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.

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

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

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