Zero Deposit Renting

Ask your leasing agent about the Zero Deposit option available at your community

Reduce move-in fees with Zero Deposit

We get it – moving into a new rental home is a big headache and a significant investment. On top of moving costs like transportation and supplies, renters have to budget for upfront move-in fees. Eliminating even one of the major expenses, like security deposits, alleviates the financial strain most residents experience during this stressful time. That’s why we offer a Zero Deposit program to make the transition smoother and more financially flexible for our valued residents like you!

How does Zero Deposit work?

Often, the biggest barrier to renting is the security deposit. Residents typically owe first and last month’s rent plus a security deposit—all before even moving in.

Well, with Zero Deposit, you get to skip all that and rent completely deposit-free. Zero Deposit waives the requirement for a security deposit meaning that instead of paying a lump sum for a sizable security deposit at move-in, you enjoy the convenience of a monthly non-refundable fee throughout the duration of your lease.

Below is a basic comparison of paying a traditional security deposit versus selecting the Zero Deposit option:

Security Deposit
  • Due before move-in: $XXXX*
  • Monthly payments: $0
*Security deposits vary from one month's rent to one and a half month's rent based on screening results.
Zero Deposit
  • Due before move-in: $XX**
  • Monthly payments: $XX
**Fees range from $XX-XX.

Is the Zero Deposit option right for you?

If minimizing the stress and costs associated with move-in is important to you, then the Zero Deposit option may be the perfect solution. Not having to come up with a large sum of money before move-in provides financial relief, especially if you’re on a tight budget or don’t have a ton of savings. With no security deposit and payments spread throughout the term of your lease, Zero Deposit makes your move-in simpler and more affordable.