Resident Support

Initial costs breakdown

Understand typical upfront costs like deposits, key money, and fees.

This page explains the difference between upfront move-in costs and monthly recurring costs. Final amounts depend on each property and contract.

Monthly recurring costs

  • Rent
  • Management/common service fee
  • Compare properties by monthly total: rent + common fee

Initial contract costs

  • Deposit: held for move-out settlement; remaining amount may be refunded.
  • Prepaid/prorated rent: prorated when move-in is mid-month.
  • Fire insurance: may be required (policy submission may also be required).
  • Key replacement fee: may be required.
  • Guarantor company fee: required for some properties.
  • Other additional fees may apply depending on property/conditions.

FAQ

Q: Why is the first month amount different?

A: If your move-in date is mid-month, prorated rent and prepaid rent may be included.