Fee Guide Cherry Lane

Welcome to Cherry Lane! 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 $50/per applicant
Security Deposit $400 - 1 Month's Rent
(refundable)
First Month's Rent Base rent amount
Pro-rated based on Move-in and Market Rent
Admin Fee $299/per unit
(if fee applies it is non-refundable)*
Pet Fees $250/per pet and/or unit
(If pets are allowed, if pet fees applies it is non-refundable)**
Pet Deposit $250/per pet and/or unit
(If pets are allowed, deposit is refundable)***

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
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
Gas Based on usage
Paid directly to provider
Utility Fee $25 Set up charge/ $6.50 monthly billing fee
(if applicable, billed by 3rd party)
CAM Fee Based on formula
(if applicable)
Parking Fee (Reserved or Covered) $15 for one assigned carport
(if applicable)
Pet Rent/Fee $35 per pet
(if applicable)
Real Estate Tax $15 per unit
(if applicable)
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.
Covered or Reserved Parking $15 per space
(if applicable)
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.

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

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 10% of rent, minimum $75, up to $150.
+ monthly concession chargeback up to $250, if applicable.
Service of Notice Fees $30 Per Notice
Month to Month Fees $500/Month
Short Term Rental Fee $300/ Month + Market rent
Transfer Fee $500/One-time Per Occurrence