Fee Guide Elevate on 5th

Welcome to Elevate on 5th! 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 $50/per applicant
+$4.70 processing fee
Security Deposit $400-1 Month's Rent
(refundable)
First Month's Rent Base rent amount
(lease holder portion of base rent)
Admin Fee $299/per unit
(if fee applies it is non-refundable)*
Pet Fees $400/per pet
(If pets are allowed, if pet fees applies it is non-refundable)**
Pet Deposit $200/per pet
(If pets are allowed, deposit is refundable)***
Utility Billing Fee $25/one-time
(if applicable, billed by 3rd party)

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
Gas Based on usage
Paid directly to provider
Valet Trash $25
Utility Fee $6.50 Billing Fee
(if applicable, billed by 3rd party)
CAM Fee Based on formula
(if applicable)
Pet Rent/Fee $45/per pet
(if applicable)
Real Estate Tax $16
(if applicable)
Damage Waiver (in lieu of renter's insurance) $14/Mth - in lieu of H04 renter's insurance policy

Covered or Reserved Parking $55 per space
*unassigned, permit only
Storage Fee $45-65
depending on size of unit
Garage Rent/Fee $65 per space
*assigned, permit only
Internet Based on usage
Paid directly to provider
Cable Based on usage
Paid directly to provider
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 $7.99 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 $35 Per Notice
Month to Month Fees $400/Month
Short Term Rental Fee $400/Month
Transfer Fee $500/One-time Per Occurrence
Attorney Fees $300/Per Occurrence
Lease Cancellation Fee $3500 +2 Month's Rent
Cleaning and Damage Fees Varies
Key Fob Replacement $50Per FOB