How much are rental deposits?

If you're wondering when your deposit is due and how much you'll need to pay, then read below.

How much is the initial deposit?

Deposits don't have to be complicated. We try to make the rental process as easy as possible, including your deposit!

Here's what you need to know:

  • Your deposit is equal to your 1st month's rent.
    • Your deposit is due at the same time as your first month's rent (at the move-in walkthrough).

For example, the monthly rent on the unit is $600 per month. That means the deposit amount will be $600. 

When is the deposit due?

Deposits are due at the time of your move-in walkthrough.

Deposits, pet fees, other surcharges & 1st month's rent will all be collected at this time. 

How should I pay my deposit payment?

Deposits can be paid in the form of: 

We will not accept personal checks for either deposits or rent.

Here is an example of a potential statement of charges due at the time of your move-in walkthrough.

Type of Charge: Example Amount:
First Month's Rent $900
Non-Refundable Deposit $900
Non-Refundable Pet Deposit $200
Total: $2,000

If you are on a lease-to-purchase agreement, this will differ. Please get in touch with our offices to speak to a representative.