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About
Security Deposits on Houston Apartments
Security
Deposits - Security deposits range from $100 to a full
month's rent, most commonly being approximately $250. Some apartments
require separate deposits for roommates. Credit application fees are
generally $10 - $35.
Verifiable Income
- Verifiable gross monthly income at least 3 times the monthly rent. For
example, a rent of $500 would require a minimum of $1,500 gross monthly
income.
Credit Check -
We advise the client that a credit check will be conducted by the
apartment community or management company representing the community.
Rental History - Any
previous rental history will be verified and mortgage payments may be
included as rental history. Additionally some communities are also
conducting criminal background checks.
Leases - All apartments
require a written lease. Lease terms are typically 7 to 12 months. Most
leases are written for 12 months. Shorter lease terms are available at
premium rates.
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281-440-6000
Texas
Licensed Real Estate Broker
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Copperfield