Fee Transparency Guide
For transparency, we've put together a list of fees you may pay as a resident. Some of these fees are required, and others are optional. In order to calculate the total monthly expense of renting your apartment home, take your unit's "Base Rent" (i.e. the monthly cost of your apartment home without factoring in any additional fees), and add in any fixed costs, usage-based expenses, and optional extras. If you have any questions, please reach out to us directly, we would love to hear from you!
| Fee Category | Fee Name | Fee Description | Amount | Frequency |
| One-Time Charges | Deposit, Refundable | Amount given as security to provide protection against damage, loss, or failure to meet lease obligations. |
$250 | One Time |
| One-Time Charges | Pet Deposit, Refundable | Amount given as security against damage, loss, or failure to meet obligations | $300 | One Time |
| One-Time Charges | Application Fee | Amount to process application and initiate screening. | $25/applicant | One Time |
| Optional Monthly Costs | Pet Rent | Monthly pet rent per apartment. | $35 | Monthly |
| Optional Monthly Costs | Community Waiver Program | Amount for renters waiver of liability insurance. Third-Party Waiver program satisfying lease insurance requirements. | $16 | Monthly |
| Situational Fees | Additional Deposit | Extra refundable deposit for added risk, damages, or lease conditions. | 1/2 month to 1 month rent worth | Per Occurrence |
| Situational Fees | Late Fee | Penalty for rent or fee payments made after the due date. | 5% of rent | Per Occurrence |
| Situational Fees | Non-Sufficient Funds (NSF) Fee | Charge for returned payments due to non-sufficient funds. | $20 | Per Occurrence |
| Situational Fees | Replacement Devices | Amount to replace lost or damaged key, fob, or remote devices. | $50 | Per Occurrence |
| Situational Fees | Legal / Eviction Fees | Costs associated with an eviction proceeding. | Varies | Per Occurrence |
| Situational Fees | Liquidated Damages | Charged based on actual expenses billed to the property as a result of damage. | Varies | Per Occurrence |
| Situational Fees | Additional Deposit | Extra refundable deposit for added risk, damages, or lease conditions. | 1/2 month to 1 month rent | Per Occurrence |
| Situational Fees | Intra-Community Transfer Fee | Charge for transferring to another home within the same community. | $500 | Per Occurrence |
| Situational Fees | Concession Repayment | Tenant repayment of rent discounts if lease terms are not met. |
Varies | Per Occurrence |
| Situational Fees | Renter’s Liability Non-Compliance | Fee for not maintaining required renter’s liability insurance coverage. |
$16 | Per Occurrence |
| Situational Fees | Utility – Vacant Cost Recovery | Utility costs incurred while the unit was unoccupied. |
Usage based | Per Occurrence |
| Situational Fees | Damages | Charges based on actual expenses billed to the property as a result of damage. |
Varies | Per Occurrence |
| Situational Fees | Early Lease Termination / Buyout | Buyout for ending lease agreement before its scheduled end date. |
Varies | Per Occurrence |
| Variable Monthly Costs | Sewer | Amount for provision of sewer services. | Varies – formula, ratio billing | Monthly |
| Variable Monthly Costs | Stormwater | Amount for provision of stormwater services. | Varies – formula, ratio billing | Monthly |
| Variable Monthly Costs | Water | Amount for provision and consumption of water. | Varies – formula, ratio billing | Monthly |
| Variable Monthly Costs | Electric | Amount for provision and consumption of electric. | Varies – formula, ratio billing | Monthly |
| Variable Monthly Costs | Gas | Amount for provision and consumption of natural gas. | Varies – formula, ratio billing | Monthly |
| Variable Monthly Costs | Internet | Amount for internet services. | Varies | Monthly |