Know what You’re Really Paying For
Rent is only one part of the cost of renting a home. Application fees, deposits, convenience fees, service charges, and move-out charges can add hundreds of dollars to the cost of renting.
Rent Reality Check breaks down common rental fees, including charges that may not be obvious, what to look for before paying them, and the questions you should ask when a charge isn’t clear.
Application & Screening Fees
Before you pay an application or screening fee, find out exactly what the fee covers and whether it is refundable. Ask whether the landlord or property manager uses a third-party screening service and what happens to the fee if you’re not approved.
A fee described as a screening or application charge should have a clear purpose. If you’re being asked to pay multiple fees before you can even apply, it’s worth asking for an itemized explanation of each charge.
Questions to Ask Before Paying
- What exactly does this fee cover?
- Is the fee refundable if I’m not approved?
- Is the fee refundable if I withdraw my application?
- Who receives the fee—the landlord, property manager, or a screening company?
- Are there any other fees I must pay before my application can be considered?
Common Fees to Watch For
- Application or screening fees
- Holding or reservation fees
- Security Deposits and deposit-related charges
- Administrative or lease-preparation fees
- Monthly service or amenity fees
- Utility administration or billing fees
- Technology or smart-home fees
- Trash and/or valet trash fees
- Delivery or package handling fees
- Pet fees and pet rent
- Payment-processing fees
- Late fees
- Move-in or move-out fees
- Lease termination or early-move-out fees
Get It in Writing–Document What You’re Told
Keep copies of important information, including:
- Emails and communications via resident portals
- Fee Schedules
- Text Messages
- Advertisements
- Screenshots
- Application Disclosures
- Lease Documents