Fee Transparency Guide
Additional Fees & Charges
We want to be fully transparent about the various amounts you will be paying for living in your apartment so that you can make an informed financial decision. This information outlines the recurring monthly costs as well as the one-time payments you may incur in addition to your base monthly rent. Please review this information and reach out to us with any questions.
1. Recurring Monthly Costs
Base Monthly Apartment Rent
Your base monthly apartment rent is the amount stated in your lease.
Additional Monthly Utility Costs
Water, Sewer, Trash & Recycling
Water, sewer, trash, and recycling costs are billed monthly through a third-party billing service based on the size of your apartment and the number of residents. Payments are made directly to the landlord. A $5.99 monthly service fee is charged by the third-party provider in addition to utility costs. A $10 administrative fee is charged with both your first and final utility bill.
Electricity
Electricity is billed directly by Pepco after you establish an account in your name. You are responsible for all electricity charges used in your apartment. If you do not place electric service in your name before your lease begins, a $50 monthly service fee will apply until the account has been transferred.
Cable & Internet
Cable and internet service may be arranged directly with any provider pre-wired for the building. Monthly costs vary depending on the provider and service selected.
2. One-Time Costs
Application Fee
A non-refundable $50 application fee is due with your rental application. Each occupant over the age of 18 must submit a separate application and pay a separate application fee.
Reservation Deposit
A $600 apartment reservation deposit is due with your application. Upon acceptance, this amount will be applied toward the landlord’s $600 administration fee. If your application is not approved, the reservation deposit will be refunded in full.
Required Renter’s Insurance
Renter’s liability insurance with a minimum of $300,000 in coverage is required throughout the term of your lease.
Before moving in, you must provide proof of your renter’s insurance policy, and coverage must remain active throughout your lease term.
If proof of insurance is not provided before move-in, you will automatically be enrolled in ResidentShield (general liability only) and will be responsible for the monthly premium until you provide proof of your own insurance.
If you remain enrolled in ResidentShield, adding personal property coverage is strongly recommended. If your personal renter’s insurance lapses during your lease, the landlord may enroll you in ResidentShield and charge you for the replacement coverage. You may upload proof of your preferred insurance provider at any time.
3. Potential Additional Costs
The following one-time and recurring fees may apply. These charges are current but are subject to change.
Pets
Cats and dogs that are not certified service or emotional support animals require:
- $500 one-time, non-refundable fee per pet
- $50 monthly pet fee per pet
Parking
Reserved garage parking is available, subject to availability.
- First parking space: $245/month
- Second parking space: $310/month
Storage
Garage storage units are available:
- Wire locker: Starting at $45/month
- Secure room wire locker: $75/month
Amenity Areas
Certain amenity spaces may be reserved for private use.
- Security deposit: $500
- Rental fee: $100/hour
Apartment Transfers
Transfers to another apartment within the building are subject to a $1,000 transfer fee. Please contact the Management Office for complete terms and conditions.
Early Lease Termination
If you terminate your lease before its expiration:
- A 30-day written notice is required.
- A termination fee equal to two months’ base rent will apply.
- You may request that management immediately market your apartment; however, you remain responsible for rent until a new resident occupies the unit.
The information above is subject to change without notice.