Apartment Costs

What are the Costs involved in Renting an Apartment?

The costs involved in renting an apartment are variable, depending on the policies of landlord/management company. The initial deposit you put down to secure an apartment becomes your first month’s rent.

Here are the funds that come into play:

• First Month’s Rent
• Last Month’s Rent
• Security Deposit
• Key Fee/Deposit
• Finder’s Fee
• Cleaning Fee
• Move-in Move-out fee
• Pet Fee/Deposit

FIRST MONTH’S RENT

This is your initial deposit. It becomes your first month’s rent. Nearly 100% of the time the landlord requires you to pay the security deposit upfront.

LAST MONTH’S RENT

Roughly 75% of the time the landlord will require that you prepay your last month’s rent.…