A luxury apartment is more than just a place to hang your hat or lay your head – it’s practically a status symbol. When you live in a luxury apartment, you kind of get to tell the world that you “made it.”
At the right place and the right time in your life, a luxury apartment could be exactly what you need. To figure that out, it’s probably time you ask yourself some questions and see if the answers fit your lifestyle.
What Is a Luxury Apartment?
Don’t fall for the marketing tricks of renovated apartments made to look luxurious and modern. You can’t install some new appliances or give the walls a new coat of paint and call it luxury. A luxury apartment is designed from the ground up to give you more out of apartment living. When you call a luxury apartment home, you want to show it off.
The features, finishes, and amenities in a luxury apartment are just beyond anything you will find in the average apartment. In the case of Bowman Pointe, our luxury apartments have amenities like granite counters, stainless steel appliances, upscale light fixtures, rainfall showers, etc. Larger layouts also have kitchen islands, built-in wine racks, and dry bars!
Even when you leave your apartment, you are continually met with luxury. Have you seen our clubhouse? We have a resort-style pool, movie theater, conference room, wine cellar, virtual fitness studio, and more that can take your life to the next level. If you enjoy relaxing by a pool, having a dedicated workout routine, working from home, or socializing with your peers, a luxury apartment at Bowman Pointe could be the perfect lifestyle choice for you.
How Much Is a Luxury Apartment?
As of the publication date for this blog post, our luxury apartments start around $700 a month for a studio apartment. For our largest two-bedroom floor plan, the rent can go up to around $1,500 a month. For a larger one-bedroom or smaller two-bedroom luxury apartment, you can expect to pay something in the middle.
So, once you decide which apartment size fits your needs, you can start to budget for it. Depending on an apartment’s view, floor location, and other factors, the rent price will vary even within the same floor plan.
Another thing you need to consider when looking at the cost of a luxury apartment is the utilities. At most apartment communities, you pay separately for utilities like sewer, water, and electricity. You can easily spend hundreds more a month just for those items.
But, not at Bowman Pointe! Our utility packages cover the cost of all your utilities (except electricity). For just $60 or $80 a month extra (if you live in one bedroom or two bedrooms, respectively), we cover your water, sewer, trash, recycling, cable, Internet, alarm system, and pest control. We do this so you have a few less things to worry about and more money to spend on the things you enjoy.
Can I Afford a Luxury Apartment?
You can absolutely afford a luxury apartment if it fits into your budget. So, if you don’t already have a budget established, make one now. Unless money is no object to you, you need a good idea of how much you spend on essential (and nonessential) expenses every month.
As you look at the cost of your lifestyle, be wary that in order to qualify for a luxury apartment at Bowman Pointe, your monthly income must be at least 3.5 times your rent amount. In other words, no more than about a third of your monthly income should go towards your rent. We don’t want you to go into debt just to have a beautiful apartment!
In this way, during the application process, we can determine if the luxury apartment you desire actually fits into your lifestyle. We review your credit report, background check, income statements, and rental history to verify that our community is right for you.
Once you’re approved, we invite you to stop by our weekly happy hours and meet your new neighbors over complimentary beverages. Then, we have special events at least once a month like wine tastings, holiday parties, and outdoor barbecues so everyone can enjoy the Bowman Pointe lifestyle.
Look at our community gallery, floor plans, and social media accounts to discover what life could be like for you at Bowman Pointe. If you have any other questions about how a luxury apartment could fit into your lifestyle, give us a call at 501-725-9055 and speak with a leasing consultant.