Friday, January 2, 2015

Current Rent Rates

For Applications submitted in:

March 2014: $1305
April 2014:  $1305
May 2014:  $1315



Unfortunately, I can only offer 12 month leases on most units.  No month to month tenancies (in most cases).  Once your lease term has completed, you may hold over on a month to month tenancy.


The security deposit is $500 + a surety bond (Value of surety bond is $1000)  

Refundable Security deposit = $500
Non refundable Premium for surety bond = $175
Total needed for deposit and bond (not including rent) = $675

If you'd rather not use a surety bond, you can replace the $1000 value of the bond by adding $1000 to your deposit for a total refundable deposit of $1500.

For more information about surety bonds, please read the article I've written that explains what they are and how they work.

Garages are $225 (month to month) and $200 per month for a 12 month lease that accompanies a 12 month lease for a studio.


Remember, we are in an expansion phase of the housing/rental market.  Supply is drying up, rents for vacant units are going up.  It's about to become harder and more expensive to find an apartment to rent. 

If you're expecting to be in the market for an apartment soon, don't delay.  Get your rental secured and get yourself a 12 month lease while you still can.


*All information subject to change without notice.