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average deposit?

 

kristyrocks
(@kristyrocks)
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Joined: 15 years ago
Posts: 27
June 26, 2008 5:51 pm  

i see that most people want first/last month rent and 'deposit'... how much is a typical deposit? $150 $200 $500?


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CBSR
 CBSR
(@CBSR)
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Joined: 15 years ago
Posts: 50
June 26, 2008 6:21 pm  

It is usually one month's rent


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kristyrocks
(@kristyrocks)
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Joined: 15 years ago
Posts: 27
June 26, 2008 6:24 pm  

that's a pricey deposit!

thanks 🙂


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Marty on STT
(@Marty_on_STT)
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Posts: 1779
June 26, 2008 6:40 pm  

But it's the norm...my first place here, back in Jan of '98, was $1,200/month...cost $3,600 to move in!!


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kristyrocks
(@kristyrocks)
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Posts: 27
June 26, 2008 7:03 pm  

thanks for the info! I'm putting together a realistic budget to move with. I guess I'll up the amount 🙂


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CBSR
 CBSR
(@CBSR)
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Posts: 50
June 26, 2008 7:09 pm  

The reason is....WAPA final bill and Water comes out of that (water if you're in a condo that charges) WAPA is .41per Kilowatt (very hefty)


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kristyrocks
(@kristyrocks)
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June 26, 2008 7:38 pm  

fair enough


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billd
(@billd)
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Posts: 1085
June 27, 2008 11:03 am  

Most times it actualy takes the first month, the last month and one month's security deposit. If you have a pet you may be looking at a larger deposit. This is pretty much standard. Whay so high? WAPA bills, water, and people the skip out in the night and don't pay their rent.!!!

If you don't leave the lease early then it just means that you need to have more up front money.

billd


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