Fee Guide 20 Fifty One

Welcome to 20 Fifty One! 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.

These fees are typically due at the time of move-in or as part of the initial leasing process
Application Fee $55 per applicant
$4.88 one-time processing fee per application
Security Deposit $300, $750 or 1 Month's Rent
refundable *OAC
Admin Fee $300/per unit
non-refundable
Pet Fees $400/per pet
pet fees are non-refundable *limit 2 pets per apartment
Utility Billing Fee $25 one-time at move-in
billed by 3rd party

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 Your rent amount
Water Based on formula; ratio billing and usage
billed by 3rd party
Sewer Based on formula; ratio billing and usage
billed by 3rd party
Trash Based on formula; ratio billing and usage
billed by 3rd party
Electric Based on usage
Paid directly to provider
Utility Fee $6.50 Billing Fee
billed by 3rd party
CAM Fee $40 Per Unit
billed by 3rd party
Pet Rent/Fee $40 per pet
(if applicable) *limit 2 pets per apartment
Real Estate Tax $12
billed by 3rd party
Damage Waiver (in lieu of renter's insurance) $14 - in lieu of H04 renter's insurance policy
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.

These are optional fees you may choose to add to your lease.
Garage Rent/Fee $125 per garage
detached one-car
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.

Enrollment Fee $10 One/time
(if applicable, select communities)
eCheck/ACH $3.59 Per Transaction
Debit Card $6.95 Per Transaction
Credit Card (Visa, Mastercard, Discover) 3.5% Per Transaction
+ Convenience Fee of $2.95 Per Transaction
CashPay / MoneyGram $4.00 Per Transaction
(Up to $6,500)

Late Fees 5% of Total Monthly Billing
Service of Notice Fees $40 Per Notice
Month to Month Fees $300/Month
Short Term Rental Fee $75/Month
applies to any lease less than 12 months
Transfer Fee $300 One-time Per Occurrence
Attorney Fees $309.50 Per Occurrence
Cleaning and Damage Fees Varies
Inspection Fee $100 Per Occurrence
Lease Buyout Your rent amount times two (x2)
Early Lease Termination Fee $500