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.

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

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; ratio billing and usage
billed by 3rd party
Sewer Sewer
Based on formula; ratio billing and usage
billed by 3rd party
Trash Trash
Based on formula; ratio billing and usage
billed by 3rd party
Electric Electric
Based on usage
Paid directly to provider
Utility Fee Utility Fee
$6.50 Billing Fee
billed by 3rd party
CAM Fee CAM Fee
$52 Per Unit
billed by 3rd party
Pet Rent/Fee Pet Rent/Fee
$40 per pet
(if applicable) *limit 2 pets per apartment
Real Estate Tax Real Estate Tax
$12
billed by 3rd party
Damage Waiver (in lieu of renter's insurance) 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.

Optional Costs

These are optional fees you may choose to add to your lease.
Garage Rent/Fee 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.

Online Payment Options

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

Avoidable Fees

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