Fee Guide M2 Apartments

Welcome to M2 Apartments! We prioritize transparency about the fees you may encounter as a resident to help you choose a home that fits your budget. Below, you'll find a clear list of initial and monthly costs that are in addition to the base rent. Our goal is to make your living experience enjoyable and financially manageable. Please review these fees to understand your potential financial commitments fully.

Initial Costs

These fees are typically due at the time of move-in or as part of the initial leasing process
Application Fee Application Fee
$53.15 per standard application or $46.94 per Housing Subsidy Application
if fee applies, it is non-refundable
Security Deposit Security Deposit
$500/$1000/$1500 depending on what you qualify for
(refundable)
First Month's Rent First Month's Rent
Base rent amount, which will be prorated if not moved in by the 1st of the month
(lease holder portion of base rent)
Admin Fee Admin Fee
$250/per apartment
(non-refundable, due with 1st full month of rent)
Holding Fee Holding Fee
$150 for 1x1, $250 for 2x2, $350 for 3x2
(applied to move in costs at time of move in, or non-refundable if application is cancelled after 72 hours of acceptance)
Pet Deposit Pet Deposit
$300/per apartment
(pet deposit is refundable)
Utility Billing Fee Utility Billing Fee
$15 due with 1st utility bill
(billed by 3rd party, UB West)

Monthly Fixed and Variable Costs

These are recurring fees that will be part of your regular payments each month. Some may be paid with rent while others could be paid directly to the utility provider or outside third party
Base Rent Base Rent
Your rent amount
Water Water
Based on formula; 50% per occupant/50% per foot
(billed by 3rd party, UB West)
Sewer Sewer
Based on formula; per apartment
(billed by 3rd party, UB West)
Trash Trash
Based on formula; per apartment
(billed by 3rd party, UB West)
Electric Electric
Based on usage
Paid directly to electricity provider, Xcel
Gas Gas
Based on formula; 50% per occupant/50% per foot
(billed by 3rd party, UB West)
Valet Trash Valet Trash
Based on formula; per apartment
(billed by 3rd party, UB West)
Utility Fee Utility Fee
$4.90 Billing Fee
(billed by 3rd party, UB West)
Pest Control Fee Pest Control Fee
$0
CAM Fee CAM Fee
Based on formula; per apartment
(billed by 3rd party, UB West)
Amenity Fee Amenity Fee
$0
Pet Rent/Fee Pet Rent/Fee
$35 per apartment
Real Estate Tax Real Estate Tax
Based on formula; per apartment
(billed by 3rd party, UB West)
Damage Waiver (in lieu of renter's insurance) Damage Waiver (in lieu of renter's insurance)
$12/Month - in lieu of H04 renter's insurance policy
Parking Permit (open lot) Parking Permit (open lot)
$10 per car, per month
(billed by 3rd party, ParkM)
Note: Some regular, required monthly charges such as utilities may be based upon actual usage and/or seasonal variable rates and will vary from month to month.

Optional Costs

These are optional fees you may choose to add to your lease.
Covered or Reserved Parking Covered or Reserved Parking
Carport: $115/month
Storage Fee Storage Fee
$75/month
Garage Rent/Fee Garage Rent/Fee
$300/month
Guest Parking Permit Guest Parking Permit
$4/night
(billed by 3rd party, ParkM)

How to Budget Your Monthly Costs

To calculate your estimated monthly cost, simply:

  1. Add your Base Rent to the required fees listed above.
  2. Choose any Optional Costs that you may wish to add.
  3. The total will be your monthly fixed cost.

Note: Some charges vary and are not a fixed amount.

Online Payment Options

Domuso Free ACH Domuso Free ACH
$0 Per Transaction
Credit Card (Visa, Mastercard, Discover) Credit Card (Visa, Mastercard, Discover)
3.25% - Per Transaction
+ Convenience Fee of $2.95 Per Transaction
Certified Payments Certified Payments
$3.99 Per Transaction
(Domuso Certified)
MoneyGram MoneyGram
$3.95 Per Transaction
(Up to $6,500)

Avoidable Fees

Late Fees Late Fees
5% of rent or $50, whichever is higher
Month to Month Fees Month to Month Fees
$400/Month or Market Rent, whichever is higher
Short Term Rental Fee Short Term Rental Fee
$400/Month
Transfer Fee Transfer Fee
$500/One-time Per Occurrence
(mid-lease transfer only)
Attorney Fees Attorney Fees
$398/Per Occurrence
(billed by 3rd party)
Lease Cancellation Fee Lease Cancellation Fee
$1850 Lease Break Fee + Concession Chargeback
(Concession chargeback varies based on concessions received)
Cleaning and Damage Fees Cleaning and Damage Fees
Varies
Key Fob Replacement Key Fob Replacement
$75/Per FOB