Understanding Community Costs

To make the rental journey at PARK ROYAL APARTMENTS as clear and straightforward as possible, we’ve outlined the various charges you may experience as an applicant or a resident. This guide is designed to give you a simple view of both your one-time and ongoing monthly costs.

To get a full picture of your anticipated monthly expenses, start with your base rent and add any selected Services or Lease Options listed below. Situational Costs apply only when specific events or transactions occur.

All prices and fees are subject to change without notice. Actual costs may vary based on individual needs, selected services, and community policies.

Application Costs

Application Charge	$49.00	Per Applicant/One-Time	Required
Security Deposit (Refundable)	$750 1bd, $850 2bd, $950 3bd	Per Unit Type/One-Time	Required
Conditional Deposit (Refundable)	Varies	Per Unit Type/One-Time	Conditional

Services

Internet Service - Third Party - Xfinity	$60.00	Per Aprtment /Monthly	Optional
Renters Liability Insurance – Third Party	Varies	Per Leaseholder /Monthly	Required
Utility Billing Service Fee	$4.25	Per Apartment/Monthly	Required
Utility Electric – Third Party	Usage-based	Per Apartment/Monthly	Required
Utility Water – Third Party	Occupancy-Based	Per Apartment/Monthly	Required
Utility - Gas – Third Party	Usage-Based	Per Apartment/Monthly	Required
Utility – Sewer Utility Water – Third Party	Occupancy-Based	Per Apartment/Monthly	Required
Utility – Trash – Third Party	Occupancy-Based	Per Apartment/Monthly	Required

Lease Options

Pet Rent	$50.00	Per Pet/Monthly
Pet Deposit (Refundable)	$500.00 - $1000.00	Per Pet/One-Time

Situational Costs

Access Device – Remote Replacement	$50.00	Per Occurrence
Access – Rekeying Charge	$75.00	Per Occurrence
Clubroom Rental	$300.00	Per Occurrence
Mail Key Replacement	$5.00	Per Occurrence
Month to Month Charge	Varies	Per Monthly Occurrence
Lease Violation	Varies	Per Occurrence
Non-Sufficient Funds (NSF)	$25.00	Per Occurrence
Parking Permit Replacement	$25.00	Per Occurrence
Rent Late Fee	$50.00	Per Occurrence
Renters Liability Insurance – Gap Insurance	$8.00	Per Monthly Occurrence
Renters Insurance – eRenterPlan	Varies	Per Monthly Occurrence
Payment Processing – Check, ACH, Money Orders	Complimentary	Per Transaction
Payment Processing – Visa	3.1%	3/1% of Monthly Lease Charges
Payment Processing – Non-Visa	3.1%	3.1% of Total Amount Per Transaction ($5.00 minimum)
Payment Processing – International Credit Card	4.10%	4.10% Per Transaction ($5.00 minimum)

The Total Monthly Leasing Price is comprised of base rent, all mandatory recurring monthly fees, and any optional fees affirmatively selected by the applicant or resident. The Total Monthly Leasing Price does not include variable, usage-based, or non-recurring charges, such as utilities, nor does it include any fees, deposits, or other amounts due at or prior to move-in or at move-out. The amount of any security deposit is subject to change based on screening and underwriting results but shall not exceed the maximum amount permitted by applicable law. Certain fees or charges may be subject to sales, use, or other applicable taxes. Some fees and charges may not apply to rental homes participating in an affordable housing or government-subsidized program. All fees, charges, and obligations are governed by and subject to the terms and conditions of the application, lease agreement, and any applicable addenda. Prices, fees, and availability are subject to change without notice to the extent permitted by law. Resident is responsible for damages to the rental home beyond ordinary wear and tear. Resident may be required, pursuant to the lease, to obtain and maintain renter’s insurance and to establish, activate, and maintain utility services, including but not limited to electricity, water, gas, and internet. Additional fees, charges, and requirements may apply as set forth in the application, lease agreement, or related documents, copies of which may be requested prior to submitting an application.