into your new apartment and finalize affairs at your previous residence. Utility setup and transfer fees are common, covering services such as electricity, gas, water, internet, and cable. These fees typically involve activation charges or deposits to establish new accounts or transfer existing ones.

Professional cleaning services for the old apartment are often considered. The average cost for apartment cleaning services ranges from $75 to $175 for standard cleaning, with deep cleaning or move-out cleaning services potentially costing $200 to $400 or more, depending on the apartment size and condition. For a one-bedroom apartment, move-out cleaning might cost between $120 and $420.

Furnishing the new home represents another significant expense. Basic furnishings for a one-bedroom apartment can cost anywhere from $2,000 to $7,000. A complete bedroom set, including a bed frame, mattress, and dresser, can average $1,500 to $2,500, while a living room set might range from $2,000 to $4,000.

Other Potential Expenses

Beyond the direct costs of moving and setting up a new home, other potential expenses can arise. Temporary housing costs may be incurred if there is an overlap or gap between leases, such as hotel stays. For long-distance moves, travel expenses like flights, gas, and tolls for personal vehicles are relevant financial considerations.

Storage unit fees can be necessary. The average monthly cost for a storage unit typically ranges from $35 to $100, though larger units or climate-controlled options can cost more, sometimes up to $300 or $450 per month.

Finally, breaking an existing lease prematurely can result in fees. Landlords may charge an early termination fee, often equivalent to two to four months’ rent. In some cases, tenants might be responsible for paying rent until a new tenant is found.