Fee Guide The Grayson on the Rail

Welcome to The Grayson on the Rail! 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.

Application Fee $60/per applicant
Security Deposit $200-1 Month's Rent
(refundable)
Admin Fee $150/per unit
(if fee applies it is non-refundable)*
Pet Fees $300 one-time per pet at move in, $30 monthly pet fee
(If pets are allowed, if pet fees applies it is non-refundable)**

Base Rent Your rent amount
Water Based on formula; ratio billing and usage
(if applicable, billed by 3rd party)
Sewer Based on formula; ratio billing and usage
(if applicable, billed by 3rd party)
Trash Based on formula; ratio billing and usage
(if applicable, billed by 3rd party)
Electric Based on usage
Paid directly to provider
Internet
Paid directly to provider
Cable
Paid directly to provider
Telephone
Paid directly to provider
CAM Fee Based on formula
(if applicable)
Pet Rent/Fee $30 monthly per pet
(if applicable)
Real Estate Tax $13.50 Per Unit
(if applicable)
Damage Waiver (in lieu of renter's insurance) $14/Month - in lieu of H04 renter's insurance policy
Washer/Dryer $65 per month
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.

Implementation Fee $10/One-time
(if applicable, select communities)
eCheck/ACH $3.99 Per Transaction
Debit Card $6.99 Per Transaction
Mobile Check Deposit $2.99 Per Transaction
(if applicable, select communities)
Credit Card (Visa, Mastercard, Discover) 3.5% Per Transaction + $2.99 Per Transaction
MoneyGram $3.95 Per Transaction
Prisma Digital Wallet $3.99 Per Transaction

Late Fees $75 initial, $15 daily
Service of Notice Fees $45 Per Notice
Month to Month Fees Market rent + $300
Short Term Rental Fee 6-9 months term, base rent + $50
Transfer Fee $300-$500/One-time Per Occurrence
Attorney Fees $300-$500/Per Occurrence
Lease Cancellation Fee Varies based on lease term
Cleaning and Damage Fees Varies
Concession Chargeback Varies on concession addendum